# Agriculture Market Update: H1 2022 in Review for Potash and Phosphate | INN

> 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.

- Date: 2022-08-22 · published 2022-08-22T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/39981-agriculture-market-update-h1-2022-in-review-for-potash-and-phosphate-inn
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

High phosphate and potash costs may cut farmer margins and reduce corn planting, which affects future feed-grain supply and demand balances.

## Read by commodity

- DAP: neutral
- POTASH: neutral

## Sources

- investingnews.com: https://investingnews.com/potash-phosphate-price-update/

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