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A bill introduced in Congress would create emergency waivers for countervailing and anti-dumping duties on fertilizers, sponsored by Senator Roger Marshall and Representative Tracey Mann. It follows ITC duties on phosphate imports and a pending petition on urea ammonium nitrate.
If passed, waivers could ease fertilizer supply constraints and lower input costs, while the current tariffs keep phosphate and nitrogen prices elevated.
texasfarmbureau.orgJulie TomascikMar 15, 2022After 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.
