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CropLife, writing with Mosaic's Andy Jung, outlines phosphate and potash market drivers for 2021. Fertilizer prices recovered in late 2020 as supply struggled to match returning demand, and COVID-19 limited output in some locations while newer plants underperformed.
Tight phosphate and potash supply/demand balances point to firm fertilizer prices through 2021, raising input costs for feed grain and oilseed production.
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.