It has been hypothesized that photosynthesis can be feedback limited when the phosphate concentration cannot be both low enough to allow starch and sucrose synthesis at the required rate and high enough for ATP synthesis at the required rate. We have measured the concentration of phosphate in the stroma and cytosol of leaves held under feedback conditions. We used nonaqueous fractionation techniques with freeze-clamped leaves of Phaseolus vulgaris plants grown on reduced phosphate nutrition.Feedback was induced by holding leaves in low 02 or high CO2 partial pressure. We found 7 millimolar phosphate in the stroma of leaves in normal oxygen but just 2.7 millimolar phosphate in leaves held in low oxygen. Because 1 to 2 millimolar phosphate in the stroma may be metabolically inactive, we estimate that in low oxygen, the metabolically active pool of phosphate is between negligible and 1.7 millimolar. We conclude that halfway between these extremes, 0.85 millimolar is a good estimate of the phosphate concentration in the stroma of feedback-limited leaves and that the true concentration could be even lower. The stromal phosphate concentration was also low when leaves were held in high C02, which also induces feedback-limited photosynthesis, indicating that the effect is related to feedback limitation, not to low oxygen per se. We conclude that the concentration of phosphate in the stroma is usually in excess and that it is sequestered to regulate photosynthesis, especially starch synthesis. The capacity for this regulation is limited by the coupling factor requirement for phosphate.During photosynthesis, phosphate is required by the coupling factor for the production of ATP from ADP. At the same time, phosphate inhibits starch (15) and so the phosphate level need not fall to such low levels to limit photosynthesis.The concentration of phosphate in the stroma has been measured in the past (3, 21, 36), but it has never been measured in feedback-limited leaves, that is leaves which exhibit 02-insensitive photosynthesis. We decided to measure the concentration of phosphate in the stroma and cytosol of leaves exhibiting feedback-limited photosynthesis. This condition can be induced by feeding the phosphate sequestering agent mannose (9) and can also occur under natural conditions ( 13,20).The measurement of stromal phosphate concentration is difficult because plants grown on luxuriant levels of phosphate, as is common practice in research, usually have a large amount of metabolically inactive phosphate in the vacuole (4, 39). This problem can be overcome by growing plants with more realistic phosphate nutrition. When the phosphate supply is restricted, the phosphate concentration in the vacuole can be substantially reduced with little or no effect on photosynthesis (5, 22