Rise in fertilizer prices

International fertilizer prices rose by more than 50% in one year. In recent weeks, they have risen by 20% due to the conflict in the Middle East, which has begun to drive up production costs and reduce farmers’ profit margins.

Between January 2025 and March 2026, urea fertilizer rose from US$537 to US$787 per ton—a 46.7% increase—while diammonium phosphate (DAP) rose 57.2%, from US$751 to US$1,181; and monoammonium phosphate (MAP) rose 53.6%, from US$786 to US$1,208 per ton.

According to Juan Carlos Anaya, director of the Agricultural Markets Consulting Group (GCMA), the increase is due to rising natural gas prices—a key input for fertilizer production—as well as higher logistics costs and global supply constraints.

More than 70% of the fertilizers consumed in Mexico are imported, making the country vulnerable to volatility in international prices.

According to the GCMA, fertilizer purchases reached 561 tons in the first two months of 2026, 34.1% more than in the same period the previous year.

“The pressure generated by rising costs will be felt more acutely when the harvest of various crops begins,” Anaya stated.

He also predicted that imports of white corn will increase at higher prices due to a decline in domestic production and that the price of tortillas will rise.