# Fert retailers fear phosphate outlook, face big urea supply losses | Farm Online | ACT

> Australian urea wholesale prices have fallen to about A$950/t from A$1390 earlier in the month, shifting from shortage toward oversupply. Retailers are criticizing the government's A$7.5 billion import underwriting scheme as distorting the local market.

- Date: 2026-06-23 · published 2026-06-23T12:00:00.000Z
- Category: policy · region Australia · magnitude low
- Page: https://feedsoft.ai/events/6818-fert-retailers-fear-phosphate-outlook-face-big-urea-supply-losses-farm-online
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

A growing global backlog of Persian Gulf product is expected to arrive by spring, pointing to further nitrogen price declines. Input cost relief for Australian livestock and grain producers is likely, though the subsidy scheme adds local price distortion.

## Read by commodity

- UREA: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2024-04-24 | [Global fertiliser prices set to drop but gas risks cause concern \| Farm Online \| ACT](https://feedsoft.ai/events/5022-global-fertiliser-prices-set-to-drop-but-gas-risks-cause-concern-farm-online-act.md) | -0.7% | -6.4% |
| UREA | 2025-01-06 | [China's urea futures hit lowest since 2023 amid oversupply, export curbs](https://feedsoft.ai/events/11884-china-s-urea-futures-hit-lowest-since-2023-amid-oversupply-export-curbs.md) | +4.0% | +14.8% |
| UREA | 2025-01-03 | [China's urea futures hit lowest since 2023 amid oversupply, export curbs](https://feedsoft.ai/events/11883-china-s-urea-futures-hit-lowest-since-2023-amid-oversupply-export-curbs.md) | +2.1% | +6.3% |
| UREA | 2021-12-02 | [China state planner to guarantee energy supply to fertiliser makers](https://feedsoft.ai/events/43913-china-state-planner-to-guarantee-energy-supply-to-fertiliser-makers.md) | -0.6% | -1.3% |
| UREA | 2022-01-27 | [Lower use of fertilizers could adversely affect wheat output: official - Markets - Business Recorder](https://feedsoft.ai/events/43444-lower-use-of-fertilizers-could-adversely-affect-wheat-output-official-markets.md) | -5.6% | -7.4% |

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/9297594/fert-retailers-fear-phosphate-outlook-face-big-urea-supply-losses/

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