# US phosphate market divided over fall demand outlook | Latest Market News

> US phosphate traders are divided on how much fall demand will be lost to poor affordability and limited supply. One camp expects only about 20pc lower demand than last fall, while the other expects a 30-40pc reduction. A short ton of Nola DAP required 206 bushels of corn to buy, compared with 133 bushels in September 2024.

- Date: 2024-03-25 · published 2024-03-25T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/31537-us-phosphate-market-divided-over-fall-demand-outlook-latest-market-news
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Sharp demand destruction would weigh on phosphate prices, but the market is undersupplied so supply limits could keep prices firm. The outcome depends on how much nutrient replacement farmers still need.

## Read by commodity

- DAP: neutral

## Sources

- argusmedia.com: https://www.argusmedia.com/en/news-and-insights/latest-market-news/2725558-us-phosphate-market-divided-over-fall-demand-outlook

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