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Brazil fertilizer consumption picking up as farmers replenish stocks and global prices drop 40% - Vimarsana News

Brazil fertilizer consumption picking up as farmers replenish stocks and global prices drop 40%

Consultants and banks estimate that fertilizer consumption in Brazil will increase this year, with projections suggesting a range of 2.5% to 10% growth in deliveries. This increase is driven by producers’ need to replenish the volumes used in their crops as input prices have fallen.

Fertilizers from Iran and expanding the wheat area, priorities of Brazil's agricultural year - Vimarsana News

Fertilizers from Iran and expanding the wheat area, priorities of Brazil's agricultural year

Brazilian fertilizer stocks amount to at least 13 million tons, including the inputs that have been already internalized and the ones that have been ordered. The statement comes from David Roquetti Filho, a former board member of ANDA, Brazil's National Association for Fertilizer Diffusion, and currently an independent business consultant.