During 2007 and 2008, farmers saw a rapid runup in fertilizer prices to record highs, followed by lower prices in late 2008. The significant ups and downs of the market in 2008 can serve as a textbook example of supply-and-demand analysis in price determination. For full story, click here
Even if U.S. phosphate and potash usage decline by as much as 10 percent from last year, as Prokopanko said he expects, peak spring demand may strain railroad transportation and storage capacity. For full story, click here
After increasing for six consecutive years, U.S. fertilizer prices are finally beginning to fall at the wholesale level, according to a report by the American Farm Bureau Federation. For full story, click here
Belarussian Potash Company will enhance exports of potash to the United States to 800,000 tonnes in 2008 against the 500,000-700,000 tonnes of previous years. For full news, click here
Thursday, February 19, 2009