# Agriculture Market Update: Q1 2026 in Review | INN

> World Bank and Trading Economics data show DAP rising from $619 per ton in January to about $692 by late March, and potash reaching $488, its highest since February 2023. The US-Iran war that began February 28 and Chinese export restrictions are pushing phosphate prices higher.

- Date: 2026-04-07 · published 2026-04-07T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/9777-agriculture-market-update-q1-2026-in-review-inn
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Export curbs from China, the top phosphate exporter, combined with war-related disruption point to continued phosphate and potash price strength through 2026, raising costs for feed-grain producers.

## Read by commodity

- DAP: bullish ▲
- POTASH: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2023-02-20 | [World’s fertilizer market in turmoil](https://feedsoft.ai/events/37253-world-s-fertilizer-market-in-turmoil.md) | -5.5% | -1.0% |
| DAP | 2024-05-06 | [Morocco's surging role in the global phosphate market - The Morocco Post](https://feedsoft.ai/events/30592-morocco-s-surging-role-in-the-global-phosphate-market-the-morocco-post.md) | +3.6% | +7.7% |
| DAP | 2026-08-11 | [Fertilizer Crisis Response Bulletin #24 – Argus’ Fertilizer Crisis Update - IFDC](https://feedsoft.ai/events/17861-fertilizer-crisis-response-bulletin-24-argus-fertilizer-crisis-update-ifdc.md) | 0.0% | -0.3% |
| DAP | 2026-05-13 | [Fertilizer analyst: Lowest phosphate price for 2026 may have passed \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/19598-fertilizer-analyst-lowest-phosphate-price-for-2026-may-have-passed-agri-pulse.md) | +2.0% | +3.3% |
| DAP | 2024-03-25 | [Fertilizer industry weighs up war impacts \| Latest Market News](https://feedsoft.ai/events/31147-fertilizer-industry-weighs-up-war-impacts-latest-market-news.md) | -10.7% | -13.4% |

## Sources

- investingnews.com: https://investingnews.com/agriculture-forecast/

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