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A 2019 outlook for phosphate and potash says prices rose through 2018 on record shipments, delayed greenfield projects and higher raw material costs, but momentum stalled in Q4. The outlook expects a relatively balanced market in 2019 with limited price risk beyond seasonal swings.
A balanced market with no clear shortage suggests phosphate and potash prices hold recent gains rather than rising sharply, so input costs for feed producers should stay broadly stable.
agribusinessglobal.comMatt HopkinsMar 11, 2019Not 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.
