Fertilizer Futures Products
MIAX Fertilizer Futures help participants manage risk, improve price certainty, and access one of agriculture's most important commodity markets through standardized, exchange-traded products built for today's global marketplace. Launching October 18, 2026—Pending Regulatory Review.
Manage Price Risk Across the Global Fertilizer Market
Fertilizer Futures provide market participants with a transparent, capital-efficient way to manage exposure to the world's most important crop nutrient markets. Designed for producers, distributors, retailers, importers, exporters, and institutional investors, these contracts offer a standardized benchmark for hedging risk and price discovery.
Whether managing seasonal purchasing costs, protecting production margins, or expressing a market view, Fertilizer Futures deliver flexible access to a critical global commodity market.
What makes MIAX Fertilizer Futures Products Different?
Physical Settlement
Enhances convergence between futures prices and the underlying commodity, enhancing price discovery and hedging effectiveness.
Economical
Take advantage of competitive pricing on transaction and market data fees.
Transparent Price Discovery
Access continuously updated market prices through the centralized limit order book on the Onyx trading platform.
Flexible Trading
Trade contracts electronically during extended market hours to respond to changing global supply, demand, weather, and geopolitical events.
Standardized Contracts
Benefit from clearly defined contract specifications and rules.
Central Clearing
All trades are cleared through MIAX Futures Clearing, reducing counterparty risk while improving operational efficiency.
Fertilizer Futures Products
NOLA Mono-Ammonium Phosphate Futures
Product Codes
Onyx Ticker Symbol: MAP
SPAN® Product Family Code: MAP
Clearing Code: MAP
NOLA Di-Ammonium Phosphate Futures
Product Codes
Onyx Ticker Symbol: DAP
SPAN® Product Family Code: DAP
Clearing Code: DAP
NOLA Potassium Chloride Futures
Product Codes
Onyx Ticker Symbol: MOP
SPAN® Product Family Code: MOP
Clearing Code: MOP
NOLA Urea Futures
Product Codes
Onyx Ticker Symbol: MGU
SPAN® Product Family Code: MGU
Clearing Code: MGU
Fertilizer Futures Brokers
| Firm | Name | Phone Number | |
|---|---|---|---|
| CHS Hedging | CHS Hedging Fertilizer Desk | +1 877 545 0006 | fertilizer@chshedging.com |
| Tony Headrick | +1 651 355 8421 | anthony.headrick@chshedging.com | |
| Peter Haralambakis | +1 651 355 6503 | peter.haralambakis@chshedging.com | |
| StoneX | Josh Linville | +1 816 410 3342 | Josh.linville@stonex.com |
| SSY Global | Gustavo Romanini | +55 11 96590 4851 | G.Romanini@ssyglobal.com |
Resources
The launch of Fertilizer Futures is subject to the submission of certain filings with the CFTC and pending all relevant regulatory review periods.
This information has been compiled by MIAX Futures for general purposes only and is not intended to provide, and should not be construed as, investment, legal, accounting, or tax advice. Although every attempt has been made to ensure the accuracy of information, MIAX Futures assumes no responsibility for any errors or omissions. All matters pertaining to Rules and contract specifications herein are made subject to and superseded by official MIAX Futures Rules, as updated from time to time.
NOT INVESTMENT ADVICE
This information does not constitute personalized investment, legal, accounting, or tax advice. All investments involve risk, and you may lose some or all of your investment. You should carefully consider your financial situation and consult with a licensed financial advisor, tax professional, or legal counsel before making any financial decisions.