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The Executive Order signed by President Trump Monday comes after years of farmer lobbying against phosphate duties, with Texas A&M estimating $6.9B in added costs since 2021 tied to sharply higher DAP fertilizer prices.
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Weather outlook puts grain futures under pressure a day ahead of key USDA data...
USDA updated acreage, quarterly grain stocks reports loom
Fertilizer price swings from the Iran conflict and wet Corn Belt weather have traders on edge ahead of Tuesday’s 11 a.m. CT release. Grain stocks also in focus, with corn inventories expected to be highest since 1988.
Wheat faced heavy selling overnight, giving up all of yesterday’s gain.