# All Eight Major Fertilizer Prices Higher

> DTN retail data for late March 2024 show all eight major fertilizers priced higher than a month earlier, with urea up 8% to an average of $576 per ton. Analysts said the Francis Scott Key Bridge collapse has closed the Port of Baltimore, which handles about 10% of US UAN imports, and could cause spring UAN supply disruptions.

- Date: 2024-05-01 · published 2024-05-01T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/31059-all-eight-major-fertilizer-prices-higher
- 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

Port closure risks tighter US nitrogen supply during the spring application window, supporting higher fertilizer costs for farmers. Higher input costs can reduce planted acreage and affect future grain and feed supply.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2021-02-19 | [Fertilizer freight rates jump to new highs \| Latest Market News](https://feedsoft.ai/events/48522-fertilizer-freight-rates-jump-to-new-highs-latest-market-news.md) | +1.5% | +11.7% |
| UREA | 2021-09-15 | [U.S. fertilizer prices soar as storms roil industry hub](https://feedsoft.ai/events/45369-u-s-fertilizer-prices-soar-as-storms-roil-industry-hub.md) | +0.4% | +41.4% |
| UREA | 2021-03-30 | [Fertilizer price surge shows signs of a top…](https://feedsoft.ai/events/48046-fertilizer-price-surge-shows-signs-of-a-top.md) | -0.9% | -0.9% |
| UREA | 2021-06-21 | [Fertiliser prices continue to increase: MoIT](https://feedsoft.ai/events/46891-fertiliser-prices-continue-to-increase-moit.md) | -1.5% | -0.3% |
| UREA | 2024-01-18 | [Global shipping delays will affect fertilizer prices - Brownfield Ag News](https://feedsoft.ai/events/32437-global-shipping-delays-will-affect-fertilizer-prices-brownfield-ag-news.md) | -0.6% | +12.2% |
| DAP | 2021-02-19 | [Fertilizer freight rates jump to new highs \| Latest Market News](https://feedsoft.ai/events/48522-fertilizer-freight-rates-jump-to-new-highs-latest-market-news.md) | -1.5% | -1.7% |
| DAP | 2021-09-15 | [U.S. fertilizer prices soar as storms roil industry hub](https://feedsoft.ai/events/45369-u-s-fertilizer-prices-soar-as-storms-roil-industry-hub.md) | +1.1% | +6.6% |
| DAP | 2021-06-21 | [Fertiliser prices continue to increase: MoIT](https://feedsoft.ai/events/46891-fertiliser-prices-continue-to-increase-moit.md) | -0.2% | -1.3% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/crops/article/2024/04/03/eight-major-fertilizer-prices-higher

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