Fertilizer Supply Crisis Deepens as Fall Demand Turns Heavy

Fertilizer supply disruption is deepening as Strait of Hormuz shipping cuts urea and phosphate exports and European nitrogen output stays reduced. Josh Linville, StoneX VP of Fertilizer, explains where nitrogen and phosphate supply stands, what further disruption to Russian exports would mean, and how stronger corn returns are changing fall buying. European nitrogen production has run near 75 percent of normal since early 2022, as Dutch TTF gas costs keep older plants shut and push European buyers toward North African supply. Linville also covers why Ukrainian strikes on Russian production or export facilities would escalate an already short market. 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 Supply Under Fire 01:02 - Hormuz Chokes Urea Exports 02:53 - The Russian Export Nightmare 04:22 - European Nitrogen Runs at 75% 06:29 - Corn Cash Flips Fall Demand 07:38 - Farmers Love Planting Corn Like and subscribe for more financial market insights. #StoneX #JoshLinville #Fertilizer #Nitrogen #Corn --------- 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 *CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Capital at risk.