# Nitrogen prices soar as high gas prices shut down production - Farmers Weekly

> Nitrogen fertilizer prices rose again after CF Industries shut its two UK ammonia plants because of record gas costs. Billingham was later set to reopen, but CF could not confirm when new ammonium nitrate supply would return, and urea prices were rising daily.

- Date: 2021-09-22 · published 2021-09-22T12:00:00.000Z
- Category: macro · region UK · magnitude high
- Page: https://feedsoft.ai/events/45383-nitrogen-prices-soar-as-high-gas-prices-shut-down-production-farmers-weekly
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Energy-driven fertilizer shutdowns push up the cost of nitrogen inputs for grain and forage production, which feeds through to higher costs for feed grains and protein supply.

## Read by commodity

- UREA: bullish ▲
- NATGAS: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| UREA | 2021-10-01 | 5 | +28.9% | 7.1 | CF's closure of UK ammonia plants due to record gas costs cut nitrogen supply and pushed urea higher daily. |
| UREA | 2021-09-30 | 1 | +23.9% | 15.3 | CF's UK ammonia plant shutdowns due to record gas costs cut nitrogen supply, with urea prices rising daily. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2022-08-05 | [Nitrogen Fertilizer Prices Are Spiking as Natural Gas Soars - Bloomberg](https://feedsoft.ai/events/40356-nitrogen-fertilizer-prices-are-spiking-as-natural-gas-soars-bloomberg.md) | -4.5% | +13.6% |
| UREA | 2022-08-10 | [Urea demand grows on both price and supply issues - Farmers Weekly](https://feedsoft.ai/events/40351-urea-demand-grows-on-both-price-and-supply-issues-farmers-weekly.md) | +0.4% | +11.1% |
| UREA | 2022-08-25 | [Why are global gas prices so high?](https://feedsoft.ai/events/40207-why-are-global-gas-prices-so-high.md) | +19.3% | +12.8% |
| UREA | 2020-04-01 | [Fertiliser prices rise on stronger demand and weaker currency - Farmers Weekly](https://feedsoft.ai/events/53568-fertiliser-prices-rise-on-stronger-demand-and-weaker-currency-farmers-weekly.md) | 0.0% | -1.7% |
| UREA | 2022-12-14 | [Nitrogen fertilizer prices at mercy of global issues \| The Western Producer](https://feedsoft.ai/events/38179-nitrogen-fertilizer-prices-at-mercy-of-global-issues-the-western-producer.md) | +0.6% | -12.4% |
| NATGAS | 2022-08-05 | [Nitrogen Fertilizer Prices Are Spiking as Natural Gas Soars - Bloomberg](https://feedsoft.ai/events/40356-nitrogen-fertilizer-prices-are-spiking-as-natural-gas-soars-bloomberg.md) | +5.3% | +12.8% |
| NATGAS | 2022-08-25 | [Why are global gas prices so high?](https://feedsoft.ai/events/40207-why-are-global-gas-prices-so-high.md) | -2.9% | -20.2% |
| NATGAS | 2022-12-14 | [Nitrogen fertilizer prices at mercy of global issues \| The Western Producer](https://feedsoft.ai/events/38179-nitrogen-fertilizer-prices-at-mercy-of-global-issues-the-western-producer.md) | -25.0% | -49.3% |

## Sources

- fwi.co.uk: https://www.fwi.co.uk/business/markets-and-trends/input-prices/nitrogen-prices-soar-as-high-gas-prices-shut-down-production

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