The American Farm Bureau Federation outlines rising fertilizer costs and tighter farm margins heading into 2025-26. Gulf DAP rose about 36% from January to August 2025, to nearly $800 per ton, and MAP is following a similar climb.
Potash is rising on trade policy risks, while nitrogen prices are swinging month to month.
Sustained phosphate and potash strength raises the cost of producing corn, soybeans and other feed crops, which can support grain prices over time. Tighter farm margins may also lead to reduced fertilizer application, affecting future yields.
Not enough comparable past events yet for a historical read.
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.