THERE is a deteriorating trend in the price of fertilizers that is expected to continue in the coming quarter, according to a new report from Rabobank's Food & Agribusiness Research & Advisory group.The group looked at supply, demand and pricing for urea, phosphate and potash in key international markets, which revealed a bearish outlook through the second quarter of 2014.U.S. prices in the first quarter were elevated due to supply chain bottlenecks and a compressed application window, but the report suggests that in the second quarter, the U.S. will be under downward price pressure from fading demand.
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