# Fertilizer prices soaring as natural-gas rally adds to ‘perfect storm’ - MarketWatch

> Fertilizer prices were already high in 2021 before a European energy crisis pushed them higher. Rabobank's research director described a 'perfect storm' that could lift prices for several macronutrients and raise food-inflation worries.

- Date: 2021-10-08 · published 2021-10-08T12:00:00.000Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/5906-fertilizer-prices-soaring-as-natural-gas-rally-adds-to-perfect-storm-marketwatch
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Natural gas is the main feedstock for nitrogen fertilizer, so a gas rally raises production costs and supports fertilizer prices. Higher input costs squeeze feed-grain margins and can flow through to feed prices.

## Read by commodity

- DAP: bullish ▲
- UREA: bullish ▲
- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2022-08-05 | [Nitrogen Fertilizer Prices Are Spiking as Natural Gas Soars - Bloomberg](https://feedsoft.ai/events/40356-nitrogen-fertilizer-prices-are-spiking-as-natural-gas-soars-bloomberg.md) | -4.5% | +13.6% |
| UREA | 2021-09-25 | [Global Natural Gas Prices Are Soaring : NPR](https://feedsoft.ai/events/7926-global-natural-gas-prices-are-soaring-npr.md) | +27.6% | +32.7% |
| UREA | 2025-02-21 | [Friday’s Insider: Urea and gas prices — market in transition — Fertilizer Daily](https://feedsoft.ai/events/26365-friday-s-insider-urea-and-gas-prices-market-in-transition-fertilizer-daily.md) | -0.5% | -4.7% |
| UREA | 2021-09-23 | [Fertiliser companies keep an eye on soaring gas prices](https://feedsoft.ai/events/45388-fertiliser-companies-keep-an-eye-on-soaring-gas-prices.md) | +2.2% | +39.6% |
| UREA | 2022-01-19 | [High natural gas prices could lead to spike in food costs through fertilizer link \| S&P Global](https://feedsoft.ai/events/43069-high-natural-gas-prices-could-lead-to-spike-in-food-costs-through-fertilizer.md) | -0.3% | -11.2% |
| NATGAS | 2022-08-05 | [Nitrogen Fertilizer Prices Are Spiking as Natural Gas Soars - Bloomberg](https://feedsoft.ai/events/40356-nitrogen-fertilizer-prices-are-spiking-as-natural-gas-soars-bloomberg.md) | +5.3% | +12.8% |
| NATGAS | 2021-09-25 | [Global Natural Gas Prices Are Soaring : NPR](https://feedsoft.ai/events/7926-global-natural-gas-prices-are-soaring-npr.md) | +9.7% | +1.4% |
| NATGAS | 2021-06-25 | [Natural gas prices rally as global shortages abound](https://feedsoft.ai/events/46762-natural-gas-prices-rally-as-global-shortages-abound.md) | +10.5% | +21.6% |

## Sources

- marketwatch.com: https://www.marketwatch.com/story/fertilizer-prices-soaring-as-natural-gas-rally-adds-to-perfect-storm-11633699973

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