NASHVILLE, Tenn. (RFD-TV) — The fertilizer market saw a meaningful shift this week after the Trump Administration confirmed that major fertilizers will be exempt from tariff rates — a development that immediately pressured urea values and opened the door for more normal trade flows.
According to Josh Linville of StoneX, NOLA urea dropped 6–8% on the announcement, easing one of the most significant pain points heading into spring. Some key suppliers had been facing tariffs of 30% or more, and removing those hurdles allows the U.S. to resume sourcing urea more efficiently. Linville cautions, however, that this is not a “silver bullet,” as urea still needs to trade at a level that discourages imports without incentivizing exports.
Other nitrogen markets reacted more quietly. UAN prices were steady due to limited activity and ongoing tight supply-and-demand fundamentals, and NH3 showed little movement given that the U.S. manufactures most of its own ammonia.
Phosphate saw the next-largest benefit: removing tariffs should reopen flows from Saudi Arabia, offering relief for spring, even as Russia, Morocco, and China still face other economic hurdles. Potash, sourced mainly from Canada, remains largely unaffected.
Farm-Level Takeaway: Urea and phosphate see the biggest price relief from tariff exemptions, but nitrogen markets remain tight, and spring demand will still dictate pricing momentum.
Tony St. James, RFD-TV Markets Specialist
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
·
Pork producers should prioritize health and productivity gains, hedge feed and hogs selectively, and watch Brazil’s export pace and China’s sow policy for price signals.
November 06, 2025 03:03 PM
·
For tight margins, contract grazing leverages existing acres into new income streams and spreads risk. Here are some tips for row crop farmers looking to diversify.
November 06, 2025 02:45 PM
·
Farm CPA Paul Neiffer shares insight into what these new accounts, established in provisions of the Big, Beautiful Bill, could mean for the farm families.
November 06, 2025 02:34 PM
·
Texas Cattle Feeders Association Chairman Robby Kirkland explains how the ongoing U.S.-Mexico border closure impacts feed yards that rely on Mexican cattle due to the New World Screwworm.
November 06, 2025 12:01 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
·
