# Farmers Can't Catch a Break: Fertilizer Prices, Compared to Corn Prices, Are Now Some of the Worst in History - AgWeb

> StoneX analysis shows the fertilizer-to-corn price ratio at historically poor levels, with potash the worst on record and UAN and urea also near the top of the historical range. Fertilizer prices surged at the end of June after US strikes on Iranian nuclear sites and talk of closing the Strait of Hormuz, while corn prices kept falling.

- Date: 2025-07-02 · published 2025-07-02T12:00:00.000Z
- Category: geopolitics · region US · magnitude medium
- Page: https://feedsoft.ai/events/23691-farmers-can-t-catch-a-break-fertilizer-prices-compared-to-corn-prices-are-now
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Expensive fertilizer relative to corn may reduce application rates and push farmers toward lower-input crops, while falling corn prices squeeze margins. Iran is a major urea exporter, so Gulf disruption raises urea prices.

## Read by commodity

- CORN: bearish ▼
- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-01-26 | [No fertilizer price relief expected for this year \| The Western Producer](https://feedsoft.ai/events/20978-no-fertilizer-price-relief-expected-for-this-year-the-western-producer.md) | -0.3% | -0.5% |
| CORN | 2022-05-03 | [Slow news day sends corn, soy prices lower – The Seam](https://feedsoft.ai/events/5843-slow-news-day-sends-corn-soy-prices-lower-the-seam.md) | +3.6% | +3.0% |
| CORN | 2022-05-26 | [Wheat continues to fall in price on the news of a possible unblocking of Ukrainian ports 26.05.2022 - UkrAgroConsult](https://feedsoft.ai/events/41432-wheat-continues-to-fall-in-price-on-the-news-of-a-possible-unblocking-of.md) | -4.6% | -3.2% |
| CORN | 2022-11-28 | [Ahead of the Open \| November 28, 2022 - Pro Farmer](https://feedsoft.ai/events/12216-ahead-of-the-open-november-28-2022-pro-farmer.md) | -5.0% | -2.5% |
| CORN | 2026-04-01 | [Grain, Oilseed Prices Fall as Traders Look for End to Iran War - Bloomberg](https://feedsoft.ai/events/19762-grain-oilseed-prices-fall-as-traders-look-for-end-to-iran-war-bloomberg.md) | -1.7% | +1.5% |
| UREA | 2026-07-14 | [The Strait of Hormuz Is Technically Still Open. So Why Are Fertilizer Prices Climbing? - AgWeb](https://feedsoft.ai/events/18673-the-strait-of-hormuz-is-technically-still-open-so-why-are-fertilizer-prices.md) | +1.6% | +4.2% |
| UREA | 2024-10-14 | [Hurricanes Trigger Higher Fertilizer Prices - AG INFORMATION NETWORK OF THE WEST](https://feedsoft.ai/events/28192-hurricanes-trigger-higher-fertilizer-prices-ag-information-network-of-the-west.md) | -0.4% | -6.2% |
| UREA | 2026-09-01 | [Why higher fertilizer prices are here to stay](https://feedsoft.ai/events/17863-why-higher-fertilizer-prices-are-here-to-stay.md) | +1.7% | +3.9% |

## Sources

- agweb.com: https://www.agweb.com/news/crops/crop-production/fertilizer-prices-vs-corn-prices-are-now-some-worst-history

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