# How will inputs affect 2023 crop rotations?

> Fertilizer prices dropped sharply from a year earlier, with Illinois urea down 25% and anhydrous ammonia down 13% in late January 2023. UAN prices, however, remained about 4% above year-ago levels after European plant shutdowns increased export demand. Retail phosphate and potash prices also eased after demand destruction following the 2022 price peak.

- Date: 2023-02-03 · published 2023-02-03T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/11835-how-will-inputs-affect-2023-crop-rotations
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Persistently high UAN prices could push some farmers toward soybeans rather than corn in spring, while lower urea and phosphate costs improve input affordability for the 2023 season.

## Read by commodity

- CORN: neutral
- UREA: bearish ▼

## Sources

- farmprogress.com: https://www.farmprogress.com/farm-business/how-will-inputs-effect-2023-crop-rotations-

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