# Corn and Fertilizer Prices: Correlation Doesn't Mean Causation

> DTN analyst Elaine Kub argues that corn and fertilizer prices have historically moved together but the relationship is not causal. She notes urea prices are 13% higher and anhydrous 24% higher since last fall as the 2019 planting season begins.

- Date: 2019-03-27 · published 2019-03-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/60406-corn-and-fertilizer-prices-correlation-doesn-t-mean-causation
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Fertilizer prices rising into planting while corn prices remain low squeezes grower margins, which can shift acreage decisions and affect future corn supply.

## Read by commodity

- CORN: neutral
- UREA: bullish ▲

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2019/03/27/corn-fertilizer-prices-correlation

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