A series of black swan events have fertilizer prices on a record-high trajectory.
Corey Rosenbusch, CEO of The Fertilizer Institute, tells Brownfield the course was set about 18 to 20 months ago.
“As you think back to COVID, I think initially folks were concerned about what the impact would be on fertilizer and on demand. So as a result, some of that planning was considering a slightly weaker market.”
He says as production scaled back, extreme weather, plant shutdowns, and government sanctions sent ripples through the chemical fertilizer markets that are going to be felt for a while.
