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The Mosaic Company says phosphate mining and production in Florida has resumed at most sites after hurricanes Helene and Milton. Central Florida produces 62% of US phosphate, and analysts say restored output helps prevent even higher prices.
Restored North American phosphate output eases a supply risk during fall application, though global prices stay high because of China's export slowdown and India's restocking.
brownfieldagnews.comLarry LeeOct 23, 2024After 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.
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.
