# Fertilizer costs triple from year ago 23.11.2021 - UkrAgroConsult

> Oklahoma wheat producers report nitrogen fertilizer costs of $635 to $700 per ton, up from $220 to $275 a year earlier. Cash wheat prices have also risen sharply, to $7.81-$8.32 per bushel from about $5 a year ago.

- Date: 2021-11-23 · published 2021-11-23T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/8137-fertilizer-costs-triple-from-year-ago-23-11-2021-ukragroconsult
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Nitrogen now represents a large share of wheat production cost, which may reduce planting or application and tighten future wheat supply while keeping farmers reliant on higher grain prices.

## Read by commodity

- UREA: bullish ▲
- KWHEAT: bullish ▲

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/fertilizer-costs-triple-from-year-ago/

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