# High fertilizer prices weigh on US corn farmers’ pockets and sentiment 02.11.2021 - UkrAgroConsult

> Fertiliser prices have reached near-record highs, with US Illinois data showing urea at $810/mt versus $352 a year earlier and DAP at $814/mt. Some US farmers are considering switching from corn to soybeans for the 2022-23 season because corn is more fertiliser-intensive.

- Date: 2021-11-02 · published 2021-11-02T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/5554-high-fertilizer-prices-weigh-on-us-corn-farmers-pockets-and-sentiment-02-11
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Higher fertiliser costs may reduce US corn acreage and nitrogen application rates, which could tighten future corn supply and support feed grain prices.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- UREA: bullish ▲

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/high-fertilizer-prices-weigh-on-us-corn-farmers-pockets-and-sentiment/

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