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Wilbur-Ellis fertilizer director Gregory Griffin told a Texas conference that US fertilizer volume could fall 15% to 20% in 2025 and that nitrogen, phosphate and potash prices will stay volatile and elevated through the second quarter. He cited lower application rates, reduced prepayment and logistics constraints.
Expected lower volumes and elevated prices into spring support fertilizer costs for feed grain growers and point to tighter input availability, which can feed into corn and soybean acreage and price expectations.
farmprogress.comRon SmithDec 18, 2024Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
