# Fertilizer Prices Sag Most Since 2009 in Break for Red-Hot Rally - Bloomberg

> The Green Markets North American Fertilizer Price Index fell 12% in the week, its largest drop since 2009. Urea prices swung by more than $100 per short ton on each day of the week as buyers and sellers assessed spring demand. European natural gas prices also eased from recent highs.

- Date: 2022-01-07 · published 2022-01-07T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/4582-fertilizer-prices-sag-most-since-2009-in-break-for-red-hot-rally-bloomberg
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Lower nitrogen fertilizer prices reduce feed-grain production costs for the coming season, though volatility makes forward pricing harder. Easing gas costs also reduce pressure on nitrogen production economics.

## Read by commodity

- UREA: bearish ▼
- NATGAS: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| UREA | 2022-01-05 | 1 | -15.6% | -10.5 | Describes the sharp fertilizer price drop and extreme daily urea swings that week as buyers and sellers reassessed spring demand, and it confirms the selloff, but it was published after the move so it is more a description than a cause. |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2022-01-07/fertilizer-prices-sag-most-since-2009-in-break-for-red-hot-rally

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