# Economist's Angle: What’s Going on With Fertilizer Prices? - American Soybean Association

> An American Soybean Association economist explains that fertilizer prices have nearly doubled over the past year, with DAP at 10-year highs and potash doubled. Increased demand from prevented planting in 2019 and 2020 and crop price strength are cited as key drivers. Anhydrous ammonia is up over $300/ton year on year.

- Date: 2021-09-02 · published 2021-09-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/45370-economist-s-angle-what-s-going-on-with-fertilizer-prices-american-soybean
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.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

Fertilizer costs are a major input for soybean and corn growers, so sustained high prices can curb future acreage and support crop prices. Buyers should expect elevated input-linked cost pressure in feed grains and oilseeds.

## Read by commodity

- DAP: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲
- POTASH: bullish ▲

## Sources

- soygrowers.com: https://soygrowers.com/news-releases/economists-angle-whats-going-on-with-fertilizer-prices/

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