FARM BUSINESS NEWS
Global Fertilizer Outlook - 3
Russ Quinn DTN Staff Reporter
Tue Jan 7, 2014 06:28 AM CST

TAMPA, Fla. (DTN) -- The current situation in the phosphorous market could be described as a slow burn.

Weaker fundamentals and cautious sentiment have come together to cloud the current state of industry, said Michael Rahm, vice president of market and strategic analysis for The Mosaic Company. He recently gave a phosphorous outlook presentation at The Fertilizer Institute (TFI) Fertilizer Outlook and Technology Conference in Tampa, Fla.

"There are several factors at work here with the collapse of the Indian import demand, additional supplies, lower agricultural commodity prices and even spillover from high-profile events in Russian and Belarus," Rahm said.

...

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