# Fertilizer Prices Continue “Shift Lower” | Farm Policy News | Illinois

> DTN retail data show fertilizer prices continuing to decline in the first week of April 2023, with anhydrous down 5% to $1,002/ton and urea at $625/ton. All major fertilizers are at least 18% below year-earlier levels. Potash producers outside Russia and Belarus, including Canada, are seeking to gain market share.

- Date: 2023-04-16 · published 2023-04-16T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/36332-fertilizer-prices-continue-shift-lower-farm-policy-news-illinois
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [DAP](https://feedsoft.ai/c/DAP.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Falling retail fertilizer prices lower feed grain production costs and reduce cost pressure on crop margins. Expanding non-Russian potash supply adds bearish pressure on potash prices.

## Read by commodity

- DAP: bearish ▼
- CORN: neutral
- UREA: bearish ▼
- POTASH: bearish ▼

## Sources

- farmpolicynews.illinois.edu: https://farmpolicynews.illinois.edu/2023/04/fertilizer-prices-continue-shift-lower/

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