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TFI president Corey Rosenbusch testified at a House Agriculture Committee hearing on February 28 that fertilizer is a globally traded commodity exposed to geopolitical events. He asked Congress for regulatory certainty to help secure farmers' supply.
Policy debate over fertilizer supply has limited immediate price impact, though it signals continued concern about exposure to geopolitical shocks.
tfi.orgMar 1, 2023After 199 past policy events, Urea moved a median -0.5% over 5 sessions (43% higher; middle half -2.0% to +1.9%), and -0.5% over 20.
Not enough comparable past events yet for a historical read.
After 250 past policy events, DAP moved a median +0.1% over 5 sessions (53% higher; middle half -0.6% to +1.3%), and +1.5% 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.
