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StoneX's Josh Linville says phosphate is the hardest fertilizer purchase for farmers, as prices never fell like potash and nitrogen did and interest costs are high. He argues that the high cost of phosphate is a barrier even where soil and crop needs demand it.
Persistently high phosphate prices and poor affordability may curb buying and keep phosphate costs elevated for feed-grain growers.
stonex.comJosh LinvilleJun 25, 2024stonex.comJosh LinvilleJun 25, 2024stonex.comJosh LinvilleJun 25, 2024stonex.comJosh LinvilleJun 25, 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.
