# Urea price climbs on global demand/currency - Grain Central

> Urea prices have risen about $10/t per week over the past six weeks, from around $440/t to roughly $500/t. Australian Fertiliser Services Association chairman Craig Swan attributed the increase to world supply and demand factors and currency movements.

- Date: 2018-07-18 · published 2018-07-18T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/63972-urea-price-climbs-on-global-demand-currency-grain-central
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher urea costs raise farm input costs for corn and other crops, which can shift acreage and influence future grain supply. The price rise reverses a long run of low fertilizer prices.

## Read by commodity

- CORN: neutral
- UREA: bullish ▲

## Sources

- graincentral.com: https://www.graincentral.com/cropping/urea-price-climbs-on-global-demand-currency/

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