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An Iowa State University report found that higher production costs and supply chain problems were the main drivers of 2021-22 fertilizer price increases, with limited evidence of price gouging. The report expects prices could decline in the second half of 2022.
The analysis suggests fertilizer costs may ease later in 2022, which would support feed grain margins if the outlook holds.
After 156 past report events, DAP moved a median 0.0% over 5 sessions (45% higher; middle half -0.6% to +0.9%), and +0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.