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At a House Agriculture Committee hearing, witnesses said input costs, especially fertilizer at record levels, should shape the 2023 farm bill. Groups also raised concerns over trade tariffs on fertilizer imports.
Record fertilizer costs raise production costs for grain and oilseed growers, which can reduce acreage flexibility and support feed-grain price levels over time.
dtnpf.comTodd NeeleyMar 1, 2022After 318 past bullish policy events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% over 20.
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.
After 151 past bullish policy events, DAP moved a median +0.0% over 5 sessions (50% higher; middle half -0.6% to +0.9%), and +1.9% 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.
