# Nitrogen Fertilizers Prices Rise from Increased European Natural Gas Prices

> Nitrogen fertilizer prices rose in July 2022 as spillover from European natural gas price increases lifted costs. Ammonia prices were high, while UAN prices fell after a US International Trade Commission vote against levies on Russian and Trinidadian UAN imports.

- Date: 2022-08-15 · published 2022-08-15T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/12420-nitrogen-fertilizers-prices-rise-from-increased-european-natural-gas-prices
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Higher European gas prices raise the cost of nitrogen production, which feeds through to higher fertilizer costs for US grain producers and supports feed-grain production costs.

## Read by commodity

- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2023-07-26 | [The increase in the price of oil led to an increase in the prices of gas and nitrogen fertilizers](https://feedsoft.ai/events/7009-the-increase-in-the-price-of-oil-led-to-an-increase-in-the-prices-of-gas-and.md) | +28.9% | +17.2% |
| UREA | 2022-08-05 | [Nitrogen Fertilizer Prices Are Spiking as Natural Gas Soars - Bloomberg](https://feedsoft.ai/events/40356-nitrogen-fertilizer-prices-are-spiking-as-natural-gas-soars-bloomberg.md) | -4.5% | +13.6% |
| UREA | 2022-10-01 | [Most Wholesale Nitrogen Fertilizer Prices Rise in August on Wave of Production Curtailments at European Plants](https://feedsoft.ai/events/39888-most-wholesale-nitrogen-fertilizer-prices-rise-in-august-on-wave-of-production.md) | +2.0% | -12.6% |
| UREA | 2020-10-05 | [Natural Gas Price Benchmarks \| European Gas Hub](https://feedsoft.ai/events/50807-natural-gas-price-benchmarks-european-gas-hub.md) | -0.5% | +2.5% |
| UREA | 2022-01-31 | [Fertilizer Price Increases: Should Farmers be Worried?](https://feedsoft.ai/events/43465-fertilizer-price-increases-should-farmers-be-worried.md) | -5.9% | +6.1% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/Ag/news/crops/article/2022/08/15/nitrogen-fertilizers-prices-rise-gas

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