# Softening fertilizer prices "a bit of a gift" - Brownfield Ag News

> CoBank's Ken Zuckerberg says substantial declines in anhydrous, phosphate and potash prices this winter make current levels attractive for farmers who have not yet bought. He warns that continued Black Sea conflict could cause further energy-driven fertilizer price shocks.

- Date: 2023-02-16 · published 2023-02-16T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/37644-softening-fertilizer-prices-a-bit-of-a-gift-brownfield-ag-news
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Current low nutrient prices lower feed grain production costs, but the warning of renewed energy-driven spikes adds upside risk for later purchases.

## Read by commodity

- DAP: neutral
- UREA: neutral
- POTASH: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2023-04-04 | [The Russia-Ukraine War’s Impact on Fertilizer Prices in 2022](https://feedsoft.ai/events/36330-the-russia-ukraine-war-s-impact-on-fertilizer-prices-in-2022.md) | +12.8% | +20.8% |
| UREA | 2020-04-14 | [Fertilizer Supply Chains Hold Steady, But No Guarantees - AgriBusiness Global](https://feedsoft.ai/events/53565-fertilizer-supply-chains-hold-steady-but-no-guarantees-agribusiness-global.md) | -0.3% | -20.2% |
| UREA | 2020-04-16 | [Covid-19 and fertilizers: Five things you need to know - CRU Group](https://feedsoft.ai/events/53560-covid-19-and-fertilizers-five-things-you-need-to-know-cru-group.md) | -0.3% | -21.2% |
| UREA | 2020-10-06 | [Lower gas prices to benefit urea producers, reduce subsidy needs: Icra, ETEnergyworld](https://feedsoft.ai/events/50947-lower-gas-prices-to-benefit-urea-producers-reduce-subsidy-needs-icra.md) | -0.7% | +2.7% |
| UREA | 2023-11-01 | [Weak Canadian Dollar Good for Ag Exports but Bad for Ag Inputs - Genesis Fertilizers](https://feedsoft.ai/events/33478-weak-canadian-dollar-good-for-ag-exports-but-bad-for-ag-inputs-genesis.md) | -2.8% | -5.6% |
| DAP | 2023-04-04 | [The Russia-Ukraine War’s Impact on Fertilizer Prices in 2022](https://feedsoft.ai/events/36330-the-russia-ukraine-war-s-impact-on-fertilizer-prices-in-2022.md) | +7.8% | -3.5% |
| DAP | 2020-04-14 | [Fertilizer Supply Chains Hold Steady, But No Guarantees - AgriBusiness Global](https://feedsoft.ai/events/53565-fertilizer-supply-chains-hold-steady-but-no-guarantees-agribusiness-global.md) | 0.0% | -6.4% |
| DAP | 2020-04-16 | [Covid-19 and fertilizers: Five things you need to know - CRU Group](https://feedsoft.ai/events/53560-covid-19-and-fertilizers-five-things-you-need-to-know-cru-group.md) | 0.0% | -6.4% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/softening-fertilizer-prices-a-bit-of-a-gift/

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