Hang on for now, potential fertilizer shortage. USDA to evaluate

Hurricane Milton went by a major US fertilizer producer in central FL (Mosaic). www.mosaicco.com

If minimal problems, then power and logistics problems to be fixed. US farmers may face fertilizer shortage and/or higher prices.

Keep an eye on this.

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Fertilizer demand peaks in the spring, so they have some time.

DB2

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Phosphates come mostly from the Tampa area of Florida. Nitrogen and potash (the rest of N-P-K) are readily available.

Phosphates are also found in the West especially in Idaho, but Florida is closer to much of the business.