# March '25 Farmer Fertilizer Focus - Phosphate

> StoneX's Josh Linville says global phosphate supplies remain tighter than normal with Chinese export flows running below normal, and demand has not pulled back as some expected. He expects phosphate values to stay flat over the next month, but warns that fear of missing spring and high prices raise downside risk into summer.

- Date: 2025-02-24 · published 2025-02-24T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/25955-march-25-farmer-fertilizer-focus-phosphate
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [TSP](https://feedsoft.ai/c/TSP.md)

## Why it matters

Tight phosphate supply and steady demand keep DAP and MAP prices firm for feed-related buyers in the near term, but high carry costs and the risk of a summer price reset point to possible downside later.

## Read by commodity

- DAP: neutral
- TSP: neutral

## Sources

- stonex.com: https://www.stonex.com/en/insights/march-25-farmer-fertilizer-focus---phosphate-1555074/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.