# Fertilizer prices continue to increase with no top in sight | Quality Farm Supply

> Fertilizer prices continue to climb, with urea futures at Gulf ports up about 168 percent year to date. Natural gas, the main feedstock for nitrogen, has surged, and Henry Hub futures hit a nearly 13-year high.

- Date: 2021-11-22 · published 2021-11-22T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/8139-fertilizer-prices-continue-to-increase-with-no-top-in-sight-quality-farm-supply
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Natural gas accounts for 75-90 percent of nitrogen production costs, so a gas rally feeds through to higher nitrogen prices for corn and wheat with a lag.

## Read by commodity

- UREA: bullish ▲
- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2022-01-31 | [Fertilizer Price Increases: Should Farmers be Worried?](https://feedsoft.ai/events/43465-fertilizer-price-increases-should-farmers-be-worried.md) | -3.8% | -13.8% |
| NATGAS | 2022-01-05 | [Little relief in sight on fertiliser supply and price - Farmers Weekly](https://feedsoft.ai/events/4589-little-relief-in-sight-on-fertiliser-supply-and-price-farmers-weekly.md) | +12.9% | +63.0% |
| NATGAS | 2023-07-26 | [The increase in the price of oil led to an increase in the prices of gas and nitrogen fertilizers](https://feedsoft.ai/events/7009-the-increase-in-the-price-of-oil-led-to-an-increase-in-the-prices-of-gas-and.md) | -6.3% | -4.6% |
| NATGAS | 2023-09-19 | [Global supply constraints push up UK fertiliser prices - Farmers Weekly](https://feedsoft.ai/events/34019-global-supply-constraints-push-up-uk-fertiliser-prices-farmers-weekly.md) | +0.1% | +15.6% |
| NATGAS | 2024-07-16 | [5 Reasons Fertilizer Prices Are High Right Now - AgWeb](https://feedsoft.ai/events/29179-5-reasons-fertilizer-prices-are-high-right-now-agweb.md) | +3.8% | +0.2% |
| UREA | 2020-06-19 | [Sharp increase in SA fertiliser prices due to weak rand](https://feedsoft.ai/events/52920-sharp-increase-in-sa-fertiliser-prices-due-to-weak-rand.md) | +0.6% | +6.2% |
| UREA | 2022-01-31 | [Fertilizer Price Increases: Should Farmers be Worried?](https://feedsoft.ai/events/43465-fertilizer-price-increases-should-farmers-be-worried.md) | -5.9% | +6.1% |
| UREA | 2022-04-06 | [Nitrogen Fertilizer Prices and Supply in Light of the Ukraine-Russia Conflict - farmdoc daily](https://feedsoft.ai/events/42133-nitrogen-fertilizer-prices-and-supply-in-light-of-the-ukraine-russia-conflict.md) | -3.9% | -24.2% |

## Sources

- qualityfarmsupply.com: https://www.qualityfarmsupply.com/blogs/news/fertilizer-prices-continue-to-increase-with-no-top-in-sight

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