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StoneX's Josh Linville says phosphate prices are trailing lower in the short term. Fall demand in North America and globally has been weak, and some applicators are waiting until spring.
Weak phosphate demand and falling values point to cheaper DAP for farmers, easing cost pressure on crop inputs.
stonex.comJosh LinvilleDec 4, 2022Not 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.
