# Global Fertilizer Markets Today - IFDC

> Middle East urea prices fell to about $630/mt as of Week 13, still 28% above pre-war levels. DAP and MAP prices remained high and stable, while Strait of Hormuz tensions continue to add risk premiums to fertilizer and energy markets.

- Date: 2026-06-02 · published 2026-06-02T12:00:00.000Z
- Category: geopolitics · region Middle East · magnitude medium
- Page: https://feedsoft.ai/events/7282-global-fertilizer-markets-today-ifdc
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Persistent geopolitical risk and elevated energy and freight costs keep fertilizer input costs high, which feeds into higher feed production costs.

## Read by commodity

- DAP: bullish ▲
- WTI: neutral
- UREA: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| UREA | 2026-06-04 | 5 | -21.5% | -4.7 | Middle East urea fell to about $630/mt, confirming the price decline in a key export region despite lingering Hormuz risk premium. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2026-04-13 | [War Stresses Global Fertilizer Markets \| Rabobank](https://feedsoft.ai/events/19637-war-stresses-global-fertilizer-markets-rabobank.md) | +1.2% | -13.1% |
| UREA | 2025-09-23 | [What Would Global Sanctions Against Russia Do to Fertilizer Markets?](https://feedsoft.ai/events/22778-what-would-global-sanctions-against-russia-do-to-fertilizer-markets.md) | -1.1% | -5.4% |
| UREA | 2025-01-21 | [A global look at the fertilizer market - Brownfield Ag News](https://feedsoft.ai/events/26814-a-global-look-at-the-fertilizer-market-brownfield-ag-news.md) | +1.2% | +14.1% |
| UREA | 2026-04-01 | [The Iran war’s impacts on global fertilizer markets and food production](https://feedsoft.ai/events/19643-the-iran-war-s-impacts-on-global-fertilizer-markets-and-food-production.md) | +10.6% | +7.6% |
| UREA | 2023-02-20 | [World’s fertilizer market in turmoil](https://feedsoft.ai/events/37253-world-s-fertilizer-market-in-turmoil.md) | +1.8% | -3.8% |
| DAP | 2026-04-13 | [War Stresses Global Fertilizer Markets \| Rabobank](https://feedsoft.ai/events/19637-war-stresses-global-fertilizer-markets-rabobank.md) | +0.3% | +5.2% |
| DAP | 2025-09-23 | [What Would Global Sanctions Against Russia Do to Fertilizer Markets?](https://feedsoft.ai/events/22778-what-would-global-sanctions-against-russia-do-to-fertilizer-markets.md) | -3.2% | -1.7% |
| DAP | 2023-02-20 | [World’s fertilizer market in turmoil](https://feedsoft.ai/events/37253-world-s-fertilizer-market-in-turmoil.md) | -5.5% | -1.0% |

## Sources

- ifdc.org: https://ifdc.org/2026/06/02/global-fertilizer-markets-today/

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