# Fertilizer Prices Soar Near 2008 Highs on Supply Shocks, Concerns Sprout Over Sourcing Enough for 2022 U.S. Corn Acres - AgWeb

> AgWeb reports that China effectively banned phosphate exports through June 2022, according to StoneX's Josh Linville. Fertilizer prices are approaching 2008 highs after Hurricane Ida, European and Chinese production slowdowns, and other supply shocks. Linville notes NOLA urea has not yet reached its 2008 peak of about $825 per tonne.

- Date: 2021-10-12 · published 2021-10-12T12:00:00.000Z
- Category: policy · region Global · magnitude high
- Page: https://feedsoft.ai/events/44478-fertilizer-prices-soar-near-2008-highs-on-supply-shocks-concerns-sprout-over
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Urea](https://feedsoft.ai/c/UREA.md), [TSP](https://feedsoft.ai/c/TSP.md)

## Why it matters

China supplies about one-third of world phosphate trade, so a ban through mid-2022 sharply tightens global DAP and related supply. This raises the cost of crop nutrients ahead of the 2022 planting season and could limit US corn acreage.

## Read by commodity

- DAP: bullish ▲
- TSP: bullish ▲
- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2025-10-16 | [Why high fertilizer prices? – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/22742-why-high-fertilizer-prices-ohio-ag-net-ohio-s-country-journal.md) | -0.0% | -3.5% |
| DAP | 2021-11-15 | [Soaring fertilizer prices add to inflationary pressures and food security concerns](https://feedsoft.ai/events/12681-soaring-fertilizer-prices-add-to-inflationary-pressures-and-food-security.md) | -0.7% | +2.6% |
| DAP | 2021-12-27 | [Soaring fertilizer prices add to inflationary pressures and food security concerns :: Content :: Tập đoàn Hoá chất Việt Nam (Vinachem)](https://feedsoft.ai/events/43514-soaring-fertilizer-prices-add-to-inflationary-pressures-and-food-security.md) | -2.5% | -4.1% |
| DAP | 2026-10-21 | [China's phosphate rock market is affected by the ban on phosphate fertilizer exports, affecting both prices and supply](https://feedsoft.ai/events/684-china-s-phosphate-rock-market-is-affected-by-the-ban-on-phosphate-fertilizer.md) | 0.0% | — |
| DAP | 2026-05-22 | [How fertilizer policies could exacerbate Hormuz price shocks \| IFPRI](https://feedsoft.ai/events/19174-how-fertilizer-policies-could-exacerbate-hormuz-price-shocks-ifpri.md) | +1.6% | +1.3% |
| UREA | 2025-10-16 | [Why high fertilizer prices? – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/22742-why-high-fertilizer-prices-ohio-ag-net-ohio-s-country-journal.md) | -0.5% | +2.3% |
| UREA | 2021-11-15 | [Soaring fertilizer prices add to inflationary pressures and food security concerns](https://feedsoft.ai/events/12681-soaring-fertilizer-prices-add-to-inflationary-pressures-and-food-security.md) | -0.6% | -1.8% |
| UREA | 2026-10-28 | [U.S. Corn Growers Urge Faster Fertilizer Antitrust Action as Prices Keep Rising - Fertilizer Daily](https://feedsoft.ai/events/293-u-s-corn-growers-urge-faster-fertilizer-antitrust-action-as-prices-keep-rising.md) | -1.3% | — |

## Sources

- agweb.com: https://www.agweb.com/news/crops/crop-production/fertilizer-prices-soar-near-2008-highs-supply-shocks-concerns-sprout-over-sourcing-enough-2022-u-s-corn-acres

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