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University of Illinois researchers report US DAP prices climbed from about $700 per ton early in 2026 to around $850. Mosaic has idled its South Fort Meade operations, and China's phosphate exports have collapsed to near zero this year.
Mosaic warns that global phosphate output of 45 Mt falls well short of 75 Mt demand.
Idled capacity and Chinese export withdrawal leave a large supply gap against demand, which supports continued upward pressure on phosphate prices. Feed-phosphate costs for livestock producers are likely to rise.
fertilizerdaily.comOct 29, 2026After 193 past bullish trade events, DAP moved a median +0.4% over 5 sessions (54% higher; middle half -0.3% to +1.8%), and +1.9% over 20.
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.
