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The US government is considering tariffs on imports of UAN nitrogen fertilizer, which is widely used on corn. Gro Intelligence says a trade action could constrain UAN supply and raise farm prices for years.
Higher nitrogen fertilizer costs would squeeze corn grower margins and could cut planted acreage, while tightening nitrogen supply lifts urea prices.
gro-intelligence.comAug 23, 2021After 176 past bullish trade events, Urea moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +2.4%), and +1.6% 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.
Possible US tariffs on UAN imports (reported 2021-08-23) point to tighter nitrogen supply and higher prices, which could support urea sentiment in the days before the 1.81% rise.
