Loading…
GROWMARK's Crop Nutrient Division expects strong fall demand for nitrogen, phosphate and potash, driven by higher corn prices and a forecast increase in acres. It projects phosphate prices about 20% below a year earlier, potash steady, and anhydrous ammonia higher than last fall but below spring 2019.
Expected strong demand alongside lower phosphate prices shapes the fall fertilizer buying outlook and the cost base for the 2020 crop, with little immediate effect on feed grain prices.
mcfb.orgAug 29, 2019Not 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.
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.
