# Fertilizer Prices Stay Elevated Despite Improving Global Supply

> StoneX's Josh Linville says urea prices in New Orleans rose from $350 to $430 per ton in under six weeks despite improving global supply. He attributes the move to geopolitical risk premiums tied to Iran and Russia rather than confirmed supply losses. Manufacturers and distributors are still holding pricing power.

- Date: 2026-01-26 · published 2026-01-26T12:00:00.000Z
- Category: geopolitics · region US · magnitude medium
- Page: https://feedsoft.ai/events/20976-fertilizer-prices-stay-elevated-despite-improving-global-supply
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Elevated urea prices lift nitrogen input costs for US corn growers, which can weigh on corn margins and feed production costs.

## Read by commodity

- CORN: bearish ▼
- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2026-02-13 | [Fertilizer prices rise on supply chain issues](https://feedsoft.ai/events/20532-fertilizer-prices-rise-on-supply-chain-issues.md) | +0.1% | +31.0% |
| UREA | 2026-10-13 | [Fertilizer Prices Stay Volatile as Strait of Hormuz, Russia Disrupt Supply \| Iowa PBS](https://feedsoft.ai/events/17038-fertilizer-prices-stay-volatile-as-strait-of-hormuz-russia-disrupt-supply-iowa.md) | +1.0% | — |
| UREA | 2026-09-01 | [Why higher fertilizer prices are here to stay](https://feedsoft.ai/events/17863-why-higher-fertilizer-prices-are-here-to-stay.md) | +1.7% | +3.9% |
| UREA | 2026-08-04 | [5 warning signs that fertilizer prices will stay high](https://feedsoft.ai/events/17865-5-warning-signs-that-fertilizer-prices-will-stay-high.md) | -3.9% | +5.8% |
| UREA | 2026-04-07 | [SunSirs: Global Fertilizer Prices Soar, While China Maintains Ample Supply and Remains a Price Haven - ChemNet](https://feedsoft.ai/events/9778-sunsirs-global-fertilizer-prices-soar-while-china-maintains-ample-supply-and.md) | 0.0% | -10.4% |
| CORN | 2026-01-26 | [No fertilizer price relief expected for this year \| The Western Producer](https://feedsoft.ai/events/20978-no-fertilizer-price-relief-expected-for-this-year-the-western-producer.md) | -0.3% | -0.5% |
| CORN | 2026-03-23 | [Developing Situation: Futures Spike, Retail Catch-Up, and Farmer Fallout from Middle East Fertilizer Supply Squeeze](https://feedsoft.ai/events/4628-developing-situation-futures-spike-retail-catch-up-and-farmer-fallout-from.md) | -0.3% | -1.8% |
| CORN | 2022-02-27 | [Ukraine crisis: Agri commodities prices plunge in global markets as supply fears recede - The HinduBusinessLine](https://feedsoft.ai/events/8528-ukraine-crisis-agri-commodities-prices-plunge-in-global-markets-as-supply-fears.md) | +10.4% | +14.4% |

## Sources

- stonex.com: https://www.stonex.com/en-us/insights/fertilizer-prices-stay-elevated-despite-improving-global-supply/

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