# Trade decision will raise fertilizer costs - High Plains Journal

> The US International Trade Commission's March 11 ruling imposed countervailing duties on phosphate fertiliser imports from Morocco and Russia, sought by Mosaic. A former Farm Bureau economist estimates the duties will raise US farmer fertiliser costs by about $1.5 billion.

- Date: 2021-04-11 · published 2021-04-11T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/47920-trade-decision-will-raise-fertilizer-costs-high-plains-journal
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [TSP](https://feedsoft.ai/c/TSP.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Duties of at least five years on major phosphate exporters tighten US supply and lift domestic phosphate prices, raising feed-grain production costs for US producers.

## Read by commodity

- DAP: bullish ▲
- TSP: bullish ▲
- PHOSROCK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2020-10-01 | [U.S. fertilizer prices surge to decade high](https://feedsoft.ai/events/50574-u-s-fertilizer-prices-surge-to-decade-high.md) | +0.7% | +0.7% |
| DAP | 2021-03-11 | [Phosphate fertilizers \| United States International Trade Commission](https://feedsoft.ai/events/48048-phosphate-fertilizers-united-states-international-trade-commission.md) | -0.6% | +1.1% |
| DAP | 2026-06-23 | [Phosphate fertilizer trade flows change again](https://feedsoft.ai/events/19131-phosphate-fertilizer-trade-flows-change-again.md) | -4.2% | -0.6% |
| DAP | 2021-02-13 | [High fertilizer prices likely to climb more - Grainews](https://feedsoft.ai/events/12875-high-fertilizer-prices-likely-to-climb-more-grainews.md) | +0.4% | +0.4% |
| DAP | 2020-11-24 | [Fertilizer, fuel costs low, but for how long?](https://feedsoft.ai/events/4394-fertilizer-fuel-costs-low-but-for-how-long.md) | +7.1% | +8.1% |

## Sources

- hpj.com: https://hpj.com/2021/04/11/trade-decision-will-raise-fertilizer-costs/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.