# Impacts and Repercussions of Price Increases on the Global Fertilizer Market | USDA Foreign Agricultural Service

> A USDA Foreign Agricultural Service report says global fertilizer prices are near record levels and may stay elevated through 2022 and beyond. It notes fertilizer is 36% of corn operating costs and 35% of wheat costs, and that Russia's invasion of Ukraine has tightened supply and triggered trade restrictions.

- Date: 2022-06-30 · published 2022-06-30T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/40878-impacts-and-repercussions-of-price-increases-on-the-global-fertilizer-market
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Higher nitrogen, phosphate and potash costs raise feed-grain production costs and could cut acreage or yields in 2023, supporting corn and wheat prices over the longer term.

## Read by commodity

- DAP: bullish ▲
- UREA: bullish ▲
- POTASH: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2022-07-05 | [Impacts and Repercussions of Price Increases on the Global Fertilizer Market](https://feedsoft.ai/events/40415-impacts-and-repercussions-of-price-increases-on-the-global-fertilizer-market.md) | -0.0% | +12.8% |
| UREA | 2022-11-29 | [667. Global Fertilizer Market and Policy Trends \| Japan International Research Center for Agricultural Sciences \| JIRCAS](https://feedsoft.ai/events/38623-667-global-fertilizer-market-and-policy-trends-japan-international-research.md) | -4.0% | -7.5% |
| UREA | 2022-11-03 | [The global fertilizer market: taking stock of a tightening market situation](https://feedsoft.ai/events/38619-the-global-fertilizer-market-taking-stock-of-a-tightening-market-situation.md) | -1.8% | -12.9% |
| UREA | 2025-11-18 | [1382. Recent Fertilizer Market Trends \| Japan International Research Center for Agricultural Sciences \| JIRCAS](https://feedsoft.ai/events/21857-1382-recent-fertilizer-market-trends-japan-international-research-center-for.md) | -0.5% | -7.5% |
| UREA | 2026-07-09 | [World Bank warns fertilizer prices could surge more than 30% in 2026 if Hormuz disruption persists-China-ASEAN Chamber of Agricultural Commerce](https://feedsoft.ai/events/18273-world-bank-warns-fertilizer-prices-could-surge-more-than-30-in-2026-if-hormuz.md) | +2.5% | +9.3% |
| DAP | 2022-07-05 | [Impacts and Repercussions of Price Increases on the Global Fertilizer Market](https://feedsoft.ai/events/40415-impacts-and-repercussions-of-price-increases-on-the-global-fertilizer-market.md) | +4.0% | -0.7% |
| DAP | 2022-11-29 | [667. Global Fertilizer Market and Policy Trends \| Japan International Research Center for Agricultural Sciences \| JIRCAS](https://feedsoft.ai/events/38623-667-global-fertilizer-market-and-policy-trends-japan-international-research.md) | -0.4% | -4.4% |
| DAP | 2022-11-03 | [The global fertilizer market: taking stock of a tightening market situation](https://feedsoft.ai/events/38619-the-global-fertilizer-market-taking-stock-of-a-tightening-market-situation.md) | 0.0% | -4.2% |

## Sources

- fas.usda.gov: https://www.fas.usda.gov/data/impacts-and-repercussions-price-increases-global-fertilizer-market

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