# Fertilizer market sees shift with entry of new players

> Brazilian farmers are buying fertilizer cautiously, and newer suppliers such as Morocco's OCP and Belarus's BCP each took about 5% of the Brazilian market in 2023. Mosaic and Yara lost share, falling to 17% and 11% respectively, according to StoneX data.

- Date: 2024-07-30 · published 2024-07-30T12:00:00.000Z
- Category: market · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/29627-fertilizer-market-sees-shift-with-entry-of-new-players
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Weak farmer demand and aggressive pricing from new entrants point to continued pressure on fertilizer margins and prices in Brazil, a key import market. The shift also reflects low crop prices limiting input purchases.

## Read by commodity

- DAP: bearish ▼
- POTASH: bearish ▼

## Sources

- valorinternational.globo.com: https://valorinternational.globo.com/agribusiness/news/2024/07/30/fertilizer-market-sees-shift-with-entry-of-new-players.ghtml

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