# AgriMarketing.com - U Of Illinois Economist Issues Report On Fertilizer Price Trends

> A University of Illinois economist reported that fertilizer prices have fallen since 2013, with central Illinois corn fertilizer costs dropping from $200 per acre in 2012 to $154 in 2016. A further $20 per acre decline is expected for 2017, and the 2017 anhydrous ammonia average of $509 per ton is the lowest since 2009.

- Date: 2017-07-13 · published 2017-07-13T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/70283-agrimarketing-com-u-of-illinois-economist-issues-report-on-fertilizer-price
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Lower fertilizer costs reduce production expenses for corn and soybean growers, which can support acreage and output over time. The price effect on feed grains is indirect, but cheaper inputs weigh on fertilizer prices.

## Read by commodity

- DAP: bearish ▼
- UREA: bearish ▼
- POTASH: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2023-01-26 | [AgriMarketing.com - DTN Reports Fertilizer Prices Have Fallen To Their Lowest Level In 15 Months](https://feedsoft.ai/events/5868-agrimarketing-com-dtn-reports-fertilizer-prices-have-fallen-to-their-lowest.md) | -15.2% | -20.7% |
| UREA | 2024-04-03 | [Fertilizer Market Insights: Planting Report, YTD Urea NOLA Prices, Indian Tender Results, North American Price - Genesis Fertilizers](https://feedsoft.ai/events/5303-fertilizer-market-insights-planting-report-ytd-urea-nola-prices-indian-tender.md) | -7.2% | -7.9% |
| UREA | 2024-04-29 | [AgriMarketing.com - Rabobank: Global Fertilizer Growth Expected Despite Market Challenges](https://feedsoft.ai/events/30659-agrimarketing-com-rabobank-global-fertilizer-growth-expected-despite-market.md) | -7.7% | -6.1% |
| UREA | 2023-12-17 | [International Fertilizer Price Report: Nov 2023 Updates and Analysis -](https://feedsoft.ai/events/33042-international-fertilizer-price-report-nov-2023-updates-and-analysis.md) | +1.6% | +2.4% |
| UREA | 2022-11-29 | [New Report Predicts More Stable Fertilizer Markets for 2023](https://feedsoft.ai/events/38997-new-report-predicts-more-stable-fertilizer-markets-for-2023.md) | -4.0% | -7.5% |
| DAP | 2020-07-03 | [Global fertilizer prices expected to remain low over second half of 2020 - RealAgriculture](https://feedsoft.ai/events/52429-global-fertilizer-prices-expected-to-remain-low-over-second-half-of-2020.md) | +3.3% | +12.5% |
| DAP | 2023-04-08 | [Global Fertilizer Price Updates: March’ 2023 -](https://feedsoft.ai/events/5937-global-fertilizer-price-updates-march-2023.md) | +9.5% | -3.4% |
| DAP | 2024-05-15 | [Retail Fertilizer Prices Mixed; More Are Lower Than Higher](https://feedsoft.ai/events/30186-retail-fertilizer-prices-mixed-more-are-lower-than-higher.md) | 0.0% | +1.6% |

## Sources

- agrimarketing.com: https://www.agrimarketing.com/s/111159

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