# October '23 Farmer Fertilizer Focus - Phosphates

> StoneX's Josh Linville says global phosphate prices appear to have found short-term support after aggressive purchases by major buyers. He expects longer-term downside as supplies normalize, citing Chinese export programs and future Norwegian production.

- Date: 2023-09-25 · published 2023-09-25T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/34444-october-23-farmer-fertilizer-focus-phosphates
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Near-term firmness in phosphate values raises buying costs now, though the analyst expects prices to ease over the longer term as supply recovers.

## Read by commodity

- DAP: bullish ▲
- POTASH: neutral

## Sources

- stonex.com: https://www.stonex.com/en-gb/insights/october-23-farmer-fertilizer-focus-potash/
- stonex.com: https://www.stonex.com/en-us/insights/october-23-farmer-fertilizer-focus-phosphates/

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