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The World Bank reports global fertilizer prices rose 11% in Q1 2025 year-on-year, with urea up 20% to an average of $390 per tonne. Egyptian gas-related plant curtailments and Chinese export restrictions contributed to the rise.
Sustained nitrogen price increases from supply constraints raise farm input costs and support corn and grain prices through higher production expenses.
millingmea.comEditor MillingMay 14, 2025After 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.
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.
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.
