Bloomberg writer Elizabeth Elkin reported on Friday that, “Soaring fertilizer prices that have helped drive up food inflation finally tumbled this week, but the reprieve may be short-lived.
 
The Green Markets North American Fertilizer Price Index fell 12% on Friday, the most since 2009.
 
“Prices for urea, a type of nitrogen fertilizer, swung wildly. They rose and fell by more than $100 per short ton every day this week as the market tried to assess prospects for spring demand and natural gas came off highs in Europe, said Alexis Maxwell, an analyst at Green Markets.”
 
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