
Ohio farm commentary says DAP retail is about $926 per metric ton, up from $580 in January, and potash is about 24 percent higher than last year. The author attributes high prices to the Russia-Ukraine war, Chinese export cuts, tariffs on Canadian, Chinese, Moroccan and Russian fertilizer, and high energy costs.
Persistently high phosphate and potash costs raise the cost of feed production and farm inputs heading into 2026, supporting firm fertilizer prices.
After 151 past bullish policy events, DAP moved a median +0.0% over 5 sessions (50% higher; middle half -0.6% to +0.9%), and +1.9% over 20.
Not enough comparable past events yet for a historical read.
After 129 past bullish policy events, Urea moved a median -0.1% over 5 sessions (47% higher; middle half -1.3% to +2.3%), and +1.4% 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.