Agriculture Market Update: Q2 2025 in Review

Fertilizer prices continued to rise in Q2, driven by supply shortages as well as fallout from US tariffs. According to data from the World Bank, the average quarterly phosphate price rose to US$673.20 per metric ton (MT) during the April to June period, up from US$600.50 in Q1 and US$536.70 recorded in the second quarter…

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