DTN's retail survey shows seven of eight major US fertilizers rose in the third week of October, with UAN28 up 6% to $447 per ton and anhydrous ammonia at $987. Urea was the only fertilizer to decline slightly, to $674 per ton.
Rising fertilizer costs ahead of the 2027 season tighten farm margins and may shift acreage toward soybeans, affecting corn and soymeal supply expectations.
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.
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.
After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), 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.