
DTN's retailer survey put average retail anhydrous ammonia at $1,003 a ton in the first week of November, up 17% from a year earlier. All eight fertilizers DTN tracks cost more than a year ago, with urea up 11% and MAP up 7%.
StoneX analyst Josh Linville said Strait of Hormuz disruptions remain the main price driver and flagged phosphate as the biggest concern for 2027.
Higher nitrogen and phosphate costs raise the cost of growing feed grains and oilseeds for 2027, which can support crop prices over time. Analysts expect no quick relief, since new US plants are 12 to 18 months away.
Not enough comparable past events yet for a historical read.
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.