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Some southwest Ohio farmers reported phosphate fertiliser outages just as planting began, with retailers unable to get supplies from suppliers. The Ohio Corn and Wheat Growers Association cited flooding on the Mississippi affecting fertiliser barges and the spring rush.
Localized phosphate shortages tied to barge disruption can tighten near-term DAP and phosphate supply in the US Midwest, supporting regional prices.
brownfieldagnews.comApr 28, 2023After 31 past bullish logistics events, DAP moved a median +0.5% over 5 sessions (58% higher; middle half -0.4% to +0.9%), and +1.6% over 20.
Not enough comparable past events yet for a historical read.
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.
