
US retail urea prices rose 5% in late February 2026 to $611 per ton, the largest monthly jump among major fertilizers. DAP averaged $853 per ton, MAP $880, potash $486, and anhydrous $865.
Only 10-34-0 declined slightly.
Rising retail nitrogen and phosphate costs raise spring planting budgets, which can shift acreage toward soybeans and temper corn planting intentions.
After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.