Lower use of fertilizers could adversely affect wheat output: official - Markets

After 182 past bullish policy events, Wheat (SRW) moved a median +0.1% over 5 sessions (52% higher; middle half -1.9% to +1.4%), and -0.3% over 20.

• Feb 1, 2021Wheat down 3-4 cents, corn up 1-3 cents, soy down 4-5 cents - Markets - Business Recorder-10.0%
• Feb 4, 2021News Archives for Markets - 2021-02-04 - Business Recorder-0.2%
• Jan 19, 2021Wheat holds near 6-1/2 year peak as focus stays on Russian export tax - Markets - Business Recorder+3.5%
• Dec 4, 2025Fertilizer markets soften but remain constrained by trade policies-1.6%
• Feb 10, 2022Palm rises as Indonesia expands export permit requirements - Markets - Business Recorder+0.3%

After 50 past bearish policy events, DAP moved a median +0.9% over 5 sessions (62% higher; middle half -0.1% to +1.6%), and +0.9% over 20.

• Oct 11, 2019IFFCO reduces retail prices of non-urea fertilisers by up to Rs 50/bag | Market - Other Commodities - Business Standard+0.1%
• Apr 30, 2026New bill in the U.S. Senate aims to lower price of phosphate fertilizers | Farm Office+4.8%
• Feb 6, 2023State chokes DAP fertiliser use to control soil acidity - Business Daily-2.6%
• Jul 2, 2026Moroccan Imports Return as Fertilizer Markets Stay Tight+1.3%
• Sep 5, 2019Advance tax withdrawn from all chemical fertiliser import | The Business Standard+1.1%

After 34 past bearish policy events, Urea moved a median -0.8% over 5 sessions (38% higher; middle half -3.3% to +1.8%), and -4.5% over 20.

• Nov 26, 2025Trump has cut tariffs on fertilizer, but lower prices could remain elusive | Agri-Pulse Communications, Inc.-7.1%
• Jun 28, 2021State planner investigates fertilizer market, following record urea prices+2.9%
• Feb 12, 2026Market data analysis & forecasts - Fertilizer market+0.2%
• Jun 19, 2020Government decides to reduce VCM on urea - Business Recorder+0.6%
• Apr 11, 2023Fertiliser prices rise by Tk5 per kg as govt reduces subsidy | The Business Standard+4.6%