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StoneX's fertilizer analyst says the global phosphate price trend remains clearly negative despite a possible bump from fall demand and hurricane aftermath. He advises waiting until the market shows a bottom before buying fall and spring phosphate needs.
A continued bearish phosphate trend lowers fertilizer costs for farmers, which can support planting economics but has limited immediate impact on feed commodity prices.
stonex.comJosh LinvilleOct 3, 2022stonex.comJosh LinvilleOct 3, 2022Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
