# Fertilizer prices stabilize in 2024, but uncertainty continues | Ag Proud

> A University of Idaho review says fertilizer prices stabilized in 2024 after steep 2023 declines but stayed above pre-pandemic levels. Potash fell about 20% versus 2023, phosphate MAP and DAP stayed high, and nitrogen prices were lower but began recovering toward year-end.

- Date: 2024-12-23 · published 2024-12-23T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/26887-fertilizer-prices-stabilize-in-2024-but-uncertainty-continues-ag-proud
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Urea](https://feedsoft.ai/c/UREA.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Persistently high phosphate and a late-year nitrogen rebound raise input costs for feed grain and oilseed production, supporting the price floor for crops into 2025.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2025-08-20 | [World Bank Projects Higher Fertilizer Prices Into 2026 -](https://feedsoft.ai/events/23634-world-bank-projects-higher-fertilizer-prices-into-2026.md) | -0.2% | -2.8% |
| DAP | 2020-12-23 | [Fertilizer prices to rise moderately in 2021](https://feedsoft.ai/events/49583-fertilizer-prices-to-rise-moderately-in-2021.md) | +2.8% | +6.8% |
| DAP | 2021-12-17 | [Fertilizer Prices Spike and Will Continue Rallying Next Year - News and Statistics - IndexBox](https://feedsoft.ai/events/43921-fertilizer-prices-spike-and-will-continue-rallying-next-year-news-and.md) | +0.1% | -3.8% |
| 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% |
| DAP | 2022-10-08 | [Global Fertilizer Price Updates: September’ 2022 -](https://feedsoft.ai/events/39446-global-fertilizer-price-updates-september-2022.md) | 0.0% | -3.8% |
| UREA | 2022-02-01 | [Fertilizer Buying Slows Seasonally in December, but Wholesale Prices Expected to Continue Climbing in 2022](https://feedsoft.ai/events/43443-fertilizer-buying-slows-seasonally-in-december-but-wholesale-prices-expected-to.md) | -11.5% | +4.3% |
| UREA | 2025-08-20 | [World Bank Projects Higher Fertilizer Prices Into 2026 -](https://feedsoft.ai/events/23634-world-bank-projects-higher-fertilizer-prices-into-2026.md) | -0.8% | -8.5% |
| UREA | 2020-12-23 | [Fertilizer prices to rise moderately in 2021](https://feedsoft.ai/events/49583-fertilizer-prices-to-rise-moderately-in-2021.md) | +3.0% | +21.5% |

## Sources

- agproud.com: https://www.agproud.com/articles/60732-fertilizer-prices-stabilize-in-2024-but-uncertainty-continues

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