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Josh Linville of StoneX says phosphate and potash prices have held steady as rising costs limit demand. He says US phosphate is cheaper than elsewhere but high production costs remain a concern, and potash prices should hold next year before possibly declining as new supply arrives.
Steady phosphate and potash prices with capped demand suggest limited near-term cost pressure for fertilizer-dependent crop production, with potash possibly easing later.
centralmoinfo.comAug 30, 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.
