USDA to fund 8 fertilizer manufacturing projects totaling more than $1.3B
Government funding for fertilizer plants should add domestic fertilizer manufacturing capacity over time.
Source →The trace
How it reaches your house.
Starting from Fertilizers and crop inputs, we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Ammonia and nitrogen fertilizers →Prices riseNatural Gas (Haber-Bosch Feedstock and Fuel)
USDA-backed expansion of ammonia and nitrogen fertilizer capacity should raise throughput and therefore demand for natural gas, a critical Haber-Bosch feedstock and fuel.
71% confidencePotash and phosphate fertilizers →Prices risePhosphate Rock (Sedimentary Apatite)
More domestic fertilizer manufacturing capacity should lift demand for phosphate rock, a near-irreducible feedstock in phosphate fertilizer production, putting upward pressure on its price.
68% confidencePotash and phosphate fertilizers →Prices riseHop 2
Sulfuric Acid (Wet Process Phosphoric Acid) →Stands to benefitExpanded wet-process phosphoric acid capacity should raise sulfuric acid purchases, and Canada has the largest supply share.
76% confidencePotash Ore — Muriate of Potash (MOP / KCl) →Stands to benefitNutrien Ltd.NTR
More fertilizer manufacturing capacity should increase MOP demand, and Nutrien's 20% market share makes it a primary beneficiary.
74% confidenceNatural Gas (Haber-Bosch Feedstock and Fuel) →Stands to benefitHop 3
Belaruskali (BPC) →Prices risePotash Ore — Muriate of Potash (MOP / KCl)
More domestic fertilizer manufacturing capacity should raise demand for potash inputs, which supports prices for Belaruskali’s core MOP/KCl product, with the effect tempered by only moderate substitutability and non-sole supplier status.
66% confidenceEuroChem Group →Prices riseNatural Gas (Haber-Bosch Feedstock and Fuel)
More domestic fertilizer plants should increase demand for Haber-Bosch natural gas feedstock and fuel, tightening EuroChem's key input and raising its cost.
63% confidenceThe Mosaic Company →Prices riseHop 4
Potash (Muriate of Potash, MOP — KCl) →Stands to benefitNutrien Ltd.NTR
More domestic fertilizer manufacturing should lift potash demand, and Nutrien has the largest listed supply share here at 20%, so it is well placed to benefit.
63% confidencePotash (Muriate of Potash, MOP — KCl) →Stands to benefitAdditional fertilizer plant capacity should increase potash offtake, which supports Mosaic as a major potash supplier with a 13% share.
61% confidence
Where it lands
What you buy, and what you own.
Goods you buy
Fertilizers and crop inputs
In the MyPRIA app, this is checked against your own holdings.