# CRU: The Effects of Vertical Integration in the Fertilizer Value Chain on Producers

> CRU analysis says international fertilizer producers have faced a bear market since 2011, with a 44% real price decline between 2011 and 2016 driven by capacity additions that outpaced demand. Producers are now integrating vertically to protect margins, though price signals suggest the market is starting to turn.

- Date: 2019-01-28 · published 2019-01-28T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/61402-cru-the-effects-of-vertical-integration-in-the-fertilizer-value-chain-on
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Continued oversupply has kept nitrogen, phosphate and potash prices low, and any turn in the cycle would raise the cost of crop inputs that feed into feed grain pricing.

## Sources

- prnewswire.com: https://www.prnewswire.com/news-releases/cru-the-effects-of-vertical-integration-in-the-fertilizer-value-chain-on-producers-300784325.html

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