Jun 07, 2017
Fertilizer Deliveries in Brazil Decline during First Trimester of 2017
Author: Michael Cordonnier/Soybean & Corn Advisor, Inc.
The Brazilian National Association of Fertilizer Distributors (Anda) indicated that 1.38 million tons of fertilizers were delivered during the month of April. This represents a decline of 21.8% from March of this year and down 16% form April of last year.
The accumulative total of fertilizer deliveries from January through April was 7.8 million tons or 0.6% less than the prior year. The volume is expected to increase in the coming months as farmers gear up for the 2017/18 growing season.
Historically, the sale and delivery of fertilizers in Brazil begins increasing in May and peaks in September/October. According to Scott Consultoria, domestic nitrogen fertilizer prices in Brazil increased 2% in May with a 0.1% and 0.3% increase for potassium and phosphorus respectively.