A Brownfield Ag News interview dated March 4, 2025 describes uneven Mississippi River levels, with recovery near Memphis but a very dry Missouri and Upper Mississippi Valley. Snowfall deficits of 10 to 20 inches were cited in the north, and fertilizer shipments are expected to rise northbound in March and April.
Low upper-river levels constrain barge movements of grain and fertilizer during planting season, which can raise freight costs and affect fertilizer prices in the Midwest.
Not enough comparable past events yet for a historical read.
After 30 past bullish weather events, UREA moved a median +1.4% over 5 sessions (67% higher; middle half -0.3% to +1.6%), and +9.1% over 20.
After 13 past weather events, DAP moved a median 0.0% over 5 sessions (46% higher; middle half -0.2% to +0.9%), and +0.7% over 20.
After 357 past bearish weather events, CORN moved a median -0.3% over 5 sessions (44% higher; middle half -2.2% to +1.3%), and -0.5% 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.