
The US Customs and Border Protection extended the Jones Act waiver for fertilizer coastwise shipments by 90 days, with the new period starting November 16, 2026 and loading deadline of February 14, 2027. The notice covers products on an attached list, and loading must occur before the deadline.
Extending the waiver eases domestic US fertilizer logistics by allowing foreign-flag vessels for covered products, which could ease freight bottlenecks and fertilizer costs for US farmers, a modest factor for feed input prices.
After 26 past neutral policy events, Urea moved a median -1.0% over 5 sessions (27% higher; middle half -4.1% to +0.6%), and -2.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.