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Phosphate fertiliser prices have risen sharply, with DAP and TSP at their highest in a decade. Agronomists are urging growers to make better use of phosphate already in their soils, citing revised AHDB RB209 guidance that lowered recommended phosphate rates for winter wheat.
Higher phosphate prices encourage growers to cut application rates, which could slightly dampen demand for DAP and TSP. The price level itself remains firm.
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.