# Fertilizer market 02. January 2026 market report

> ZMP's early-January fertilizer report says nitrogen prices in Germany, the EU and the US are firming, with ammonia costs and active global urea tenders supporting the trend. UAN and ammonium nitrate are described as stable with slight upward pressure in Europe. The outlook is sideways to moderately firmer, with possible CBAM-related support in the EU.

- Date: 2026-01-03 · published 2026-01-03T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/20975-fertilizer-market-02-january-2026-market-report
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher nitrogen fertilizer costs raise grain and feed production costs and can support corn and wheat prices over time as farmers weigh input costs against returns.

## Read by commodity

- CORN: neutral
- UREA: bullish ▲

## Sources

- zmp.de: https://www.zmp.de/en/futures/grains/news/market-report-fertilizer-market-02-january-2026-2026-01-03

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