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Fertilizer Prices Drop 30% Following Demand Destruction

(Bloomberg) — Fertilizer prices that had hit records are now plunging as buyers reel from sticker shock.Most Read from BloombergUkraine Latest: US Slams Putin’s Food-for-Sanctions Relief PlanFord Beats Tesla to the Punch With First Electric F-150 DeliveryTop Gun: Maverick’s F-18 Flights Cost New Tom Cruise Film $11,374 an HourRare Ship-to-Ship Transfers Keep Oil Moving From Russia to ChinaThe June spot price in Tampa, Florida for the nitrogen fertilizer ammonia settled at $1,000 per metric ton,

Costco’s Sales Were Better Than Expected. The Stock Is Down.

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