# Tariffs Squeeze Trump-Loving Farmers as Fertilizer Prices Soar - Bloomberg

> Tightening supplies and tariff concerns have pushed up costs for potash, nitrogen and phosphate fertilizers. A North American fertilizer price benchmark rose to its highest level since at least 2016 relative to grain and oilseed futures, above its Russia-Ukraine invasion peak. Farmers are earning less for their harvests while input costs climb.

- Date: 2025-08-28 · published 2025-08-28T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/23254-tariffs-squeeze-trump-loving-farmers-as-fertilizer-prices-soar-bloomberg
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Higher fertilizer prices relative to crop values squeeze farm margins and can reduce application rates, which tightens future feed grain supply. Buyers should expect firm nutrient prices and weaker farm economics to keep upward pressure on input-linked feed costs.

## Read by commodity

- DAP: bullish ▲
- UREA: bullish ▲
- POTASH: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2022-03-02 | [Waive fertilizer dumping duties, corn farmers ask](https://feedsoft.ai/events/42257-waive-fertilizer-dumping-duties-corn-farmers-ask.md) | +22.0% | +20.9% |
| UREA | 2025-02-05 | [Urea, UAN32 lead fertilizer prices higher; tariffs could boost potash prices - AgriAmerica](https://feedsoft.ai/events/25958-urea-uan32-lead-fertilizer-prices-higher-tariffs-could-boost-potash-prices.md) | +2.4% | -1.5% |
| UREA | 2025-09-26 | [EU Opens Anti-Dumping Probe Into Fertilizer Imports From Russia - Bloomberg](https://feedsoft.ai/events/23187-eu-opens-anti-dumping-probe-into-fertilizer-imports-from-russia-bloomberg.md) | -3.5% | -4.8% |
| UREA | 2021-10-05 | [Farmers face fertiliser shortages, higher prices after China export ban \| VIC](https://feedsoft.ai/events/5913-farmers-face-fertiliser-shortages-higher-prices-after-china-export-ban-vic.md) | +6.2% | +11.5% |
| UREA | 2021-10-11 | [Brazilian farmers also see fertilizer costs double](https://feedsoft.ai/events/44891-brazilian-farmers-also-see-fertilizer-costs-double.md) | +0.3% | +6.4% |
| DAP | 2026-05-07 | [India Gets High Prices for DAP Fertilizer in Latest Tender - Bloomberg](https://feedsoft.ai/events/19575-india-gets-high-prices-for-dap-fertilizer-in-latest-tender-bloomberg.md) | 0.0% | +3.6% |
| DAP | 2026-05-12 | [India Books Phosphate Crop Fertilizer at 40% Above Pre-War Prices - Bloomberg](https://feedsoft.ai/events/19574-india-books-phosphate-crop-fertilizer-at-40-above-pre-war-prices-bloomberg.md) | +2.0% | +3.3% |
| DAP | 2022-03-02 | [Waive fertilizer dumping duties, corn farmers ask](https://feedsoft.ai/events/42257-waive-fertilizer-dumping-duties-corn-farmers-ask.md) | +9.5% | +11.8% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2025-08-28/tariffs-squeeze-trump-loving-farmers-as-fertilizer-prices-soar

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.