# Alberta farmers see cost of fertilizer jump as grain prices rise  | Globalnews.ca

> Southern Alberta farmers report phosphate fertilizer costs rising from about $650 to $950 per tonne since last fall. Fertilizer Canada attributes the increase to sharply higher prices for wheat, canola, soybeans and corn, which encourage heavier fertilizer use.

- Date: 2021-06-01 · published 2021-06-01T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/6419-alberta-farmers-see-cost-of-fertilizer-jump-as-grain-prices-rise-globalnews-ca
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Higher phosphate costs raise production expenses for Canadian grain and canola growers, which can tighten the supply of meal and grain used in feed. Strong grain prices offset some of the cost pressure.

## Read by commodity

- DAP: bullish ▲
- CANMEAL: neutral

## Sources

- globalnews.ca: https://globalnews.ca/news/7912591/alberta-farmers-cost-fertilizer-grain-prices/

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