# High global phosphate prices pose potential food security risks | IFPRI

> IFPRI reports that fertilizer prices have fallen from 2022 peaks but remain above pre-pandemic levels, with urea about 50% and phosphate about double January 2020 levels. The authors warn that persistently high phosphate prices pose food security risks.

- Date: 2025-03-20 · published 2025-03-20T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/25903-high-global-phosphate-prices-pose-potential-food-security-risks-ifpri
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [TSP](https://feedsoft.ai/c/TSP.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Elevated phosphate and urea costs keep fertilizer affordability tight for farmers, a structural backdrop rather than a new price shock.

## Read by commodity

- DAP: bullish ▲
- UREA: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2020-07-16 | [Season, low prices fire up urea applications, despite COVID supply risk - Grain Central](https://feedsoft.ai/events/52424-season-low-prices-fire-up-urea-applications-despite-covid-supply-risk-grain.md) | +0.5% | +21.0% |
| UREA | 2022-06-01 | [Stagnant Retail Fertilizer Prices Hover Near Record Highs](https://feedsoft.ai/events/41256-stagnant-retail-fertilizer-prices-hover-near-record-highs.md) | -7.1% | -12.0% |
| UREA | 2022-09-27 | [Fertilizer Prices, Rates, and Costs for 2023 - farmdoc daily](https://feedsoft.ai/events/11906-fertilizer-prices-rates-and-costs-for-2023-farmdoc-daily.md) | -5.7% | -9.1% |
| UREA | 2026-01-23 | [Natural-gas prices have overshot as deep freeze hits the U.S., says Goldman - MarketWatch](https://feedsoft.ai/events/4407-natural-gas-prices-have-overshot-as-deep-freeze-hits-the-u-s-says-goldman.md) | +1.5% | +12.9% |
| UREA | 2022-09-29 | [Fertilizer Prices Remain “Considerably Higher” Than Last Year, as Hurricane Ian Could Worsen Outlook \| Farm Policy News \| Illinois](https://feedsoft.ai/events/11905-fertilizer-prices-remain-considerably-higher-than-last-year-as-hurricane-ian.md) | -4.2% | -9.1% |
| DAP | 2021-04-27 | [Phosphatic fert players face headwinds as global prices rise: Report \| Business](https://feedsoft.ai/events/47925-phosphatic-fert-players-face-headwinds-as-global-prices-rise-report-business.md) | +2.1% | +8.6% |
| DAP | 2026-09-05 | [CoBank warns higher fertilizer prices are structural as phosphate capacity forecast drops 13%](https://feedsoft.ai/events/17780-cobank-warns-higher-fertilizer-prices-are-structural-as-phosphate-capacity.md) | +0.9% | +1.3% |
| DAP | 2025-11-05 | [Global fertilizer prices expected to rise 21% in 2025 - Ecofin Agency](https://feedsoft.ai/events/6229-global-fertilizer-prices-expected-to-rise-21-in-2025-ecofin-agency.md) | +0.2% | -11.9% |

## Sources

- ifpri.org: https://www.ifpri.org/blog/high-global-phosphate-prices-pose-potential-food-security-risks/

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