Mississippi River levels are the biggest influence on fertilizer markets right now according to StoneX Vice President of Fertilizer Josh Linville. A lot of product is already in place, but there’s still a tremendous amount of price risk in the market. “That’s kept everybody a little more reserved on putting tons in place, ready to go for this fall.” News from the Middle East hasn’t had much influence on the fertilizer prices despite Israel being the fourth largest exporter of potash. “We didn’t hear any stories of production sites or logistical change being impacted so it looked like it was a non-event.” The full interview with Josh Linville is available here.
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