
IBON Foundation criticized the Philippine government's farm aid, saying the PAFF payout of ₱2,325 reached only about 40% of registered farmers and fisherfolk. The group said urea prices have risen 33% and DAP 21% since late February, amid higher oil prices and Super El Niño impacts.
Rising urea and DAP prices in the Philippines raise input costs for local rice and crop producers and point to firm demand for these fertilizers. The effect on global fertilizer prices is limited because the story is national in scope.
After 129 past bullish policy events, Urea moved a median -0.1% over 5 sessions (47% higher; middle half -1.3% to +2.3%), and +1.4% over 20.
After 151 past bullish policy events, DAP moved a median +0.0% over 5 sessions (50% higher; middle half -0.6% to +0.9%), 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.