Go on give us your best guess if the fundamentals
dont change .
the fundamentals are too volatile to see much beyond 60 days. We trade with what we know. I accept that you need to make decisions on known unknowns too; weather, disease, etc.
Today, you should be able to buy Urea for around £1,000/mt in bags. If it's inhibited, you could make the calculation that AN should be £750/mt. If it's any cheaper, fill your boots!
Would you sell wheat forward to hedge the fertiliser purchase?