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Nutrien CEO Ken Seitz said Russia and Belarus are huge fertilizer producers facing export challenges that will materially affect global markets. He expects the export shortfall to weigh on supply.
Reduced potash and nitrogen exports from Russia and Belarus tighten global fertilizer supply, which can lift input costs for feed-grain producers over time.
bloomberg.comElizabeth ElkinDec 1, 2022Not enough comparable past events yet for a historical read.
After 205 past bullish geopolitics events, Urea moved a median +0.4% over 5 sessions (53% higher; middle half -2.1% to +3.0%), and -0.4% 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.
