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Phosphate and Potash Prices on the Rise in Q1 2025: What's Driving the Increase?
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Phosphate and Potash Prices on the Rise in Q1 2025: What's Driving the Increase?
Fertilizer prices remained elevated in Q3 compared to both the first half of the year and the end of 2024. Potash prices surged at the start of the year as the Trump administration threatened tariffs on Canada, the top supplier to US farmers. During the third quarter, prices were 20 percent higher than at the end of last year.Meanwhile, phosphate prices continued to climb through Q3 on the back of supply shortages, spurred by export restrictions…
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