USDA data for October retail fertilizer showed anhydrous ammonia at $987 a ton, up 5% month on month and 18% year on year. Urea averaged $674 and potash $503, while DAP and MAP were up 2% and 5% year on year.
Persistently high US nitrogen and phosphate retail prices raise farm input costs and may affect 2027 corn acreage decisions, which affects corn and feed grain supply.
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.
Not enough comparable past events yet for a historical read.
After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% 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.