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A global look at the fertilizer market
Farmers could continue to face challenges with access to fertilizer in 2025.
Josh Linville with Stone X Group says the shifting geopolitical landscapes are affecting fertilizer availability and profitability.
“In the last few years, the Chinese government has started to place export restrictions,” he says. “China is a major urea exporter. When China is out of the marketplace, the market is usually supported. When they are in the marketplace, the market is generally bearish.”
During a recent webinar with Indiana Farm Bureau, he said he doesn’t expect prices to decline any time soon.
“Russia continues to invade Ukraine,” he says. “This is a big reason why prices shot up so high. They went from the largest anhydrous exporter about to literally zero.”
Linville says the U.S. needs to build a stronger domestic market to reduce reliance on foreign entities.
“We are politically stable,” he says. “We’ve got some of the cheapest natural gas outside of Middle East. We are literally the perfect spot to put new production.”
Linville says with fertilizer as one of the largest inputs to invest in, farmers should stay informed about global trends to make the best decisions for their operation.
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