# Fertilizer prices stabilizing some

> Illinois fertilizer dealers report prices beginning to trend down after historic highs, with urea posting the largest drop of $300-400/ton. Excess urea left over from pre-plant applications in northern states contributed to the decline.

- Date: 2022-06-27 · published 2022-06-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/41249-fertilizer-prices-stabilizing-some
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Lower urea prices reduce nitrogen costs for corn growers, though dealers expect fall prices to depend on overseas trends and grain prices. Fuel costs for delivery remain a drag.

## Read by commodity

- UREA: bearish ▼

## Sources

- wgem.com: https://www.wgem.com/2022/06/27/fertilizer-prices-stabilizing-some/

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