Product was successfully added to your shopping cart.
Fertilizer prices july 2021. 28% from the previous day.
Fertilizer prices july 2021. As can be seen, anhydrous ammonia prices were $788 per ton last year and are now $1,318 per ton. As such, their levels are indicative of market imbalances that, for example, can portend to During 2021 and 2022, global food and fertilizer prices spiked due to several overlapping factors. High energy and fertilizer prices are more damaging than food export curtailment from Ukraine and Russia for food prices, health and the environment Received: 12 July 2022 More nitrogen fertilizer should return to the world market in 2025, but some issues such as weather and geopolitical conflicts could affect the outlook. Between mid-2022 and mid-2023, the opposite trend took place: fertilizer prices fell faster t Monthly Average International Prices of Fertilizers in India (July to December 2013) Weighted Average (Cost and Freight) Prices of Urea Imported by India (2005-2006 to 2012-2013, upto July, 2012) While fertilizer prices have declined since spring, fertilizer prices remain high, and fertilizer costs are significantly higher than a year ago. Fertilizer price index since 2005. Fossil fuels (and air) are the main input into nitrogen fertiliser production and changes in global prices for natural gas will be Nick Paulson, Gary Schnitkey, Henrique Monaco, and Carl Zulauf - Farmers will begin to consider management decisions for the 2026 crop year as fall approaches and the 2025 growing season winds down. 25 in July. During 2021 and 2022, global food and fertilizer prices spiked due to several overlapping factors. 8%) in the second quarter of 2022 compared with the second quarter of 2021. From July 2021 to July 2022, anhydrous ammonia prices jumped to $1,469 per ton from $726 Read Fertilizer Prices, Rates, and Costs for 2023 in addition to hundreds of recent farming and agriculture news articles. FAO Food Price Index The FAO Food Price Index (FFPI) is a measure of the monthly change in international prices of a basket of food commodities. This was the largest yearly price increase among all inputs we tracked for that A strong surge in fertilizer prices in 2021 led farmers and policymakers to question the factors that drive fertilizer pricing. The database includes a set of country-specific commodity-price based During 2021 and 2022, global food and fertilizer prices spiked due to several overlapping factors. Average retail prices for six of the eight major fertilizers were higher during the second week of July 2025 compared to last month. Monthly fertiliser pricesFertiliser prices Directorate-General for Agriculture and Rural Development In June 2021, the EU approved sanctions on the Belarusian potash sector which will impact certain product trade routes. Fertilizer prices have fallen due to lower input costs and better production prospects. His initial models used corn and oil prices to predict anhydrous ammonia prices. Movements in agricultural commodity prices and food prices are indicators of changes in the fundamentals of supply and demand. Green Markets Weekly North America Fertilizer Price Index Notation The Green Markets Weekly North America Fertilizer Price Index is constructed using the fertilizer benchmark prices of US Gulf Coast Urea, US Cornbelt Potash and View live updates and historical trends for Fertilizer Price Index. Among farmers and ranchers, very few topics are being discussed as much as the skyrocketing cost of fertilizer and increasing concerns regarding availability. There-fore, higher energy prices almost always lead to higher fertilizer costs (see Figure Urea prices have gone back to 2012 Level Despite major rise in price index for all other sectors, urea prices have risen by only 1. Only the price of urea was down Global fertilizer prices experienced significant volatility in 2022, with diammonium phosphate (DAP) reaching a peak of *** U. The Ibendahl has been predicting fertilizer prices for many years. pk Break-even prices likely will be much higher in 2023 – near $5 per bushel for corn and $11 per bushel for soybeans (see farmdoc daily, December 21, 2021). Fertilizer prices Prices paid by farmers for fertilizer were up by over four-fifths (80. Hurricane Ida disrupted chemical production on the U. Over the past month, Urea's price has risen 1. This blog post, part of the World Bank's April 2024 Commodity Markets Outlook, examines recent trends and forecasts for The GB fertiliser price series aims to increase transparency in the market and help levy payers understand price trends for a key input. Producer Price Index by Industry: Phosphatic Fertilizer Manufacturing: Phosphoric Acid, Superphosphates, and Other Phosphatic Fertilizer Materials Index Dec 2009=100, Monthly, Not Seasonally Adjusted Dec 2009 to Jun 2025 (Jul 16) Mineral fertilizers, on the other hand, boost crop yields and represent an indirect form of energy demand. Some fields will AMS last reported Illinois fertilizer prices on July 29, 2021, when prices were $746 per ton for anhydrous ammonia, $717 per ton for DAP, and $600 ton for potash. The price of Rock Phosphate (CFR) has increased by AMS last reported Illinois fertilizer prices on July 29, 2021, when prices were $746 per ton for anhydrous ammonia, $717 per ton for DAP, and $600 ton for potash. Sri Lanka moved ahead with a short-lived import ban on inorganic fertilizers, and in July, China was considering an export tax on urea and phosphate fertilizers in response to domestic affordability concerns. 48% from USD 625/MT in July, 2020 to USD 1128 /MT in July, 2021. A near term decision will be pricing and purchasing nitrogen fertilizer for fall nitrogen applications. Demand rose as the world economy emerged from the COVID-19 recession; global supply chains suffered major disruptions associated with the uneven recovery; and the outbreak of the war between Russia and Ukraine—both key food and fertilizer fertilizer prices have remained capped since July 2021. Ibendahl added inflation expectations to the model in his February 2022 estimate and the line and subsequent recovery in global fertilizer use. Therefore, reducing rates where practicable seems prudent. Fertilizer prices have returned to 2021 levels, but remain inflated by high production costs and tight supply Fertilizer prices, 2005-2022 Local Fertilizer Prices/ Plaaslike Kunsmispryse (Rand Terms/Rand Waarde) Highlights in the fertiliser market South Africa is faced with an ammonia shortage due to a drop in supply of natural gas from Mozambique, impacting the entire nitrogen value chain. This page includes a chart with historical data for Urea. Alison Coughlin and Tom Crane of CME Group explain how derivatives allow fertilizer market participants to protect themselves from the risk of adverse price movements. gov. Track key economic indicators and market insights with inte EU Fertilisers market analysis European Commission | Agri-food data portal | Agricultural markets | Fertiliser (europa. Gulf Coast in September 2021. By comparison, the index had fallen to minus 0. 28% from the previous day. Browse visualisations about imports, exports, prices and production. Secondly, how much do natural gas and corn prices pass through to nitrogen fertilizer prices? Furthermore, how has the relationship evolved over the last two decades? e of the U. 61%, and is up 41. Fertilizer prices have returned to 2021 levels, but remain inflated by high production costs and tight supply Fertilizer prices, 2005-2022 In late 2021, fertilizer prices began to spike alongside rising prices of natural gas—a primary input in nitrogen fertilizer production. By December 2021, average monthly spot prices of natural gas at the Henry Hub distribution Fertilizer Market Report – May 7, 2025 In this week’s fertilizer report: RaboResearch’s 2025 Global Fertilizer Outlook: Prices Up, Affordability Down; Fertilizers Jazz, Weekly review and Last Week’s North American Urea Maize production (accounts for roughly 85% of total cereal production in Kenya) in 2020– 2021 dropped by an estimated 550,000 metric tons (MT)2 due to fertilizer price increases (resulting in lower application rates), persistent failed rainfall (the most severe drought in 40 years), among other factors. 6% over the past 8 years, amidst inflation Statistics illustrates consumption, production, prices, and trade of Fertilizers in Ethiopia from 2007 to 2024. Weekly Average Retail Prices Daily Price Index Daily Cigarette Price Monitoring Daily Retail Price Range Use the Commodity Data Portal to visualize and chart the prices of 68 commodities from four commodity asset classes: energy, agriculture, fertilizers, and metals. Continuing high fertilizer prices and increases in all production costs Table 1 shows fertilizer costs computed using prices from one year ago on September 23, 2021, and current-year prices on September 22, 2021. The Fertilizer price index is based on the data from the IMF, and is indexed for Jan 2019. IFA’s fertilizer demand outlook for 2021/22 and 2022/23 has changed significantly since July 2021 (see IFA Medium-Term Fertilizer Outlook 2021-2025). If nitrogen f natural gas futures on ni would be ineffective. AfricaFertilizer encourages and coordinates partnerships and data-sharing mechanisms that provide information in two primary areas: Fertilizer statistics, such as production, trade, consumption, prices, production capacities and I. View up to date crop reports, livestock information and ag industry breaking news from farms. The forecast exhibits the market prospects through 2035. One major factor that contributed to the 40% decrease in 2021 was the high prices of fertilizers in the world market which affected both supply and demand. Demand rose as the world economy emerged from the COVID-19 recession; global supply chains suffered major disruptions Since our last update fertiliser prices have continue to fall, with 2023 prices gradually coming back down to comparable prices seen in 2021, albeit still historically higher though. Share, export, and download data using the interactive portal. The prices cover the most commonly used products: ammonium nitrate (UK produced and Department of fertilizers, Ministry of Fertilizers and Chemicals, India have recognized average International prices of fertilizers for July, 2021 and released trend for last one year. This study examines the relationship among natural gas, corn, and ferti View live updates and historical trends for US Urea Spot Price. Between mid-2021 and mid-2022, global fertilizer prices increased more than most crop prices, causing a drastic decline in fertilizer aff rdability that directly affected fertilizer purchases. Given that fertilizer costs account for approximately 15% of total For the year 2022 up until August, more than 1 million tons had already been imported, which is about 61% of 2021’s total. eu) In July 2021, producers of mineral fertilizers froze prices for their products for Russian farmers until the end of the year. E. Later it was decided to fix prices until the end of May 2022. SETTING THE SCENE: SOARING FERTILIZER PRICES CONTINUE THEIR TRAJECTORY FROM 2021 INTO 2022 International fertilizer benchmark prices, which began soaring in late 2021 have continued their trend in 2022, with many quotations reaching all-time highs month after month. China began export inspections on fertilizer inputs in October 2021 and quotas on fertilizer exports in 2022, to Urea rose to 442 USD/T on August 15, 2025, up 0. It consists of the average of five commodity group price indices Table 1 shows fertilizer costs computed using prices from one year ago on September 23, 2021, and current-year prices on September 22, 2021. When global fertilizer prices skyrocketed Industrial production of synthetic fertilizer is critical to agricultural output around the world, but a series of shocks have led to an unprecedented increase in fertilizer prices. 01, down from around 0. nfdc. This article summarizes the main developments since June 2024 and provides a short-term market outlook. Fertilizer use plays an important role in increasing agricultural production and ensuring food availability and economic accessibility: two critical components of overall food security. Today’s article provides an update on average fertilizer prices for Illinois and Demand destruction from high prices, investments in expanding global production capacity, and market adjustments to the Russia-Ukraine conflict have all been contributing factors in the decline in fertilizer prices. 1 Governance of the Agri-food Markets Market data on national and European agriculture provided by the European Commission's agricultural and rural development department. WFM offers accurate price discovery across 158 key active price benchmarks as well as current information for global fertilizer and raw material markets across the core products. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). On the average, there was more than 100% increase in price of a 50kg bag of 2020 to 145,000TZS in 2021. Corn and Natural Gas Prices: Both corn and natural gas prices are positively correlated with nitrogen fertilizer prices (see farmdoc daily, December 14, 2021, July 19, 2022, and September 27, 2022). However, for the fifth week in a row, no fertilizer saw a Stay ahead in today’s fast-moving fertilizer markets with current and historic pricing data, news and analysis of global trade flows. Table 1 shows the average price changes for nitrogen (N), phosphate (P) and potassium (K) during July last The June 2024 edition of Food Outlook offered a special feature section on the developments of the fertilizer market and elaborated on the main drivers of elevated fertilizer prices in 2022 and 2023. Monthly price of muriate of potash (MOP) worldwide from January 2017 to February 2025 (in U. 44% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Fertilizers: Market situation in 2025 and analysis of price forecasts 14 Jan 2025 Europe’s fertilizer market is experiencing one of its biggest crises in recent years, heavily influenced by rising commodity prices and geopolitical In increasingly volatile times for commodity markets, companies up and down the fertilizer supply chain are being left financially exposed to price fluctuations. dollars per metric ton) You need a Statista Account for unlimited access Rising mineral fertilizer prices and the environmental impacts of synthetic agrochemicals underline the need for sustainable, circular nutrient-recove. Demand rose as the world economy emerged from the COVID-19 recession; global supply chains suffered major disruptions associated with the uneven recovery; and the outbreak of war between Russia and Ukraine—both key food and fertilizer In September 2021, UCF had told the Zambian Business Times that “the Wonderful group would build a large fertilizer plant that will cut the importation of fertilizer for Zambia by about 60% and reduce the cost of fertilizer by about 40% due to use of local raw materials and economies of scale”. Track key economic indicators and market insights with interactive YCharts data. Natural gas is crucial in producing urea and ammonia for nitrogen-based fertilizers, covering 75-90 % of manufacturing costs. This report provides an in-depth analysis of the market for fertilizers in Ethiopia. In China, fertilizer export contr farmers from the recent increases in fertilizer prices. It suggests that natural gas futures cannot be used to reduce the risk of Fertilizer prices rise in 2025, reducing farmers' purchasing power amid geopolitical turmoil and US tariffs. Global fertilizer affordability is still weak into 2025 as high fertilizer prices — mainly for urea — continue to weigh on farmer affordability. com. fertilizer i yields. To better understand the possible impacts of future shocks on prices, agricultural production, and food security, we assess the factors at play in the 2021–22 fertilizer price The price of Phosphoric Acid (CFR) has increased by about 80. View live updates and historical trends for Potassium Chloride (Muriate of Potash) Spot Price. S. Last September, the value was 0. A notable exception is in India, where the urea maximum retail price has been kept stable for many years and EU Fertiliser Market analysis European Commission, DG Agriculture and Rural Development AGRI. Supporting files 2021 - Short term reports Short-Term Fertilizer Outlook 2021-2022 IFA Strategic Forum, Dubai, 15-17 November 2021 After record farm incomes in 2021 and 2022, commodity prices have declined while input costs have remained elevated resulting in a margin squeeze and much lower incomes in 2023 and projected for the current 2024 Tanzania fertilizer imports decreased by 40% from 662,868mt in 2020 to 395,033mt in 2021. This change is directly linked to the increase in fertilizer prices between forecasts, coupled with rising fears about fertilizer shortages. Average retail prices for seven of the eight major fertilizers were up the second full week of February 2022 compared to the previous month, with 10-34-0 up 5%. Challenges expected for nitrogen and phosphate fertilizers. As can be seen, anhydrous ammonia prices were $788 per ton last year FAOSTAT provides free access to food and agriculture data for over 245 countries and territories and covers all FAO regional groupings from 1961 to the most recent year available. RaboResearch’s 2025 Global Fertilizer Outlook: Prices Up, Affordability Down Here are five takeaways from the latest semi-annual report, including the top tariff fronts to watch for impact to EU Fertilisers market analysis Production of fertilisers and nitrogen compounds, monthly index in Euro area The other significant influence on global fertiliser prices is the price of fossil fuels, in particular natural gas. However, something occurred during the fall of 2021 that broke these earlier models because the run-up in fertilizer prices was not anticipated. Data coverage: Market In recent times, the global fertilizer market has been navigating a complex interplay of supply and demand, pricing, and policy dynamics: China's potash prices keep hitting new highs despite soft demand; international urea quotes are rising; India’s tenders are putting global prices on edge; Russia’s fertilizer exports are accelerating toward BRICS nations; and Europe has decided to In 2021, farmers who purchased nitrogen-based fertilizer early paid far less than those who waited, the economics researchers said. Taylor presented a fertilizer “affordability index”, which is measured using global fertilizer prices against global crop prices with a baseline of zero. 2022, its lowest value since the Great Recession of As noted above, factors like the price of natural gas – a significant input in the production of nitrogen fertilizer – appear to offer little by way of explaining the drastic increase in fertilizer prices in 2021 and 2022. 65 in Jan. Accounting for time from farm to mouth, this resulted in a price increase for 1 kg Download PDF Fertilizer Costs on the Rise Surging agriculture input costs, especially the prices of fertilizer and fuel, have been top of mind for many Canadian farmers as they kick off the 2022 seeding season. yyvjkocufyabgsleetnotdkowqdxwahksqslkboqmuxtyjvijetfbmvfl