Illinois Department of Agriculture data for the week ending November 13 showed most fertilizer prices rising, with anhydrous ammonia averaging $838.82 per ton and DAP averaging $884.56. MAP rose $36.67 to an average of $876 per ton, and potash and urea also climbed.
Corn and soybean prices are expected to stay below break-even levels into 2026, and the article links fertilizer costs to the Iran war.
Persistently high phosphate and nitrogen prices, combined with weak crop prices, squeeze farm margins and may reduce planted acreage. Feed buyers should expect firm input costs to support grain and meal prices.
After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% over 20.
After 66 past bullish report events, DAP moved a median 0.0% over 5 sessions (41% higher; middle half -0.6% to +0.7%), and +0.3% over 20.
After 76 past bullish report events, Urea moved a median 0.0% over 5 sessions (49% higher; middle half -2.2% to +2.9%), and -0.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.