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President Trump signed an executive order suspending countervailing duties on foreign phosphate producers, mainly Morocco, citing insufficient US phosphate production. The order invokes emergency authority to ensure farmers have phosphate supply during the planting season.
Farm groups welcomed the move.
Lifting duties on Moroccan phosphate increases import supply to the US, which should pressure domestic phosphate fertilizer prices lower.
americanfarmlandowner.comDavid GeigerJul 2, 2026After 50 past bearish policy events, DAP moved a median +0.9% over 5 sessions (62% higher; middle half -0.1% to +1.6%), and +0.9% over 20.
Not enough comparable past events yet for a historical read.
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.
