Futures Trading involves risk of loss and is not suitable for everyone. Past profits are not necessarily indicative of future results/profits.

We run the midday grain and livestock check, then get blunt about why fertilizer bills still feel upside down against what the crop can earn. We walk through retail nitrogen, phosphate, and potash pricing, tie it to global supply and policy shocks, and leave you with a clearer way to think about per-acre risk. 
• Quick market snapshot for corn, soybeans, wheat, cattle, and hogs 
• Why we use USDA Iowa and Illinois retail fertilizer prices as a benchmark 
• Current nitrogen pricing for anhydrous, UAN 28%, UAN 32%, and urea with year-over-year context 
• Why UAN and urea can look overpriced versus anhydrous on a pound-of-N basis 
• How global supply exposure to Russia and the Middle East filters into US fertilizer prices 
• Why expanding domestic nitrogen production is slow, expensive, and heavily regulated 
• Phosphates and potash prices, including DAP, MAP, and potash year-over-year moves 
• What the emergency action on phosphate imports from Morocco could mean for supply risk 
• A retail fertilizer price index compared to expected new crop corn revenue per acre 
• Fuel check on propane and farm diesel plus what energy inventories suggest 
• Weather risk outlook for storms, heat, and heavy rain 
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Futures Trading involves risk of loss and is not suitable for everyone. Past profits are not necessarily indicative of future results/profits.