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US Congressman Randy Feenstra called for cutting or waiving tariffs on Moroccan fertilizer imports to lower costs for American farmers. He cited fertilizer quotes several times higher than in prior seasons.
Several lawmakers, think tanks and farm groups have made similar calls to the administration.
A tariff cut would increase US supply of Moroccan phosphate fertilizer and could ease domestic prices, though it is only a lobbying push with no enacted change.
moroccoworldnews.comJasper HamannSep 10, 2022After 50 past bearish policy events, DAP moved a median +0.9% over 5 sessions (62% higher; middle half -0.1% to +1.6%), and +0.9% 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.
