# Nitrogen Fertilizer Prices and Supply in Light of the Ukraine-Russia Conflict - farmdoc daily

> Nitrogen fertilizer prices rose from 2020 through early 2022, with anhydrous ammonia reaching about $1,500 per ton by late February. The authors expect the Ukraine-Russia conflict to intensify nitrogen price and supply concerns.

- Date: 2022-04-06 · published 2022-04-06T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/42133-nitrogen-fertilizer-prices-and-supply-in-light-of-the-ukraine-russia-conflict
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Persistently high nitrogen costs raise corn production expenses and may reduce acreage or fertilizer use, supporting corn prices over the coming season.

## Read by commodity

- CORN: bullish ▲
- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2023-07-26 | [The increase in the price of oil led to an increase in the prices of gas and nitrogen fertilizers](https://feedsoft.ai/events/7009-the-increase-in-the-price-of-oil-led-to-an-increase-in-the-prices-of-gas-and.md) | +28.9% | +17.2% |
| UREA | 2022-02-25 | [Fertilizer Prices Keep Rising and the Russia-Ukraine Conflict Could Make it Worse \| College of Agricultural and Environmental Sciences](https://feedsoft.ai/events/43025-fertilizer-prices-keep-rising-and-the-russia-ukraine-conflict-could-make-it.md) | +24.9% | +38.4% |
| UREA | 2021-11-22 | [Fertilizer prices continue to increase with no top in sight \| Quality Farm Supply](https://feedsoft.ai/events/8139-fertilizer-prices-continue-to-increase-with-no-top-in-sight-quality-farm-supply.md) | +6.4% | -1.2% |
| UREA | 2022-01-05 | [Little relief in sight on fertiliser supply and price - Farmers Weekly](https://feedsoft.ai/events/4589-little-relief-in-sight-on-fertiliser-supply-and-price-farmers-weekly.md) | -11.9% | -20.3% |
| UREA | 2022-10-26 | [Tightening nitrogen fertilizer supplies raise alarm \| The Western Producer](https://feedsoft.ai/events/10125-tightening-nitrogen-fertilizer-supplies-raise-alarm-the-western-producer.md) | -11.7% | -11.8% |
| CORN | 2022-02-25 | [Fertilizer Prices Keep Rising and the Russia-Ukraine Conflict Could Make it Worse \| College of Agricultural and Environmental Sciences](https://feedsoft.ai/events/43025-fertilizer-prices-keep-rising-and-the-russia-ukraine-conflict-could-make-it.md) | +6.6% | +10.3% |
| CORN | 2022-11-17 | [The Impact of Low Stocks-to-use Ratio and the Ukraine-Russia Conflict on the Distillers-to-Corn Price Ratio \| CropWatch \| Nebraska](https://feedsoft.ai/events/38676-the-impact-of-low-stocks-to-use-ratio-and-the-ukraine-russia-conflict-on-the.md) | -1.7% | -4.9% |
| CORN | 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) | +2.1% | +6.9% |

## Sources

- farmdocdaily.illinois.edu: https://farmdocdaily.illinois.edu/2022/04/nitrogen-fertilizer-prices-and-supply-in-light-of-the-ukraine-russia-conflict.html

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