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The global fertilizer industry anticipates a 4% increase in nitrogen supply for 2025, following a 3% rise in 2024. This growth is expected to stabilize or potentially lower nitrogen fertilizer prices, providing relief to farmers facing high input costs.
The International Fertilizer Association (IFA) reports that improved production capacities and the resolution of previous supply chain disruptions have contributed to this positive outlook. However, factors such as weather conditions and geopolitical issues could influence market dynamics.
Link: https://www.dtnpf.com/agriculture/web/ag/crops/article/2024/12/16/nitrogen-supply-expected-increase Other Articles
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