# Costs up, prices down

> Ammonia and other nitrogen fertiliser prices jumped sharply in the week, with news that ammonia costs could move significantly higher. Grain futures fell on Monday and were trying to recover while markets awaited a two-day Federal Reserve meeting.

- Date: 2017-01-31 · published 2017-01-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/73287-costs-up-prices-down
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Higher nitrogen input costs squeeze farm margins and can shift acreage decisions away from corn, which is supportive for corn prices over the medium term.

## Read by commodity

- CORN: bullish ▲
- UREA: bullish ▲

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/costs-up-prices-down

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