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Fertilizers: Increases Across the Board

1:46 PM MST | January 10, 2011

Fertilizer market conditions are expected to improve in 2011, as stable crop prices make it less risky for farmers to invest in fertilizers, according to the International Fertilizer Industry Association (IFA; Paris). The IFA estimates world fertilizer demand in the 2010-2011 season will increase by 4.8%, to 170.4 million m.t. Demand for nitrogen, phosphate, and potash fertilizers is forecast to grow by 1.9%, 4.5% and 18%, respectively, in 2011. “The bulk of the increase in demand would come from Asia and, to a lesser extent, from the Americas,” IFA says...

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