# 2021 Fertilizer Price Increases in Perspective, with Implications for 2022 Costs - farmdoc daily

> University of Illinois and Ohio State economists report that fertilizer prices in Illinois rose more than 50% over the past year. They project near-record fertilizer costs for 2022 corn and soybean production, though below the 2008 peak.

- Date: 2021-08-03 · published 2021-08-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/45882-2021-fertilizer-price-increases-in-perspective-with-implications-for-2022-costs
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Higher input costs for 2022 can cut expected acreage returns and support fertilizer prices while shaping feed grain production economics.

## Read by commodity

- DAP: bullish ▲
- UREA: bullish ▲

## Sources

- farmdocdaily.illinois.edu: https://farmdocdaily.illinois.edu/2021/08/2021-fertilizer-price-increases-in-perspective-with-implications-for-2022-costs.html

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