# ANALYSIS - Yara may be overplaying its hand, in European fertilizer price warning - Grain Price News

> Yara reported a 6% drop in European nitrogen deliveries for July to September, against 28% in Africa and Asia and 35% in the Americas. Yara's market intelligence head said farmers' optimal nitrogen rates are about 10-12% below last year's levels.

- Date: 2022-10-21 · published 2022-10-21T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/39462-analysis-yara-may-be-overplaying-its-hand-in-european-fertilizer-price-warning
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

European nitrogen capacity is largely mothballed because of high gas costs, but farmers have secured supply and are cutting application rates. These factors limit the risk of a severe European nitrogen shortage and price spike.

## Read by commodity

- UREA: neutral

## Sources

- grainpricenews.com: https://grainpricenews.com/2022/10/21/analysis-yara-may-be-overplaying-its-hand-in-european-fertilizer-price-warning/

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