# Why fertiliser prices are soaring

> The Economist explains that fertiliser prices are soaring as the war in Ukraine and sanctions on Russia disrupt supply. Russia and Ukraine supply 28% of traded wheat, 15% of maize and 75% of sunflower oil, and farmers face margin squeezes from fertiliser costs.

- Date: 2022-05-31 · published 2022-05-31T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/41723-why-fertiliser-prices-are-soaring
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [DAP](https://feedsoft.ai/c/DAP.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

High fertiliser costs squeeze farm margins and may reduce planted area and yields, supporting grain prices and tightening feed supply in coming seasons.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2026-09-01 | [Why higher fertilizer prices are here to stay](https://feedsoft.ai/events/17863-why-higher-fertilizer-prices-are-here-to-stay.md) | +1.7% | +3.9% |
| UREA | 2025-06-24 | [How Middle East Strikes Sent Fertilizer Prices Soaring](https://feedsoft.ai/events/24538-how-middle-east-strikes-sent-fertilizer-prices-soaring.md) | +1.0% | +11.7% |
| UREA | 2022-03-22 | [Fertilizer prices are at record highs. Here's what that means](https://feedsoft.ai/events/5512-fertilizer-prices-are-at-record-highs-here-s-what-that-means.md) | +0.4% | -0.7% |
| UREA | 2024-03-21 | [Who’s afraid of high fertilizer prices? \| IFPRI](https://feedsoft.ai/events/31144-who-s-afraid-of-high-fertilizer-prices-ifpri.md) | -0.4% | -19.1% |
| UREA | 2026-07-14 | [The Strait of Hormuz Is Technically Still Open. So Why Are Fertilizer Prices Climbing? - AgWeb](https://feedsoft.ai/events/18673-the-strait-of-hormuz-is-technically-still-open-so-why-are-fertilizer-prices.md) | +1.6% | +4.2% |
| DAP | 2026-09-01 | [Why higher fertilizer prices are here to stay](https://feedsoft.ai/events/17863-why-higher-fertilizer-prices-are-here-to-stay.md) | +0.3% | +1.6% |
| DAP | 2022-03-22 | [Fertilizer prices are at record highs. Here's what that means](https://feedsoft.ai/events/5512-fertilizer-prices-are-at-record-highs-here-s-what-that-means.md) | +2.1% | 0.0% |
| DAP | 2026-07-14 | [The Strait of Hormuz Is Technically Still Open. So Why Are Fertilizer Prices Climbing? - AgWeb](https://feedsoft.ai/events/18673-the-strait-of-hormuz-is-technically-still-open-so-why-are-fertilizer-prices.md) | +1.4% | +3.5% |

## Sources

- economist.com: https://www.economist.com/the-economist-explains/2022/05/31/why-fertiliser-prices-are-soaring

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