# Fertilizer prices expected to remain higher for longer

> The World Bank says fertilizer prices have risen nearly 30% since the start of 2022, after an 80% surge last year. Urea has surpassed its 2008 peak and phosphate and potash are approaching 2008 levels, driven by input costs, sanctions on Russia and Belarus, and China's export restrictions.

- Date: 2022-05-11 · published 2022-05-11T12:00:00.000Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/41325-fertilizer-prices-expected-to-remain-higher-for-longer
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher nutrient costs squeeze feed-grain margins and push farmers toward lower application rates, which can cut future yields. Prices are expected to stay elevated, supporting input-cost pressure on corn and wheat.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2023-02-10 | [Fertiliser prices likely to remain at high level in coming months](https://feedsoft.ai/events/11746-fertiliser-prices-likely-to-remain-at-high-level-in-coming-months.md) | +1.6% | -2.7% |
| UREA | 2024-07-16 | [5 Reasons Fertilizer Prices Are High Right Now - AgWeb](https://feedsoft.ai/events/29179-5-reasons-fertilizer-prices-are-high-right-now-agweb.md) | +0.8% | +4.6% |
| UREA | 2022-04-25 | [High fertilizer prices contribute to rising global food security concerns \| IFPRI](https://feedsoft.ai/events/41764-high-fertilizer-prices-contribute-to-rising-global-food-security-concerns-ifpri.md) | -18.1% | -19.0% |
| UREA | 2022-01-21 | [The Fertilizer Crisis Is Getting Real for Europe Food Prices - Bloomberg](https://feedsoft.ai/events/43072-the-fertilizer-crisis-is-getting-real-for-europe-food-prices-bloomberg.md) | 0.0% | -8.0% |
| UREA | 2022-01-19 | [High natural gas prices could lead to spike in food costs through fertilizer link \| S&P Global](https://feedsoft.ai/events/43069-high-natural-gas-prices-could-lead-to-spike-in-food-costs-through-fertilizer.md) | -0.3% | -11.2% |
| DAP | 2023-02-10 | [Fertiliser prices likely to remain at high level in coming months](https://feedsoft.ai/events/11746-fertiliser-prices-likely-to-remain-at-high-level-in-coming-months.md) | +2.2% | -1.2% |
| DAP | 2022-04-25 | [High fertilizer prices contribute to rising global food security concerns \| IFPRI](https://feedsoft.ai/events/41764-high-fertilizer-prices-contribute-to-rising-global-food-security-concerns-ifpri.md) | -7.9% | -10.0% |
| DAP | 2022-01-19 | [High natural gas prices could lead to spike in food costs through fertilizer link \| S&P Global](https://feedsoft.ai/events/43069-high-natural-gas-prices-could-lead-to-spike-in-food-costs-through-fertilizer.md) | -0.5% | +1.7% |

## Sources

- blogs.worldbank.org: https://blogs.worldbank.org/en/opendata/fertilizer-prices-expected-remain-higher-longer

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