# Fertiliser prices easing slowly – Semi-annual Global Fertiliser Outlook

> Rabobank's semi-annual Global Fertiliser Outlook says prices for nitrogen, phosphates and potash have gradually eased from 2022 highs but remain elevated historically. Muted global demand is expected to feed into prices over the next six months, with markets likely to stay volatile in 2025.

- Date: 2024-09-18 · published 2024-09-18T12:00:00.000Z
- Category: report · region Australia · magnitude low
- Page: https://feedsoft.ai/events/28222-fertiliser-prices-easing-slowly-semi-annual-global-fertiliser-outlook
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Easing but still-high fertiliser costs keep farmer input margins tight, which can curb planted area and feed-grain supply growth. Expected softer demand points to flat-to-lower fertiliser prices, with volatility persisting.

## Read by commodity

- DAP: bearish ▼
- UREA: bearish ▼
- POTASH: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2025-10-28 | [Semi-Annual Global Fertilizer Outlook - Rabobank](https://feedsoft.ai/events/22326-semi-annual-global-fertilizer-outlook-rabobank.md) | +5.1% | +1.1% |
| UREA | 2021-01-05 | [Global fertiliser price outlook positive news for Australian growers - Grain Central](https://feedsoft.ai/events/11957-global-fertiliser-price-outlook-positive-news-for-australian-growers-grain.md) | +10.0% | +40.9% |
| UREA | 2023-04-08 | [Global Fertilizer Price Updates: March’ 2023 -](https://feedsoft.ai/events/5937-global-fertilizer-price-updates-march-2023.md) | +8.3% | +8.3% |
| UREA | 2023-10-01 | [Global prices for fertilizers returned to 2021 levels in 2023 after surging in 2022 )](https://feedsoft.ai/events/34027-global-prices-for-fertilizers-returned-to-2021-levels-in-2023-after-surging-in.md) | 0.0% | -8.3% |
| UREA | 2020-07-03 | [Global fertilizer prices expected to remain low over second half of 2020 - RealAgriculture](https://feedsoft.ai/events/52429-global-fertilizer-prices-expected-to-remain-low-over-second-half-of-2020.md) | +2.2% | +10.3% |
| DAP | 2025-10-28 | [Semi-Annual Global Fertilizer Outlook - Rabobank](https://feedsoft.ai/events/22326-semi-annual-global-fertilizer-outlook-rabobank.md) | -3.9% | -6.1% |
| DAP | 2023-04-08 | [Global Fertilizer Price Updates: March’ 2023 -](https://feedsoft.ai/events/5937-global-fertilizer-price-updates-march-2023.md) | +9.5% | -3.4% |
| DAP | 2020-07-03 | [Global fertilizer prices expected to remain low over second half of 2020 - RealAgriculture](https://feedsoft.ai/events/52429-global-fertilizer-prices-expected-to-remain-low-over-second-half-of-2020.md) | +3.3% | +12.5% |

## Sources

- rabobank.com.au: https://www.rabobank.com.au/news/media-releases/2024/fertiliser-prices-easing-slowly-semi-annual-global-fertiliser-outlook

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