# Fertiliser prices start to ease but full recovery still distant | News | The Grocer

> Fertilizer prices are returning toward historical averages after two turbulent years driven by the Russia-Ukraine conflict and high energy costs. Rabobank's affordability index is forecast to rise from 0.25 to 0.30 by December, and urea is already below its historical level. Nitrogen and phosphate prices are expected to keep declining as gas costs fall.

- Date: 2023-06-01 · published 2023-06-01T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/8827-fertiliser-prices-start-to-ease-but-full-recovery-still-distant-news-the-grocer
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Improving fertilizer affordability eases margin pressure on farms that buy inputs, while falling gas costs weigh on nitrogen production economics. The outlook is for gradual declines rather than a sharp drop.

## Read by commodity

- UREA: bearish ▼
- NATGAS: bearish ▼

## Sources

- thegrocer.co.uk: https://www.thegrocer.co.uk/news/fertiliser-prices-start-to-ease-but-full-recovery-still-distant/679793.article

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