Phosphate prices may not drop this summer

Source: Sean Pratt, Producer.com, June 21, 2018 

Unusually tight inventories have driven up the price of the second most popular fertilizer used on the Prairies

Farmers who buy phosphate fertilizer in the summer or fall could be in for sticker shock.

Prices usually drop in the summer, but that is not happening this year because of changing market dynamics, according to a supplier of the product.

Brendon Sayers, Canadian sales manager for EuroChem North America, spoke to a customer recently who is refusing to purchase phosphate at prices higher than he paid this spring.

Read full article here….

Image Source: Producer.com File Image 

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