In today's video report, we revisit the urea fertilizer market.
After our initial analysis on April 3rd correctly identified the potential for a significant retracement, we are now observing the market settle into price levels last seen in January.
Key technical takeaways:
Significant Retracement: Urea prices have pulled back substantially from their highs above $700, aligning with our earlier projections surrounding North American seeding.
As always, patience is key while this market plays out. I’ll continue to track the signals and keep you updated on the trajectory.
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