Platts, part of S&P Global Energy, proposes to discontinue its FOB Morocco bulk NOLA netback assessments for DAP and MAP effective October 1, 2026. The change stems from shifts in fertilizer trade flows, and feedback was requested by June 23, 2026.
DAP and MAP FOB Morocco bulk assessments are unaffected.
This is a price-reporting administrative change with no direct supply change, so it has little effect on feed-relevant prices. Buyers referencing the NOLA netback series will need an alternative benchmark.
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.