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An opinion piece argues that phosphorus supply is increasingly disrupted because about 85% of the world's remaining high-grade phosphate rock sits in five countries, with 70% in Morocco alone. It notes that phosphate fertilizer prices rose about 800% in 2008 and that phosphorus use is inefficient.
Concentrated phosphate rock supply creates a risk of sudden price spikes in phosphate fertilizers, which would raise feed-grain production costs over time if disruptions occur.
theconversation.comJulia Martin-Ortega, Brent Jacobs, Dana CordellDec 16, 2022Not enough comparable past events yet for a historical read.
After 126 past geopolitics events, DAP moved a median 0.0% over 5 sessions (48% higher; middle half -0.7% to +1.2%), and +0.2% 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.
