
The National Corn Growers Association notes that Speaker Mike Johnson's election could help advance a farm bill reauthorization after the law expired in late September. The column also mentions a Commerce Department decision to cut duties on Moroccan phosphate fertilizer imports from 19.7% to 2.12%.
The lower phosphate duty could ease fertilizer costs for US farmers, a modest bearish factor for input prices, while farm bill prospects have little near-term effect on grain prices.
Setelah 50 peristiwa kebijakan bearish sebelumnya, DAP bergerak median +0,9% selama 5 sesi (62% lebih tinggi; separuh tengah -0,1% sampai +1,6%), dan +0,9% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.