Loading…
Potash and phosphate prices rose through the first half of 2022, with phosphate passing $1,000 per tonne for the first time since 2008 and spot potash hitting an all-time high of $1,210 per tonne in April. Prices have eased into the third quarter but remain historically high.
High phosphate and potash costs may cut farmer margins and reduce corn planting, which affects future feed-grain supply and demand balances.
investingnews.comGeorgia WilliamsAug 22, 2022Not 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.
