Profercy World Nitrogen Index gains with urea fob values advancing following events in Ukraine

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.

• Jul 29, 2022Gas supply issues in Europe cause havoc with Nitrogen prices.+17.6%
• Sep 28, 2022How the war in Ukraine is affecting the world's supply of fertilizer : NPR-5.3%
• Apr 6, 2022A fertilizer shortage, worsened by war in Ukraine, is driving up global food prices and scarcity-3.9%
• Jun 16, 2022Russia’s invasion of Ukraine puts additional strain on global food production chain-0.9%
• Apr 29, 2026As nitrogen-based fertilizer prices soar, global food inflation looms - The HinduBusinessLine-9.4%

After 323 past bullish geopolitics events, Corn moved a median +0.5% over 5 sessions (57% higher; middle half -1.5% to +2.9%), and +0.9% over 20.

• Jul 29, 2022Gas supply issues in Europe cause havoc with Nitrogen prices.+2.4%
• Jul 15, 2023Why allowing Ukraine to ship grain during Russia's war matters to the world | AP News-8.6%
• Apr 4, 2022Grains gain as peace hopes fade in Ukraine – The Seam+5.4%
• Mar 16, 2022World Bank says Ukraine war may prompt grain shortages in poor countries+0.1%
• Mar 21, 2022Ukraine could lose $6 bln in grain exports with ports blocked | Reuters+1.5%