# Fertilizer Prices Fall to Lowest Levels in a Decade, Economist Says

> An agricultural economist reports that US fertilizer prices are at their lowest levels in about a decade, with anhydrous ammonia near $500 per ton versus about $600 last year. DAP has fallen 22% year over year. Farm diesel is also 27% lower than a year earlier.

- Date: 2020-04-06 · published 2020-04-06T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/53953-fertilizer-prices-fall-to-lowest-levels-in-a-decade-economist-says
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Cheap fertilizer and diesel lower planting costs for a large expected corn crop, which is bearish for fertilizer prices and adds to corn supply.

## Read by commodity

- DAP: bearish ▼
- CORN: bearish ▼
- UREA: bearish ▼

## Sources

- agriculture.com: https://www.agriculture.com/news/crops/fertilizer-prices-fall-to-lowest-levels-in-a-decade-economist-says

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