# April Farmer Fertilizer Focus - Phosphates

> StoneX analyst Josh Linville rates the phosphate outlook as bearish for the coming months. He expects major global buyers to purchase later than the market anticipates and North American spring demand to underperform again. Inventory carryover into summer is expected to weigh on prices.

- Date: 2023-04-03 · published 2023-04-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/36733-april-farmer-fertilizer-focus-phosphates
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [TSP](https://feedsoft.ai/c/TSP.md)

## Why it matters

Weak buying and expected carryover suggest phosphate export prices will stay under pressure. Buyers who need spring phosphate supplies may find better pricing if they delay purchases, but they face the risk of late availability.

## Read by commodity

- DAP: bearish ▼
- TSP: bearish ▼

## Sources

- stonex.com: https://www.stonex.com/en-us/insights/april-farmer-fertilizer-focus-phosphates/

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