# Market Talks: South American fertilizer market in 2024 | Argus Media

> Argus discusses the start of 2024 in South American fertilizer markets, noting slow purchasing in Argentina due to its political situation and poor liquidity in Paraguay tied to El Niño weather. Paraguayan ammonium sulfate import prices rose to about $260-270/t CFR as the import window narrowed for corn and wheat.

- Date: 2024-02-02 · published 2024-02-02T12:00:00.000Z
- Category: market · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/31977-market-talks-south-american-fertilizer-market-in-2024-argus-media
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [TSP](https://feedsoft.ai/c/TSP.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Slow South American fertilizer purchasing and El Niño-related weather risk point to weaker regional fertilizer demand, which could reduce planted acreage and affect later crop supply.

## Sources

- argusmedia.com: https://www.argusmedia.com/en/news-and-insights/energy-and-commodity-podcasts/market-talks-south-american-fertilizer-market-in-2024

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