fertilizer prices today, March 24, 2022: DAP and Urea prices slightly decreased. NPK fertilizer adjusted up. Farmers around the world are feeling the heat of fertilizer prices – which have now soared to an all-time high. According to Fortune, Green Markets’ North American fertilizer price index shows that fertilizer prices last week were nearly 10% higher than the week before, and the highest price ever recorded. Fertilizer prices are now 40% higher than a month ago, before Russia launched a special military operation in Ukraine on February 24. The high fertilizer prices show the dependence of farms around the world on Russian fertilizer exports. According to data from the complex economic observatory, Russia was the world’s leading fertilizer exporter in 2019, with fertilizer trade volume reaching nearly $9 billion. #fertilizer_price #farmers #western_region #fertilizer_price #fertilizer #fertilizer #fertilizer #potassium_price #agriculture #fertilizer #agricultural materials
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