# Season, low prices fire up urea applications, despite COVID supply risk - Grain Central

> Rabobank's Global Fertiliser Outlook says global fertiliser prices are near 10-year lows, with urea, phosphate and potash all down. Australian winter-crop area is expected to rise 26% this year, lifting urea demand. The report warns COVID-19 raises the risk of isolated shortages and price spikes.

- Date: 2020-07-16 · published 2020-07-16T12:00:00.000Z
- Category: report · region Australia · magnitude low
- Page: https://feedsoft.ai/events/52424-season-low-prices-fire-up-urea-applications-despite-covid-supply-risk-grain
- 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

Low input prices support farm margins and planted area, but supply-chain risk could quickly reverse fertilizer prices, which feed into grain and oilseed production costs.

## Read by commodity

- DAP: neutral
- UREA: neutral
- POTASH: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2025-03-20 | [High global phosphate prices pose potential food security risks \| IFPRI](https://feedsoft.ai/events/25903-high-global-phosphate-prices-pose-potential-food-security-risks-ifpri.md) | -0.7% | +5.8% |
| UREA | 2023-05-21 | [Fertilizer Prices Mixed- Urea Climbs, Anhydrous Lower \| Farm Policy News \| Illinois](https://feedsoft.ai/events/5366-fertilizer-prices-mixed-urea-climbs-anhydrous-lower-farm-policy-news-illinois.md) | -14.9% | -20.2% |
| UREA | 2022-09-27 | [Fertilizer Prices, Rates, and Costs for 2023 - farmdoc daily](https://feedsoft.ai/events/11906-fertilizer-prices-rates-and-costs-for-2023-farmdoc-daily.md) | -5.7% | -9.1% |
| UREA | 2026-01-23 | [Natural-gas prices have overshot as deep freeze hits the U.S., says Goldman - MarketWatch](https://feedsoft.ai/events/4407-natural-gas-prices-have-overshot-as-deep-freeze-hits-the-u-s-says-goldman.md) | +1.5% | +12.9% |
| UREA | 2022-09-29 | [Fertilizer Prices Remain “Considerably Higher” Than Last Year, as Hurricane Ian Could Worsen Outlook \| Farm Policy News \| Illinois](https://feedsoft.ai/events/11905-fertilizer-prices-remain-considerably-higher-than-last-year-as-hurricane-ian.md) | -4.2% | -9.1% |
| DAP | 2021-01-05 | [Global fertiliser price outlook positive news for Australian growers - Grain Central](https://feedsoft.ai/events/11957-global-fertiliser-price-outlook-positive-news-for-australian-growers-grain.md) | +0.3% | +37.4% |
| DAP | 2020-04-27 | [DAP offtake records a 21 percent growth despite govt's lockdown policy](https://feedsoft.ai/events/4142-dap-offtake-records-a-21-percent-growth-despite-govt-s-lockdown-policy.md) | -6.4% | -7.5% |
| DAP | 2022-09-27 | [Fertilizer Prices, Rates, and Costs for 2023 - farmdoc daily](https://feedsoft.ai/events/11906-fertilizer-prices-rates-and-costs-for-2023-farmdoc-daily.md) | -2.6% | -2.2% |

## Sources

- graincentral.com: https://www.graincentral.com/cropping/season-low-prices-fire-up-urea-applications-despite-covid-supply-risk/

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