DAP (diammonium phosphate) is trading at $640–$740 per ton in spring 2026, up 20–30% year over year. China's phosphate export restrictions removed roughly 30% of global phosphate supply.
| Product | Price | vs. 2025 |
|---|---|---|
| DAP NOLA barge | $610–$690/ton | +22% |
| DAP Corn Belt retail | $640–$740/ton | +25% |
| DAP Southeast | $650–$750/ton | +24% |
Do not pre-buy aggressively until August China restriction decision. Spot may correct 10–15% if restrictions lift.
China restricted phosphate exports through August 2026, removing ~30% of global trade volume — the single largest price driver.
Alternative suppliers run at capacity but cannot fully offset China volumes.
DAP production requires ammonia; elevated natural gas costs raise the input cost floor.
Spring application surge concentrates demand and amplifies price spikes.
GrainBrief tracks USDA AMS, FRED, and EIA data every week and sends you a buy, hold, or negotiate signal for each input. No manual spreadsheet. No lag.
Start Free Trial →