# Stronger-for-longer fertilizer prices to eat into farmer profits

> Mosaic says global phosphate and potash stockpiles remain flat despite a sharp price rally, so elevated prices will last longer than expected. Brazil demand is forecast at 43 million tonnes this year, up from 40.5 million in 2020. Soy and corn farmers in Brazil have already locked in about 85% of nutrient needs.

- Date: 2021-07-08 · published 2021-07-08T12:00:00.000Z
- Category: market · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/46383-stronger-for-longer-fertilizer-prices-to-eat-into-farmer-profits
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Flat inventories and strong Brazilian demand point to sustained high phosphate and potash prices, which raise input costs for grain and oilseed production and may erode farm profitability.

## Read by commodity

- DAP: bullish ▲
- POTASH: bullish ▲

## Sources

- farmprogress.com: https://www.farmprogress.com/crop-protection/stronger-for-longer-fertilizer-prices-to-eat-into-farmer-profits

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