GLOBAL FERTILIZER DEMAND EXPECTED WITH MORE ACRES PLANTED IN THE USA...
A strong rebound in global fertilizer demand in 2020 is expected with more acres planted in the United States, according to a fertilizer analyst. Despite this positive outlook, there are some risks from across the world that threaten to alter this forecast. Rajiv Ram, senior analyst of agriculture and fertilizer demand for CRU Int. Ltd., said during the global fertilizer demand outlook at the 2019 Fertilizer Outlook and Technology Conference held in mid-November in Savannah, Georgia, that 2019 had several challenges to demand from uncooperative weather to trade disputes. However, the demand prospects for 2020 look to improve. Steady Demand Growth... Global fertilizer demand has seen good growth since 2000, excluding the impact of the global financial crisis of 2008 and 2009. The world fertilizer demand in 2000 was at about 140 million metric tons (mmt), and by 2018, this number was at just under 200 mmt. Ram said the global fertilizer demand number will be right around 200 m...