As farmers prepare for the next growing season, fertilizer analysts are monitoring supplies. They have found several differences in key chemicals.
Analysts say potash will be in good supply next year. Josh Linville with StoneX says supplies have been steady from Belarus and Russia, allowing them to flood the market, and that is despite sanctions placed on Russia after they invaded Ukraine.
The potash market this year was able to get by without many disruptions, a move that has put it in a good place for the upcoming season.
Analysts with DTN say concerns will likely continue in the phosphorus market for some time, well into next year.
Related Stories
Acreage shifts could influence spring marketing decisions.
Corn and sorghum exports continue outperforming soybeans.
Expanding supplies are weighing on global coffee and cocoa prices.
NMPF’s Alan Bjerga discusses pending trade agreements with Indonesia and Ecuador and how they will benefit U.S. dairy producers and improve overall global competitiveness of U.S. ag products.
Lewis Williamson with HTS Commodities discusses how tensions in the Middle East are impacting producer’s spring planting decisions.
Farm Legal expert Roger McEowen discusses new dicamba regulations, compliance requirements for growers, and the evolving outlook for herbicide use.
