Loading…
USTR Katherine Tai addressed high fertilizer prices tied partly to tariffs on Moroccan phosphate imports at an Iowa roundtable. She also discussed Mexico's proposed GMO corn ban, which Agriculture Secretary Vilsack says could raise Mexican food prices.
Possible review of phosphate tariffs could ease fertilizer costs for US growers, while the unresolved Mexico GMO ban poses risk to US corn exports.
brownfieldagnews.comMark DorenkampAug 18, 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.
After 310 past bearish policy events, Corn moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.6% 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.
