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:
CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.