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Rabobank Fertiliser Quarterly Q4 2011


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

ends

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