Stack of 100 dollar billsWhile urea prices have more than doubled in the last 15 months, farmers lament on the series of events that have culminated in record-high prices. Increased market prices, Hurricane Ida, and trade and logistics obstacles have brought greater attention to fertilizer supply and demand. And sky-rocketing prices aren’t just impacting urea. Phosphate prices have jumped, along with nearly every fertilizer out there. Analysts are anticipating this trend will continue through the rest of the calendar year as trade flow continues to be tight. See more insights on the increased fertilizer prices.