RaboResearch recently published its semi-annual global fertilizer outlook, “Waiting for Demand.” The report provides a view on the global supply and demand fundamentals. U.S.-based farm inputs analyst Sam Taylor is available to discuss the current fertilizer outlook for the North American market.
“Factors point to continued downward pressure for the N, P, K price index as we head through the coming months,” Sam shares. “The near-term upward movement in North American phosphate prices does little more than change the trade flows longer term. We remain in a structurally low corn/soybean price environment, with high global potash inventory, global economics weakening the ammonia complex and uncertainty around trade.”
To view the report click here.