Fertilizer Affordability Crisis Deepens as Corn Slides

Fertilizer prices stay high as corn slides because the Strait of Hormuz disruption keeps nitrogen and sulfur supplies tight for U.S. farmers. Josh Linville, StoneX VP of Fertilizer, explains why phosphate, nitrogen, and potash affordability is diverging as new-crop corn values retreat. Sulfur and anhydrous ammonia costs tied to the Strait of Hormuz have pushed phosphate production costs high enough for Mosaic to halt a Florida facility. India's urea tender fell well short after sellers refused to match the lowest offer, while potash stays flat on ample supply. Discover Actionable Fertilizer Insights with StoneX Market Intelligence: https://shop.stonex.com/collections/fertilizers?utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_josh_linville&utm_content=share 00:00 - Fertilizer Bills Outpace Grain 00:51 - Corn Slide Rattles Fall Demand 02:21 - Phosphate Pain vs Corn Deepens 04:05 - Hormuz Lifts Phosphate Costs 07:02 - India Urea Tender Falls Short 09:17 - Potash Holds Calm Amid Turmoil 11:04 - Gulf Port Loading Bottleneck 12:59 - Thin Inventories, Costly Waits Like and subscribe for more financial market insights. #Fertilizer #StoneX #JoshLinville #Phosphate --------- Like this video? Subscribe and turn on notifications so you don't miss any videos from StoneX: https://www.youtube.com/@stonex_official Visit https://www.stonex.com/en/insights/thought-leadership/?utm_source=youtube&utm_medium=social for insights, perspectives and thought leadership from StoneX's global network of experts. Visit our website: https://www.stonex.com?utm_source=youtube&utm_medium=social