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CropLife reports that DAP now sells for roughly $650–850/t, up from $500/t in January 2025 and above $800/t mid-2025. StoneX's Josh Linville says the fertilizer market has seen lower output prices and higher input prices over recent seasons.
Elevated DAP prices versus historically low crop prices keep fertilizer costs a heavy burden on growers, supporting input-price pressure across the grain and oilseed complex.
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.