Fertilizer costs are also top of mind during geopolitical turmoil.
Josh Linville with StoneX says the numbers are telling an interesting story right now.
“Truthfully, I have been surprised prices haven’t been higher. What other things have been keeping a lid on these fertilizer prices from going higher than where they are today is lower grain prices. Obviously, farmers everywhere are talking about the fact that grain prices are not great, they’re not attractive, and so that is keeping the lid because I think the fertilizer industry knows the farmers just can’t buy these values, certainly not ahead of next spring.”
Fertilizer prices have been relatively steady over the last few days. Analysts with DTN found no significant moves last week, with anhydrous falling in price over the last month. Seven of the eight major types are more expensive than a year ago, with urea holding 25 percent above 2024. Potash, on the other hand, is lower in price, falling around seven percent on the year.
Only properly documented, unexhausted fertilizer applied by prior owners may qualify for Section 180 expensing; broader nutrient-based claims carry significant legal and tax risk.
November 19, 2025 12:52 PM
·
Urea and phosphate see the biggest price relief from tariff exemptions, but nitrogen markets remain tight, and spring demand will still dictate pricing momentum.
November 19, 2025 12:31 PM
·
Stagger buys and diversifies fertilizer sources — watch CBAM, India’s tenders, and Brazil’s import pace to time urea, phosphate, and potash purchases.
November 07, 2025 11:16 AM
·
Recognizing phosphorus and potash as critical minerals underscores their importance in crop production and food security, providing producers with an added layer of risk protection.
November 06, 2025 03:40 PM
·
Global nitrogen and phosphate prices remain high despite improved supply fundamentals, with limited Chinese exports and stronger fall applications tightening availability.
November 06, 2025 11:16 AM
·
Rabobank’s outlook signals a tightening margin environment, emphasizing the need for cost control, trade stability, and clearer policy signals heading into 2026.
October 31, 2025 11:44 AM
·
