# Fertilizer prices called low relative to grain | The Western Producer

> StoneX's Josh Linville says fertilizer is cheap relative to grain, with the urea-to-canola ratio at 0.4 tonnes as of March 3, near its best level since 2000. The NOLA urea barge price was $300 per tonne in late February, down from $925 a year earlier.

- Date: 2023-03-16 · published 2023-03-16T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/36790-fertilizer-prices-called-low-relative-to-grain-the-western-producer
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Favorable fertilizer-to-grain price ratios encourage higher application and planting, which supports future crop output and grain supply.

## Read by commodity

- UREA: bearish ▼

## Sources

- producer.com: https://www.producer.com/news/fertilizer-prices-called-low-relative-to-grain/

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