
A Washington Post report says fertilizer supply from Russia and Belarus, which account for nearly 25% of global fertilizer exports, has tightened a market already tight since the war began. It describes gains for some producers alongside pain for farmers.
Tight nitrogen and potash supply from the Russia-Ukraine conflict keeps input costs high for feed producers and farmers.
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.
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.