# Soaring fertilizer prices add to inflationary pressures and food security concerns

> The World Bank reports that most fertilizer prices rose sharply in 2021Q3 and kept climbing into November, reaching levels not seen since 2008-09. Surging European gas prices cut ammonia output, Chinese coal rationing hit fertilizer plants, and China suspended fertilizer exports until June 2022.

- Date: 2021-11-15 · published 2021-11-15T12:00:00.000Z
- Category: policy · region Global · magnitude high
- Page: https://feedsoft.ai/events/12681-soaring-fertilizer-prices-add-to-inflationary-pressures-and-food-security
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

China's export suspension removes a large share of global DAP and urea supply, which pushes fertilizer prices higher. Higher fertilizer costs raise farm input costs and feed price pressure over time.

## Read by commodity

- DAP: bullish ▲
- UREA: bullish ▲
- POTASH: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2021-12-27 | [Soaring fertilizer prices add to inflationary pressures and food security concerns :: Content :: Tập đoàn Hoá chất Việt Nam (Vinachem)](https://feedsoft.ai/events/43514-soaring-fertilizer-prices-add-to-inflationary-pressures-and-food-security.md) | -0.9% | -19.1% |
| UREA | 2023-09-26 | [Fertilizer prices surge after China imposes export ban - VnExpress International](https://feedsoft.ai/events/34021-fertilizer-prices-surge-after-china-imposes-export-ban-vnexpress-international.md) | -3.2% | -6.5% |
| UREA | 2021-10-12 | [Fertilizer Prices Soar Near 2008 Highs on Supply Shocks, Concerns Sprout Over Sourcing Enough for 2022 U.S. Corn Acres - AgWeb](https://feedsoft.ai/events/44478-fertilizer-prices-soar-near-2008-highs-on-supply-shocks-concerns-sprout-over.md) | +0.2% | +10.2% |
| UREA | 2023-12-22 | [Fertilizer Outlook: Global dynamics to influence 2024 fertilizer prices](https://feedsoft.ai/events/32630-fertilizer-outlook-global-dynamics-to-influence-2024-fertilizer-prices.md) | +1.7% | +2.7% |
| UREA | 2023-04-14 | [WTO Members Should Avoid Export Restrictions on Fertilizers to Deliver on Food Security \| International Institute for Sustainable Development](https://feedsoft.ai/events/36328-wto-members-should-avoid-export-restrictions-on-fertilizers-to-deliver-on-food.md) | -0.8% | +3.5% |
| DAP | 2021-12-27 | [Soaring fertilizer prices add to inflationary pressures and food security concerns :: Content :: Tập đoàn Hoá chất Việt Nam (Vinachem)](https://feedsoft.ai/events/43514-soaring-fertilizer-prices-add-to-inflationary-pressures-and-food-security.md) | -2.5% | -4.1% |
| DAP | 2020-01-19 | [Meeting to be held to review the fertilizer prices and availability – PCPA](https://feedsoft.ai/events/55384-meeting-to-be-held-to-review-the-fertilizer-prices-and-availability-pcpa.md) | +0.7% | +9.3% |
| DAP | 2021-10-12 | [Fertilizer Prices Soar Near 2008 Highs on Supply Shocks, Concerns Sprout Over Sourcing Enough for 2022 U.S. Corn Acres - AgWeb](https://feedsoft.ai/events/44478-fertilizer-prices-soar-near-2008-highs-on-supply-shocks-concerns-sprout-over.md) | +0.4% | +6.6% |

## Sources

- blogs.worldbank.org: https://blogs.worldbank.org/en/opendata/soaring-fertilizer-prices-add-inflationary-pressures-and-food-security-concerns

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