Uploaded August 2026 | Updated September 2026, 2 weeks ago
Fertilizer supply looks looser than it is. The first Moroccan phosphate cargo since the duty suspension is a product most U.S. buyers cannot use.
Josh Linville, StoneX VP of Fertilizer, explains what actually arrived in New Orleans, why India filled its urea tender so easily, and where the displaced tonnes go next.
India secured 1.7 million tonnes of urea with little pushback, helped by roughly a million tonnes of Chinese prilled supply that granular blending markets cannot readily use. Displaced granular tonnes now need homes, and Brazil, whose main import period runs September through December, sets the next move. Climbing new crop corn prices are the domestic factor that could pull U.S. farmers off the sidelines.
Discover Actionable Fertilizer Insights with StoneX Market Intelligence: shop.stonex.com/collections/fertilizers?utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_josh_linville&utm_content=share
00:00 - Wrong Phosphate Hits the Dock
01:20 - Triple Super Phosphate Problem
03:04 - Five Vessels, No Price Move
04:23 - India Sweeps Up 1.7M Tonnes
05:37 - Prill Cannot Blend in the U.S.
06:50 - Brazil Inherits the Standoff
08:01 - Corn Rally Is the Real Trigger
Like and subscribe for more financial market insights.
#Fertilizer #Urea #StoneX #JoshLinville
Fertilizer supply looks looser than it is. The first Moroccan phosphate cargo since the duty suspension is a product most U.S. buyers cannot use.
Josh Linville, StoneX VP of Fertilizer, explains what actually arrived in New Orleans, why India filled its urea tender so easily, and where the displaced tonnes go next.
India secured 1.7 million tonnes of urea with little pushback, helped by roughly a million tonnes of Chinese prilled supply that granular blending markets cannot readily use. Displaced granular tonnes now need homes, and Brazil, whose main import period runs September through December, sets the next move. Climbing new crop corn prices are the domestic factor that could pull U.S. farmers off the sidelines.
Discover Actionable Fertilizer Insights with StoneX Market Intelligence: shop.stonex.com/collections/fertilizers?utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_josh_linville&utm_content=share
00:00 - Wrong Phosphate Hits the Dock
01:20 - Triple Super Phosphate Problem
03:04 - Five Vessels, No Price Move
04:23 - India Sweeps Up 1.7M Tonnes
05:37 - Prill Cannot Blend in the U.S.
06:50 - Brazil Inherits the Standoff
08:01 - Corn Rally Is the Real Trigger
Like and subscribe for more financial market insights.
#Fertilizer #Urea #StoneX #JoshLinville
