Grassley still seeking fertilizer answers from ITC

After 40 past bearish trade events, DAP moved a median -0.1% over 5 sessions (38% higher; middle half -3.7% to +0.5%), and -2.4% over 20.

• Oct 8, 2025India’s DAP stocks see a rise heading into October | World Fertilizer+0.4%
• Nov 8, 2023US reduces tariffs on phosphate fertilizers from Morocco | Agriculture Dive+0.9%
• Nov 3, 2019September China's fertilizer import and export details - Frandcom Chemicals-3.5%
• Oct 27, 2023US lawmakers call for lower duties on imports of phosphate fertilizer from Morocco - Fertilizer Daily+0.9%
• Jul 25, 2025India’s DAP stocks build in July | World Fertilizer-0.3%

After 81 past bearish trade events, Urea moved a median -1.0% over 5 sessions (28% higher; middle half -7.2% to +0.4%), and -5.5% over 20.

• May 26, 2022Bangladesh purchases LNG, fertiliser at lower rates as prices fall in global market | The Business Standard-17.1%
• Aug 18, 2022Iowa farmers, ag leaders urge Tom Vilsack, Katherine Tai to lower tariffs to ease fertilizer costs-0.7%
• Sep 4, 2025Urea Soft - India Called, and the World Answered | AFRIQOM Africa Fertilizer Insight-0.6%
• Mar 30, 2025Tidbits, Fertilizers, Chinese Ships, Grain Inventory Estimates 3/30/25+5.2%
• Aug 5, 2021Fertilizer prices stabilise after boom+1.4%