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Great American Crop republished a DTN global fertilizer outlook on potash, forecasting a positive 2024 with lower prices and returning farmer demand. It cites IFA data showing global potash output fell 15% to 62.1 mmt and consumption dropped 12% from 2020 to 2022.
The same outlook points to stronger potash demand next year as affordability improves, supporting prices from current lows.
greatamericancrop.comDec 14, 2023Not 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.
