I read somewhere that urea and DAP are going to be traded as futures!!!
Based on SWAP trading!
July 11 -11 would be starting day .....does anyone know wich exchange????
Re: Fert futures
The CME Group has started four new cash-settled fertilizer swap futures contracts that started yesterday. The contracts are urea, urea ammonium nitrate (UAN) and di-ammonium phosphate (DAP). They are available on the New York trading floor with clearing services available through the CME ClearPort platform. For more information go to cmegroup.com/fertilizer.