Green Markets Weekly North America Fertilizer Price Index Notation

The Green Markets Weekly North America Fertilizer Price Index is constructed using the fertilizer benchmark prices of US Gulf Coast Urea, US Cornbelt Potash and NOLA Barge DAP. The index is value weighted based on the annual global demand of each nutrient. For current year pricing we use fertilizer demand forecasts from the Green Markets Research. The index has a starting date of January 7, 2002 and an associated starting value of 100. The index is updated on a weekly basis at the time of publication ofGreen Markets. The index provides a snapshot of how North American fertilizer prices are trending over time.

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All information has been obtained by Green Markets from sources believed to be reliable. However, because of the possibility of human or mechanical error by our sources, Green Markets or others, Green Markets does not guarantee the accuracy, adequacy, or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information.

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