# Fertilizer Market Insights: Planting Report, YTD Urea NOLA Prices, Indian Tender Results, North American Price - Genesis Fertilizers

> USDA's prospective planting estimate put US corn planted acres at about 90 million, down roughly 5% from last year. Urea NOLA prices fell 3.7% week-on-week in response to the reduced corn acreage outlook.

- Date: 2024-04-03 · published 2024-04-03T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/5303-fertilizer-market-insights-planting-report-ytd-urea-nola-prices-indian-tender
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower expected corn acres reduce US nitrogen demand, weighing on urea prices, while the report was slightly bullish for corn futures per the analyst comments.

## Read by commodity

- CORN: bullish ▲
- UREA: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| UREA | 2024-04-02 | 5 | -12.6% | -3.0 | The USDA planting report showed lower corn acreage, which cut US demand expectations and pushed NOLA urea down 3.7% week-on-week. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2023-12-17 | [International Fertilizer Price Report: Nov 2023 Updates and Analysis -](https://feedsoft.ai/events/33042-international-fertilizer-price-report-nov-2023-updates-and-analysis.md) | +1.6% | +2.4% |
| UREA | 2023-01-26 | [AgriMarketing.com - DTN Reports Fertilizer Prices Have Fallen To Their Lowest Level In 15 Months](https://feedsoft.ai/events/5868-agrimarketing-com-dtn-reports-fertilizer-prices-have-fallen-to-their-lowest.md) | -15.2% | -20.7% |
| UREA | 2022-11-29 | [New Report Predicts More Stable Fertilizer Markets for 2023](https://feedsoft.ai/events/38997-new-report-predicts-more-stable-fertilizer-markets-for-2023.md) | -4.0% | -7.5% |
| UREA | 2022-11-30 | [Report: After Two Turbulent Years, Fertilizer Markets May Start to Settle in 2023 - AgriBusiness Global](https://feedsoft.ai/events/7855-report-after-two-turbulent-years-fertilizer-markets-may-start-to-settle-in-2023.md) | +3.8% | -0.5% |
| UREA | 2022-12-07 | [Rabobank: Fertilizer Markets May Start to Settle in 2023 - Northern Ag Network](https://feedsoft.ai/events/38533-rabobank-fertilizer-markets-may-start-to-settle-in-2023-northern-ag-network.md) | -3.6% | -12.4% |
| CORN | 2026-03-04 | [U.S. Fertilizer Prices Rise in February 2026 as Urea Leads Nitrogen Market Surge](https://feedsoft.ai/events/5104-u-s-fertilizer-prices-rise-in-february-2026-as-urea-leads-nitrogen-market-surge.md) | +0.3% | +4.7% |
| CORN | 2022-07-05 | [Impacts and Repercussions of Price Increases on the Global Fertilizer Market](https://feedsoft.ai/events/40415-impacts-and-repercussions-of-price-increases-on-the-global-fertilizer-market.md) | +1.9% | -14.6% |
| CORN | 2022-03-31 | [PF Report Reaction: Corn, soybean planting intentions shock markets - Pro Farmer](https://feedsoft.ai/events/42295-pf-report-reaction-corn-soybean-planting-intentions-shock-markets-pro-farmer.md) | +4.1% | +5.9% |

## Sources

- genesisfertilizers.com: https://genesisfertilizers.com/2024/04/03/fertilizer-market-insights-planting-report-ytd-urea-nola-prices-indian-tender-results-north-american-price/

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