# There's one commodity that may benefit from Trump's trade war | The Peninsula Qatar

> Bloomberg reports that nitrogen fertilizer may benefit from the US-China trade war, as soybean prices have fallen since May and US farmers may shift acreage from soybeans to corn in 2019. US urea spot prices are up 49% over 12 months, and nitrogen prices could reach $300/t by year-end from about $270 now.

- Date: 2018-07-17 · published 2018-07-17T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/63976-there-s-one-commodity-that-may-benefit-from-trump-s-trade-war-the-peninsula
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

A shift from soybeans to corn would increase nitrogen demand and corn supply, pressuring corn prices while supporting fertilizer. The soybean price collapse from tariffs weighs on oilseed and meal values.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼
- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-07-31 | [Commodity flows at risk should Trump spark tit-for-tat trade war \| Reuters](https://feedsoft.ai/events/14736-commodity-flows-at-risk-should-trump-spark-tit-for-tat-trade-war-reuters.md) | +0.1% | -5.8% |
| SOY | 2025-04-26 | [Trump trade war sinking key commodity exports like pork and soybeans](https://feedsoft.ai/events/25130-trump-trade-war-sinking-key-commodity-exports-like-pork-and-soybeans.md) | -0.1% | +1.0% |
| SOY | 2019-01-21 | [When it comes to soy, China is getting more from the trade truce](https://feedsoft.ai/events/61131-when-it-comes-to-soy-china-is-getting-more-from-the-trade-truce.md) | +0.7% | -1.7% |
| SOY | 2018-08-01 | [The bean at the heart of America's trade war](https://feedsoft.ai/events/63573-the-bean-at-the-heart-of-america-s-trade-war.md) | -1.6% | -9.2% |
| SOY | 2018-08-22 | [China's COFCO Meat imports pork from Chile, Europe as U.S. trade war bites](https://feedsoft.ai/events/63547-china-s-cofco-meat-imports-pork-from-chile-europe-as-u-s-trade-war-bites.md) | -6.2% | -5.1% |
| SBM | 2025-04-26 | [Trump trade war sinking key commodity exports like pork and soybeans](https://feedsoft.ai/events/25130-trump-trade-war-sinking-key-commodity-exports-like-pork-and-soybeans.md) | -0.6% | +0.4% |
| SBM | 2018-08-01 | [The bean at the heart of America's trade war](https://feedsoft.ai/events/63573-the-bean-at-the-heart-of-america-s-trade-war.md) | -2.5% | -11.9% |
| SBM | 2019-03-14 | [Why U.S. growers are betting the farm on soybeans amid China trade war](https://feedsoft.ai/events/8266-why-u-s-growers-are-betting-the-farm-on-soybeans-amid-china-trade-war.md) | +3.8% | +3.3% |

## Sources

- thepeninsulaqatar.com: https://thepeninsulaqatar.com/article/17/07/2018/There-s-one-commodity-that-may-benefit-from-Trump-s-trade-war

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