# Who’s afraid of high fertilizer prices? | IFPRI

> An IFPRI analysis finds that global food and fertilizer prices, which spiked in 2021-22, have receded close to pre-pandemic levels though they remain somewhat elevated. The authors note that the Israel-Hamas war and Middle East tensions have created new shipment bottlenecks for fertilizer. Africa, where fertilizer use is limited, still faces lingering affordability problems.

- Date: 2024-03-21 · published 2024-03-21T12:00:00.000Z
- Category: geopolitics · region Global · magnitude low
- Page: https://feedsoft.ai/events/31144-who-s-afraid-of-high-fertilizer-prices-ifpri
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Renewed shipping bottlenecks through the Middle East can lift nitrogen and phosphate freight and delivered costs. This supports fertilizer prices and feed-grain production costs at the margin.

## Read by commodity

- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2026-09-01 | [Why higher fertilizer prices are here to stay](https://feedsoft.ai/events/17863-why-higher-fertilizer-prices-are-here-to-stay.md) | +1.7% | +3.9% |
| UREA | 2022-03-22 | [Fertilizer prices are at record highs. Here's what that means](https://feedsoft.ai/events/5512-fertilizer-prices-are-at-record-highs-here-s-what-that-means.md) | +0.4% | -0.7% |
| UREA | 2022-03-22 | [CRU comments on all-time high fertilizer prices \| World Fertilizer](https://feedsoft.ai/events/42212-cru-comments-on-all-time-high-fertilizer-prices-world-fertilizer.md) | +0.4% | -0.7% |
| UREA | 2026-08-04 | [5 warning signs that fertilizer prices will stay high](https://feedsoft.ai/events/17865-5-warning-signs-that-fertilizer-prices-will-stay-high.md) | -3.9% | +5.8% |
| UREA | 2021-09-21 | [Food prices poised to surge with fertilizer at highest in years](https://feedsoft.ai/events/45024-food-prices-poised-to-surge-with-fertilizer-at-highest-in-years.md) | +2.7% | +40.3% |

## Sources

- ifpri.org: https://www.ifpri.org/blog/whos-afraid-high-fertilizer-prices/

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