Bloomberg

Force Majeure at Top Fertilizer Plant Has Prices Soaring

(Bloomberg) — Fertilizer prices are soaring after the world’s largest nitrogen facility had to declare a force majeure.CF Industries Holdings Inc. said on Sept. 3 that it can’t fill orders from its Donaldsonville, Louisiana, nitrogen complex, which was closed ahead of Hurricane Ida, according to a letter seen by Bloomberg. That’s stoking fears of production losses at a time when supplies are already tight.Fertilizer prices are already high, and that’s adding to increasing costs for farmers, who

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