The US Department of Commerce finds that revoking the countervailing duty order on phosphate fertilizers from Morocco would likely lead to the continuation or recurrence of a countervailable subsidy. The order was first published in April 2021 and the first full sunset review was initiated in March 2026, with final results published November 3, 2026.
Keeping the duty on Moroccan phosphate fertilizer supports US domestic phosphate prices and limits cheaper import competition, which matters for feed-ingredient costs already under pressure from the global phosphate shortage.
Not enough comparable past events yet for a historical read.
After 193 past bullish trade events, DAP moved a median +0.4% over 5 sessions (54% higher; middle half -0.3% to +1.8%), and +1.9% 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.