Tariff Talks Cause Unrest in Fertilizer Markets

Lorrie Boyer
Reporter
“We look at urea, there's a tremendous amount of urea that flows from the US to Canada in the eastern half of the country, in the western half of the countries, Canada sends a lot of urea down to the Pacific Northwest California region. So there's a shared flow there. You flip over to anhydrous, there's a lot of anhydrous that comes from Canada down into the US. We're highly reliant on that. A lot of phosphate comes from the US to Canada. They're dependent on us there. And then potash is the biggest one. It's hard to understate just how important Canadian potash flows are to the US.”
Linville notes that tariff conflict talks are happening at a very bad time of the year for growers due to timing of pre plant application.
“It takes 30 days to get a vessel from the Middle East. It takes 30 days to get vessels for most anywhere around the world, to arrive at our shores, and then another three to four weeks just to get that product in place and available to the farmer. So unfortunately, the timing of this could not be worse. We're just we're out of options, and so we're already starting to see this with some of the conversations, with some of the new contract verbiage.”
StoneX’s, Josh Linville.