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CropLife's 2021 outlook says phosphate and potash markets are tightening, with robust demand returning after weather-disrupted seasons and supply constrained by COVID-19 and underperforming new plants. Chinese export restrictions are noted as a key driver.
Structurally tighter phosphate and potash balances keep fertilizer prices elevated, raising production costs for feed grains and oilseeds through 2021.
croplife.comAndy JungFeb 17, 2021Not enough comparable past events yet for a historical read.
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.
