# The Price of Fertilizer Has Soared, May Remain High for Longer - Bloomberg

> Phosphate and potash prices have risen sharply since late 2020 due to tight supplies, strong demand and geopolitical uncertainty in key producing nations. Mosaic said inventories are not building, so prices will likely stay elevated longer than expected. Brazilian farm margins are also under pressure from costly fertilizer despite record crop profits.

- Date: 2021-07-07 · published 2021-07-07T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/45994-the-price-of-fertilizer-has-soared-may-remain-high-for-longer-bloomberg
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Persistently high phosphate and potash costs raise production expenses for feed grains and oilseeds, which can curb planted area and support crop prices over time.

## Read by commodity

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

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2021-07-07/stronger-for-longer-fertilizer-prices-to-eat-into-farmer-profits

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