# Nitrogen prices hit ceiling, drop on wholesale market | Capital Press

> US wholesale urea has fallen from a record $940 per short ton in late March to about $650 along the Gulf of Mexico. Northwest farmers have not seen relief because rail transport problems are keeping product from reaching them, and West Coast prices remain high. Suppliers expect farmers to buy hand-to-mouth while demand softens seasonally.

- Date: 2022-05-06 · published 2022-05-06T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/8655-nitrogen-prices-hit-ceiling-drop-on-wholesale-market-capital-press
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Falling wholesale nitrogen costs signal easing input pressure, but elevated regional prices and weak demand point to a cautious, wait-and-see buying pattern. Feed-grain input costs are likely to stay elevated for now.

## Read by commodity

- UREA: bearish ▼

## Sources

- capitalpress.com: https://capitalpress.com/2022/05/06/nitrogen-prices-hit-ceiling-drop-on-wholesale-market/

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