# Chemical, fertilizer price slides may be near bottom | The Western Producer

> Fertilizer and agrochemical prices, which fell sharply from 2022 peaks, may be nearing a bottom according to Canadian industry officials. Retail glyphosate prices have dropped to $6.50-7 per litre from $12 a year earlier, and wholesale and retail inventories in Canada are described as thin.

- Date: 2023-07-28 · published 2023-07-28T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/4756-chemical-fertilizer-price-slides-may-be-near-bottom-the-western-producer
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Thin channel inventories and expected fall buying could firm input prices after a steep decline. The effect on feed-grain margins is modest, but it points to a possible turn in input costs.

## Read by commodity

- DAP: neutral
- UREA: bullish ▲
- POTASH: neutral

## Sources

- producer.com: https://www.producer.com/markets/chemical-fertilizer-price-slides-may-be-near-bottom/

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