# Farmers seeing elevated costs of phosphate fertilizers - Brownfield Ag News

> The Illinois Fertilizer & Chemical Association says phosphate prices remain elevated and show no sign of pulling back. China is expected to cut its phosphate exports sharply to keep supply at home, while Indian demand also supports prices.

- Date: 2024-09-06 · published 2024-09-06T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/28655-farmers-seeing-elevated-costs-of-phosphate-fertilizers-brownfield-ag-news
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Reduced Chinese phosphate exports tighten global DAP supply, which keeps US input costs high into fall. Lower expected fertilizer purchases due to weak commodity prices could cap the pressure.

## Read by commodity

- DAP: bullish ▲

## Sources

- brownfieldagnews.com: https://www.brownfieldagnews.com/news/farmers-seeing-elevated-costs-of-phosphate-fertilizers/

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