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The Conversation article, republished by PotatoPro, warns that phosphorus supply is increasingly disrupted. About 85% of the world's remaining high-grade phosphate rock sits in five countries, with 70% in Morocco alone.
It notes that phosphate fertiliser prices rose about 800% in 2008.
Heavy concentration of phosphate reserves in a few countries creates a risk of sudden price spikes for DAP and rock, which raises the cost of crop nutrition and ultimately feed grains.
potatopro.comShamil RamazanovJan 19, 2023After 114 past bullish geopolitics events, DAP moved a median +0.0% over 5 sessions (50% higher; middle half -0.3% to +1.2%), and +0.3% 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.
