# Farmers Encouraged to Plan and Budget for High Fertilizer Prices — Extension and Ag Research News

> North Dakota State University Extension warned farmers that fertilizer prices are the highest in four years, with DTN reporting national average urea at $418 per ton and DAP and MAP above $500 per ton as of May 10. The price pressure comes as USDA expects nearly 1 million more acres of corn in North Dakota, a heavy nitrogen user. Extension advised pre-pricing fertilizer in late fall and winter, when prices typically run lower.

- Date: 2019-05-13 · published 2019-05-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/59035-farmers-encouraged-to-plan-and-budget-for-high-fertilizer-prices-extension-and
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Elevated nitrogen and phosphate costs raise the input cost base for feed grains at a time of thin margins, supporting fertilizer prices while weakening farm budgets. Buyers should expect firm input costs to persist into the planting season.

## Read by commodity

- DAP: bullish ▲
- UREA: bullish ▲

## Sources

- ag.ndsu.edu: https://www.ag.ndsu.edu/news/newsreleases/2019/may-13-2019/farmers-encouraged-to-plan-and-budget-for-high-fertilizer-prices

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