Fertilizer prices rise in February

The Fertilizer Purchasing Power Index (IPCF) for February 2025 closed at 1,1, up 0,6%. Despite a recovery in the price of some commodities, the increase in the average price of fertilizers contributed to the result for the period.

In February, fertilizers showed an average increase of around 3%, driven mainly by the rise in urea and potassium chloride (KCl).

So far, the fertilizer market has been buoyant in 2025, with the end of the second corn planting season approaching and preparations and planning for the next summer harvest beginning, with an emphasis on soybeans.

It is worth paying attention to the harvest in North America, which should have a smaller soybean area this year, according to data from the United States Department of Agriculture (USDA) Annual Forum, falling below market forecasts.