# Market Morsel: Fert Pricing Pain - AIRR

> Hurricane Ida caused damage to urea and DAP supply chains, pushing Australian-dollar DAP from A$899 to A$970/t and urea from A$468 to A$585/t since mid-August. US prices have risen far above other origins such as the Middle East and China, widening the spread. Prices do not include freight to Australia.

- Date: 2021-09-20 · published 2021-09-20T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/45371-market-morsel-fert-pricing-pain-airr
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

The widening US premium over other origins signals tight global nitrogen and phosphate supply, which supports fertilizer costs for feed producers. Whether the spike persists depends on how quickly US Gulf logistics recover.

## Read by commodity

- DAP: bullish ▲
- UREA: bullish ▲
- BARGE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2021-01-07 | [Taking cue from global market, DAP prices jump](https://feedsoft.ai/events/11958-taking-cue-from-global-market-dap-prices-jump.md) | +7.1% | +27.6% |
| UREA | 2024-05-01 | [All Eight Major Fertilizer Prices Higher](https://feedsoft.ai/events/31059-all-eight-major-fertilizer-prices-higher.md) | -6.9% | -5.8% |
| UREA | 2021-06-21 | [Fertiliser prices continue to increase: MoIT](https://feedsoft.ai/events/46891-fertiliser-prices-continue-to-increase-moit.md) | -1.5% | -0.3% |
| UREA | 2021-02-19 | [Fertilizer freight rates jump to new highs \| Latest Market News](https://feedsoft.ai/events/48522-fertilizer-freight-rates-jump-to-new-highs-latest-market-news.md) | +1.5% | +11.7% |
| UREA | 2022-07-06 | [Fertiliser supply chain \| Maersk](https://feedsoft.ai/events/40414-fertiliser-supply-chain-maersk.md) | +2.2% | +13.7% |
| DAP | 2021-01-07 | [Taking cue from global market, DAP prices jump](https://feedsoft.ai/events/11958-taking-cue-from-global-market-dap-prices-jump.md) | +0.5% | +39.8% |
| DAP | 2024-05-01 | [All Eight Major Fertilizer Prices Higher](https://feedsoft.ai/events/31059-all-eight-major-fertilizer-prices-higher.md) | +2.1% | +9.1% |
| DAP | 2023-09-20 | [Earthquakes in Morocco Cause Supply Affliction for Phosphoric Acid, Impacting Global Fertilizer Market](https://feedsoft.ai/events/34431-earthquakes-in-morocco-cause-supply-affliction-for-phosphoric-acid-impacting.md) | +0.9% | +1.6% |

## Sources

- airr.com.au: https://airr.com.au/2021/09/20/market-morsel-fert-pricing-pain/

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