Fertilizer prices have moderated and demand remains strong. However, Mosaic Chief Economist Andy Jung is monitoring trouble spots around the world including the conflict in Israel and Palestine. “Depending on the severity of any conflagration in the Middle East, it could have very dramatic impacts across N P and K,” said Jung. “There is a lot of fertilizer production and raw material production that takes place in the Middle East and in North Africa. If that conflict were to widen and worsen, it would have very dire consequences for fertilizer availability.” Jung was featured at the NDAA Agribusiness Expo in Fargo. Listen to the interview.
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