
Itafos CEO David Delaney says phosphate fertilizer costs will stay elevated because of limited new global capacity, declining Florida ore reserves, and China pulling back from exports. He noted US domestic phosphate operating rates have roughly halved since 1990 and that no new US production is expected within five years.
Tight phosphate supply and weak new capacity support higher DAP and TSP prices, raising costs for feed-grain and livestock producers' inputs over the medium term.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 151 past bullish policy events, DAP moved a median +0.0% over 5 sessions (50% higher; middle half -0.6% to +0.9%), and +1.9% 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.