# Fertilizer costs squeeze 2022 profits

> Fertilizer prices continued rising globally in June 2021. The cost of nitrogen, phosphate and potash for an acre of corn is up $50 from last fall. Ammonia contracts internationally topped $600/ton including freight.

- Date: 2021-06-22 · published 2021-06-22T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/11016-fertilizer-costs-squeeze-2022-profits
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Higher nutrient costs erode corn margins, adding 25 to 30 cents a bushel to production costs and threatening profitability for 2022. This may reduce corn planting incentives relative to soybeans.

## Read by commodity

- DAP: bullish ▲
- CORN: bearish ▼
- UREA: bullish ▲

## Sources

- farmprogress.com: https://www.farmprogress.com/crop-protection/fertilizer-costs-squeeze-2022-profits

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.