# Costly fertilizer faces crossroads

> Farm Futures analyst Bryce Knorr says the typical cost of NPK for an acre of corn rose $10 in September, with total increases since spring reaching 45%. Gulf urea futures settled at $667.50 a ton, tying a 2012 peak. Hurricane Ida disrupted US ammonia production, and low gas inventories are adding to the pressure.

- Date: 2021-10-05 · published 2021-10-05T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/44879-costly-fertilizer-faces-crossroads
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Rising fertiliser costs could cut 2022 farm operating margins by about 35 cents a bushel, which may reduce corn planting. Buyers of corn-based feed should expect higher input-driven price support.

## Read by commodity

- UREA: bullish ▲

## Sources

- farmprogress.com: https://www.farmprogress.com/cotton/costly-fertilizer-faces-crossroads

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