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It will be a week of watching for reality over promise, as the markets and the world begin to settle in after the U.S.-China summit, the stalemate in the war with Iran, and the hard red winter wheat tour.
Firms with nitrogen projects at various stages of development say they have seen more focus on ramping up production, especially since Trump administration officials announced a strategy at the end of April to build out more fertilizer production as quickly as possible.
A Federal Reserve Bank of Chicago report shows Midwest farmland values, cash rents and credit conditions are deteriorating in 2026, with many farms operating near breakeven.
