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The U.S. Treasury granted a reprieve through April 2022 on sanctions affecting potash fertilizer imports from Belarus. The move followed a November 4 request from U.S. farm groups citing fertilizer shortages.
Easing the sanctions restores some Belarus potash supply to U.S. buyers, which may ease price pressure on fertilizer and input costs for US livestock and feed producers.
michiganfarmnews.comDennis Rudat, Farm News MediaDec 3, 2021Not enough comparable past events yet for a historical read.
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.
