# Urea prices expected to increase in Canada | The Western Producer

> Urea prices in Canada and North America are higher than expected for the summer, with Western Canada around $630 to $640 per tonne in mid-July and New Orleans near US$300 per short ton. Prices held up even though crop prices fell, with corn near $4.10 per bushel compared with about $5 a year earlier.

- Date: 2024-08-01 · published 2024-08-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/28678-urea-prices-expected-to-increase-in-canada-the-western-producer
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Elevated urea prices against weaker crop values squeeze farm margins and may cut fertilizer application, which can weigh on future yields and feed grain supply.

## Read by commodity

- CORN: neutral
- UREA: bullish ▲

## Sources

- producer.com: https://www.producer.com/markets/urea-prices-expected-to-increase-in-canada/

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