CBOT Fertilizer Swaps on Urea, UAN and DAP

CBOT Fertilizer Swaps on Urea, UAN and DAP

Recent volatility in global fertilizer markets had driven growing industry demand for better ways to manage exposure to rapidly changing prices and lessen counterparty credit risk. In response to those needs, CME Group has introduced four cleared Fertilizer Swap contracts on the active Urea, UAN and DAP fertilizer markets.

This fact card provides you with the product information for our four new cleared Fertilizer Swaps:

  • Urea (Prilled) FOB Yuzhny Swaps
  • Urea (Granular) FOB Egypt Swaps
  • Urea (Granular) FOB US Gulf Swaps
  • UAN FOB NOLA Swaps
  • DAP FOB Tampa Swaps
  • DAP FOB NOLA Swaps

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