... and ...
... Fertilizer costs remain a major concern as global trade disruptions and higher energy prices fuel fresh volatility for farmers and ranchers working within tight margins.
In a new Market Intel report, American Farm Bureau Federation (AFBF) Economist Faith Parum noted that while prices have not hit the record highs they reached in 2022, some products"like phosphates"are climbing higher.
"Phosphate fertilizers are leading the increase, while nitrogen products are showing month-to-month swings, and potash is rising due to trade policy risks," Parum wrote. ...
Fertilizer prices
Phosphates have had the sharpest price increase this year, with Gulf diammonium phosphate (DAP) prices rising from about $583 per ton in January 2025 to nearly $800 in August.
That's a 36% increase in less than eight months, creating new strain for already struggling crop budgets, Parum noted.
Monoammonium phosphate (MAP) has followed a similar trend, reflecting the same pressures in production costs and export availability.
Nitrogen markets have been mixed but still volatile. Urea prices rose sharply into the summer before easing modestly. Tampa ammonia settlements reached about $487 per metric ton in August, and some market signals suggest higher prices in September.
Urea Ammonium Nitrate (UAN) solutions have shown regional variation, with tighter supplies in areas farther from production hubs and import terminals, while regions closer to key river or rail transport routes have had more consistent availability. Parum said these swings highlight how quickly nitrogen prices can change in response to global trade and natural gas markets.
Potash prices are also up about 21% higher year-over-year globally, supported in part by U.S. concerns over Canadian imports and related tariff risk. ...
