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The European Economic and Social Committee adopted an opinion on the EU fertiliser strategy, calling the fertiliser crisis critical and urging emergency support such as state aid for nitrogen producers and farmers. The opinion argues that availability and affordability must be secured.
EU policy support could ease domestic fertilizer costs for European livestock and crop producers, but it does not change global supply tightness.
eesc.europa.euMar 29, 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.
