U.S. potash and phosphate prices could trend lower as supplies grow

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Farmers could see a stronger fertilizer supply next year.
Recent findings show that prices could decrease for potash and phosphates, as the war in Ukraine continues.

Rabobank says that the two are flowing more smoothly out of Russia. In the U.S., supplies are “comfortable enough.”

However, nitrogen prices are expected to increase. Estimates show 20-30% at the wholesale level.

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