# Rabobank: Fertilizer Markets May Start to Settle in 2023 - Northern Ag Network

> Rabobank says fertilizer consumption fell in 2022 amid volatility and record prices, but prices are returning toward pre-war levels and its affordability index will trend lower over the next three months. Nitrogen remains the key risk due to the European gas crisis.

- Date: 2022-12-07 · published 2022-12-07T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/38533-rabobank-fertilizer-markets-may-start-to-settle-in-2023-northern-ag-network
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Easing fertilizer prices improve affordability for feed grain producers, though nitrogen costs could stay elevated if gas-driven urea and ammonia costs persist.

## Read by commodity

- UREA: bearish ▼
- NATGAS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2022-11-30 | [Report: After Two Turbulent Years, Fertilizer Markets May Start to Settle in 2023 - AgriBusiness Global](https://feedsoft.ai/events/7855-report-after-two-turbulent-years-fertilizer-markets-may-start-to-settle-in-2023.md) | +3.8% | -0.5% |
| UREA | 2022-11-29 | [New Report Predicts More Stable Fertilizer Markets for 2023](https://feedsoft.ai/events/38997-new-report-predicts-more-stable-fertilizer-markets-for-2023.md) | -4.0% | -7.5% |
| UREA | 2025-10-28 | [Semi-Annual Global Fertilizer Outlook - Rabobank](https://feedsoft.ai/events/22326-semi-annual-global-fertilizer-outlook-rabobank.md) | +5.1% | +1.1% |
| UREA | 2024-04-29 | [AgriMarketing.com - Rabobank: Global Fertilizer Growth Expected Despite Market Challenges](https://feedsoft.ai/events/30659-agrimarketing-com-rabobank-global-fertilizer-growth-expected-despite-market.md) | -7.7% | -6.1% |
| UREA | 2023-12-17 | [International Fertilizer Price Report: Nov 2023 Updates and Analysis -](https://feedsoft.ai/events/33042-international-fertilizer-price-report-nov-2023-updates-and-analysis.md) | +1.6% | +2.4% |
| NATGAS | 2023-12-17 | [International Fertilizer Price Report: Nov 2023 Updates and Analysis -](https://feedsoft.ai/events/33042-international-fertilizer-price-report-nov-2023-updates-and-analysis.md) | +4.4% | +16.2% |
| NATGAS | 2024-11-14 | [Fertilizer market developments](https://feedsoft.ai/events/27318-fertilizer-market-developments.md) | +9.8% | +32.4% |
| NATGAS | 2017-10-23 | [Global LNG markets to remain oversupplied into 2020s despite strong demand](https://feedsoft.ai/events/68638-global-lng-markets-to-remain-oversupplied-into-2020s-despite-strong-demand.md) | -3.2% | +7.4% |

## Sources

- northernag.net: https://www.northernag.net/rabobank-fertilizer-markets-may-start-to-settle-in-2023/

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