
The Spanish farm organisation ASAJA has asked the Ministry of Agriculture, Fisheries and Food for urgent measures against continued rises in agricultural diesel and fertiliser prices. It says cereal producers face higher input costs while their crop prices are falling.
Higher diesel and fertiliser costs squeeze grain producers' margins and may reduce planting or input use, while falling cereal prices limit the offset. The request itself is not yet a policy change.
After 90 past bullish policy events, ULSD / Diesel moved a median +1.4% over 5 sessions (66% higher; middle half -1.9% to +4.1%), and +0.1% over 20.
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 122 past bearish policy events, Wheat (SRW) moved a median -0.3% over 5 sessions (44% higher; middle half -1.9% to +1.2%), and +0.4% 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.