Rabobank Fertiliser Quarterly Q4 2011

The latest Fertiliser Quarterly from Rabobank looks at the current level of weakness across the fertiliser complex, which is expected to persist in the near-term.

Key points

• There is upside potential for fertiliser prices towards the end of Q1 2012 when demand picks up to meet the needs of elevated crop plantings.

• However, the uncertainty surrounding the outlook for crop prices and a more cautious approach to farm decision-making could lead to reduced fertiliser purchases and applications, particularly during the early part of the upcoming planting period.

• Delaying fertiliser purchases could result in further fertiliser price slides in Q1 2012.

In the attachment Rabobank Fertiliser Quarterly Q4 2011

Rabobank Fertiliser Quarterly Q4 2011

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