A House of Lords Library briefing says UK-produced ammonium nitrate fertiliser prices rose 152% and potash rose 165% year on year as of May 2022. Concentrate animal feed prices rose 15.6% over 12 months to March, and the briefing attributes the increases largely to the war in Ukraine.
Persistent high fertilizer and feed costs in the UK tighten margins for livestock producers and keep feed ingredient prices firm.
After 129 past bullish policy events, Urea moved a median -0.1% over 5 sessions (47% higher; middle half -1.3% to +2.3%), and +1.4% 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.