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US farmers are facing high fall fertilizer quotes as they book inputs for 2026 crops. StoneX's Josh Linville says phosphate is in dire straits and needs demand destruction this fall.
He adds that imported supply cannot arrive in time to ease prices this season.
Phosphate prices high enough to cut demand could reduce US application and future yields, supporting corn and soybean prices over time while raising feed-cost pressure.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.