# Swamped with Supply: Rabobank Releases Latest Global Fertilizer Outlook - AgriBusiness Global

> Rabobank's Global Fertilizer Outlook 'Swamped with Supply' says fertilizer prices fell considerably in 2019 because of abundant supply and weak demand. It expects a demand rebound and supply constraints from environmental reforms and weather to support prices. It forecasts weak N, P and K pricing in the U.S. through Q2 2020 and lower EU demand.

- Date: 2019-12-17 · published 2019-12-17T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/55520-swamped-with-supply-rabobank-releases-latest-global-fertilizer-outlook
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Oversupply and heavy channel inventories point to continued weak fertilizer prices in the near term. A later demand rebound and supply curbs could lift prices, but this is likely a 2020 story.

## Read by commodity

- DAP: neutral
- UREA: neutral
- POTASH: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2023-01-06 | [2023 fertilizer outlook provided – Wyoming Livestock Roundup](https://feedsoft.ai/events/10451-2023-fertilizer-outlook-provided-wyoming-livestock-roundup.md) | -3.6% | -17.8% |
| UREA | 2023-06-16 | [Global fertilizer market remains unstable \| World Grain](https://feedsoft.ai/events/35419-global-fertilizer-market-remains-unstable-world-grain.md) | +3.3% | +6.7% |
| UREA | 2022-09-29 | [Fertilizer Prices Remain “Considerably Higher” Than Last Year, as Hurricane Ian Could Worsen Outlook \| Farm Policy News \| Illinois](https://feedsoft.ai/events/11905-fertilizer-prices-remain-considerably-higher-than-last-year-as-hurricane-ian.md) | -4.2% | -9.1% |
| UREA | 2023-09-18 | [Global Fertilizer Market Challenged by Russia’s Invasion of Ukraine \| Economic Research Service](https://feedsoft.ai/events/34017-global-fertilizer-market-challenged-by-russia-s-invasion-of-ukraine-economic.md) | -0.5% | -6.2% |
| UREA | 2022-09-27 | [Fertilizer Prices, Rates, and Costs for 2023 - farmdoc daily](https://feedsoft.ai/events/11906-fertilizer-prices-rates-and-costs-for-2023-farmdoc-daily.md) | -5.7% | -9.1% |
| DAP | 2023-12-07 | [Global Fertilizer Outlook - 2](https://feedsoft.ai/events/33032-global-fertilizer-outlook-2.md) | +0.9% | +3.9% |
| DAP | 2021-01-05 | [Global fertiliser price outlook positive news for Australian growers - Grain Central](https://feedsoft.ai/events/11957-global-fertiliser-price-outlook-positive-news-for-australian-growers-grain.md) | +0.3% | +37.4% |
| DAP | 2022-09-29 | [Fertilizer Prices Remain “Considerably Higher” Than Last Year, as Hurricane Ian Could Worsen Outlook \| Farm Policy News \| Illinois](https://feedsoft.ai/events/11905-fertilizer-prices-remain-considerably-higher-than-last-year-as-hurricane-ian.md) | -3.3% | -2.2% |

## Sources

- agribusinessglobal.com: https://www.agribusinessglobal.com/plant-health/npk/swamped-with-supply-rabobank-releases-latest-global-fertilizer-outlook/

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