@grainmarketsandotherstuf: Tight supplies and tariff concerns have fueled a surge in fertilizer prices. Relative to grain and oilseed futures, fertilizer prices have risen to their highest level since 2016. The majority of US potash imports originate from Canada and are exempt from tariffs under the USMCA agreement. However, tariffs on shipments from countries such as Qatar and Saudi Arabia have tacked on significant costs. Republican Senator Chuck Grassley has argued that cutting fertilizer import tariffs would provide the quickest relief for farmers already squeezed by poor markets and rising input costs. This week, the Trump administration proposed adding potash to a list of critical minerals to encourage domestic production. Be sure to subscribe to Standard Grain’s premium content. We provide insight on the markets, geopolitical issues, weather, and much more! Click the YouTube icon in our profile to tune in to our daily news podcasts on YouTube! Or check out our premium subscription at www.standardgrain.com #agriculture #agriculturenews #agtok #farming #grainmarkets Futures and options trading involves risk of loss and is not suitable for everyone.

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Friday 29 August 2025 10:57:33 GMT