
Agricultural economist David Widmar says record-high fertilizer prices are expected to persist into the 2027 crop year. DAP and MAP prices are about 10% higher than in the spring, and 2027 is expected to be the third most expensive corn fertilizer year on record.
Corn costs about $103 per acre more than soybean costs.
Higher phosphate and nitrogen costs make corn more expensive to grow than soybeans, which could shift 2027 acreage toward soybeans and tighten corn supply expectations. Sustained input costs also support DAP prices.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.