# The high cost of farming: Anhydrous costs skyrocket

> Average Illinois anhydrous ammonia prices reached $710 per ton, up 65% from last fall's lows according to USDA. Analysts expect fall fertilizer and propane costs to be much higher than last year because of global acreage expansion and pandemic supply chain disruptions. Retailers are not yet locking in prices.

- Date: 2021-07-08 · published 2021-07-08T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/46385-the-high-cost-of-farming-anhydrous-costs-skyrocket
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Rising anhydrous and propane costs raise the cost of corn production and signal higher US nitrogen input prices into the fall buying season, which can support corn prices over time.

## Read by commodity

- CORN: bullish ▲
- UREA: bullish ▲

## Sources

- farmprogress.com: https://www.farmprogress.com/business/anhydrous-costs-skyrocket

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