# Why high fertilizer costs could linger - PNW Farmers Cooperative

> Fertilizer prices retreated from record highs over the past weeks, but summer swaps on Gulf wholesale contracts point lower. The author argues prices may stay high because the FAO food index, which hit a March record, drives fertilizer values.

- Date: 2022-04-18 · published 2022-04-18T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/42136-why-high-fertilizer-costs-could-linger-pnw-farmers-cooperative
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

High fertilizer costs are likely to persist, keeping input expenses elevated for grain and oilseed growers and supporting crop prices.

## Read by commodity

- UREA: bullish ▲
- POTASH: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DAP | 2022-05-03 | 5 | -8.9% | -3.4 | Notes fertilizer prices retreating from record highs and Gulf summer swaps pointing lower, consistent with a near-term pullback in DAP. |

## Sources

- pnw.coop: https://pnw.coop/story-why-high-fertilizer-costs-linger-22-223515

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