Today’s fertilizer pricing issue isn’t due to a shortage of essential nutrients potash, nitrogen, and phosphate. In fact, Asbridge believes there is an “oversupply” of all three. Morningstar senior equity analyst Jeff Stafford agrees that by the end of the decade, the world will see potash capacity grow faster than the demand, putting pressure on prices. New mines will likely be added in areas of the world like Canada and Russia. Long-term, phosphate is anticipated to see inflation-like growth in price as demand grows faster than supply, but currently the supply is plentiful.Watch video

Leave a Reply

Show Buttons
Hide Buttons