
DTN's retail survey for the second week of February 2026 shows urea averaging $601/ton, up 5% from last month and back above $600 for the first time since October 2025. The other seven major fertilizers, including DAP at $851/ton, also edged higher.
Iran's temporary closure of the Strait of Hormuz for military drills was reported in the same period.
Higher US retail nitrogen and phosphate prices raise spring planting costs for corn and feed-grain producers. Strait of Hormuz tensions add risk to global urea and ammonia supply, supporting prices further.
After 362 past report events, Crude Oil (WTI) moved a median -0.3% over 5 sessions (48% higher; middle half -3.7% to +2.6%), and +1.1% over 20.
After 287 past report events, Crude Oil (Brent) moved a median +0.2% over 5 sessions (53% higher; middle half -3.3% to +2.8%), and +1.4% over 20.
After 76 past bullish report events, Urea moved a median 0.0% over 5 sessions (49% higher; middle half -2.2% to +2.9%), and -0.3% over 20.
After 66 past bullish report events, DAP moved a median 0.0% over 5 sessions (41% higher; middle half -0.6% to +0.7%), and +0.3% over 20.
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.