# Urea Drops Below $600 Per Ton for First Time Since September 2021

> US retail fertilizer prices fell for a second straight week in the third week of July 2023, with urea averaging $596/ton, below $600 for the first time since September 2021. Anhydrous fell 6% month on month, while the other major fertilizers eased slightly. A strike at the Port of Vancouver had also forced Nutrien to limit export capacity at a potash mine.

- Date: 2023-07-26 · published 2023-07-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/5885-urea-drops-below-600-per-ton-for-first-time-since-september-2021
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Lower retail nitrogen prices ease input costs for US crop producers, although the potash export disruption partly offsets the decline. Feed-grain demand and prices are not directly changed by this retail move.

## Read by commodity

- UREA: bearish ▼
- POTASH: bullish ▲

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/crops/article/2023/07/26/urea-drops-600-per-ton-first-time

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