# A rare 2016 bright spot | Hay and Forage Magazine

> Michigan State Extension, citing USDA's Illinois Production Cost Report, showed bulk fertilizer prices in December 2016 well below December 2015, with anhydrous ammonia down 28%, potash and UAN down 24%, DAP down 22%, and urea down 17%. Extension educators noted weak grain prices and oversupply across major fertilizers.

- Date: 2017-01-10 · published 2017-01-10T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/73284-a-rare-2016-bright-spot-hay-and-forage-magazine
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [DAP](https://feedsoft.ai/c/DAP.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower input costs help feed producers' margins, but weak crop prices and oversupply signal fertilizer demand will stay sluggish, keeping downward pressure on fertilizer prices near term.

## Read by commodity

- DAP: bearish ▼
- CORN: neutral
- UREA: bearish ▼
- POTASH: bearish ▼

## Sources

- hayandforage.com: https://www.hayandforage.com/article-1098-A-rare-2016-bright-spot.html

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