# Rabobank: Fertilizer markets expected to continue downward trend | An official publication of Michigan Farm Bureau

> Rabobank reports that high global potash and phosphate prices caused significant fertilizer demand destruction in 2022. It expects global price declines to pull down US inland prices, potentially by 15% for phosphate and 25% for potash.

- Date: 2022-12-09 · published 2022-12-09T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/38542-rabobank-fertilizer-markets-expected-to-continue-downward-trend-an-official
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [TSP](https://feedsoft.ai/c/TSP.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Lower fertilizer input costs ease farm margins and may shift planting economics, but weak demand signals reduced application rates. Downward pressure on phosphate and potash prices is the expected direction into 2023.

## Read by commodity

- DAP: bearish ▼
- TSP: bearish ▼
- POTASH: bearish ▼

## Sources

- michiganfarmnews.com: https://www.michiganfarmnews.com/rabobank-fertilizer-markets-expected-to-continue-downward-trend-

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