2026 Fertilizer Market Report
The 2026 fertilizer market report traces every dollar in the US lawn and turf fertilizer economy back to its commodity origin, from USDA AMS Oklahoma Production Cost Reports on urea at the wholesale dealer level, through SEC 10-K disclosures from the four publicly traded producers that dominate US nitrogen, phosphate, and potash output, down to the 40 pound bag of Scotts Turf Builder a homeowner buys at Home Depot. Data verified as of June 16, 2026. Every price point, capacity figure, and policy citation in this report links to a primary source: USDA Agricultural Marketing Service bi-weekly production cost bulletins, the Federal Reserve FRED producer price index series, SEC EDGAR filings, USGS Mineral Commodity Summaries, and named state and federal regulatory dockets. Where a number could not be verified to that standard, the claim was cut.
The short version
- Urea averaged $857 per ton in mid-May 2026 (range $816 to $880) per the USDA AMS Iowa Production Cost Report, up from a March 2026 average of $677 per ton in the same series.
- DAP averaged $851 per ton in March 2026 and MOP (potash) averaged $495 per ton by mid-May 2026, both per USDA AMS bi-weekly bulletins.
- Nutrien (NYSE: NTR) reported $25.97 billion in 2024 revenue and holds roughly 20% of global potash nameplate capacity per its Q4 2024 results release.
- CF Industries (NYSE: CF) ran 16 North American ammonia plants with 10.4 million tons of annual capacity and posted $1.22 billion in 2024 net earnings per its 2024 Form 10-K.
- SiteOne Landscape Supply (NYSE: SITE) reported $4.54 billion in 2024 revenue across 690 plus branches, with fertilizer and control products representing roughly 14% of product mix per its FY2024 10-K.
- The BLS Producer Price Index for Nitrogenous Fertilizer Manufacturing (FRED series PCU325311325311) printed 501.7 in February 2026 (Dec 1979 = 100).
- Pinellas County, Florida banned the sale and application of nitrogen and phosphorus fertilizer June 1 through September 30, 2026 per the Pinellas County Fertilizer Ordinance; Hillsborough, Manatee, Sarasota, Lee, Collier, Pasco, Hernando, and 12 other Florida counties enforce parallel rainy-season ordinances.
- China suspended urea and specialty fertilizer exports from October 15, 2025 for an expected five to six months per StoneX market intelligence; global urea prices rose roughly 25% in the two weeks following.
The big picture: a $20 billion US nutrient economy built on three commodities
The United States consumed nearly 20.1 million metric tons of agricultural fertilizer in 2023, with nitrogen accounting for 11.6 million metric tons (about 59% of total tonnage), potash 22%, and phosphate 19%, per Fertilizer Institute data summarized by Statista. Roughly 65% of US fertilizer demand is met by domestic production, with the balance sourced from Canada (potash via Saskatchewan), Morocco and Saudi Arabia (phosphate), and Trinidad and Russia (nitrogen and ammonia derivatives) per the USGS 2025 Mineral Commodity Summary: Phosphate Rock.
Phosphate rock specifically: in 2025, five companies mined 20 million tons of marketable phosphate rock across 10 mines in Florida, Idaho, North Carolina, and Utah, worth $1.9 billion at the wellhead, with more than 95% of that tonnage going into wet-process phosphoric acid feeding DAP, MAP, and superphosphate production per the USGS 2026 Mineral Commodity Summary: Phosphate Rock. Potash and phosphate were added to the federal Critical Minerals List in 2025, a designation that affects permitting, tariff treatment, and Defense Production Act eligibility.
Lawn and turf fertilizer is a downstream slice of that broader agricultural nutrient economy. The US Census Bureau classifies landscape end use under NAICS 561730, Landscaping Services, with 76,769 active US establishments and roughly 730,000 employees per Census County Business Patterns data. (HMNDP’s broader $186 billion US landscaping market report and the 2026 fertilizer commodity price tracker sit alongside this report as the macro and time-series companions.) Residential lawn nitrogen application rates run from 0.5 lb per 1,000 sq ft on low-maintenance turf to 4 lb per 1,000 sq ft on intensively managed high-quality turf, per Minnesota Department of Agriculture turf BMPs and parallel Rutgers extension guidance.
Comparison table: 2026 wholesale commodity benchmarks vs. retail bag pricing
| Commodity / SKU | Benchmark | 2026 Price Point | Primary Source |
|---|---|---|---|
| Urea (46-0-0) | Wholesale dealer, $/ton | $857/ton (May 15, 2026 IA avg) | USDA AMS Iowa |
| DAP (18-46-0) | Wholesale dealer, $/ton | $851/ton (March 2026 avg) | DTN, citing AMS series |
| MOP (0-0-60 potash) | Wholesale dealer, $/ton | $495/ton (mid-May 2026 avg) | USDA AMS Production Cost Reports |
| Anhydrous ammonia | Wholesale dealer, $/ton | Rising (Q1 2026, per DTN tracker) | DTN Fertilizer Trends |
| PPI: Nitrogenous Fertilizer Mfg | Index (Dec 1979=100) | 501.7 (Feb 2026) | FRED PCU325311325311 |
| PPI: Fertilizer Mfg (all) | Index | Reported via FRED PCU3253132531 | FRED PCU3253132531 |
| Scotts Turf Builder Halts 40-lb (30-0-4) | Big-box retail bag | Lowes SKU 1002475026, list pricing varies by region | Lowes product listing |
Table caption: Wholesale commodity prices reflect dealer-level pricing in major US Corn Belt markets per USDA AMS bi-weekly production cost reports. Retail bag pricing reflects national big-box listings as of June 2026; prices vary by region and promotion. Index values from BLS via FRED.
The four publicly traded producers that dominate US output
Four SEC-reporting companies plus one large private operator account for the bulk of US nitrogen, phosphate, and potash production. Their 10-K filings are the most reliable window into capacity, sales volume, and pricing realization for the upstream half of the supply chain.
Nutrien Ltd. (NYSE: NTR): The Saskatoon-based integrated producer reported $25.97 billion in 2024 revenue and sold approximately 27 million metric tonnes of manufactured fertilizer from its production facilities in Canada, the United States, and Trinidad per its Q4 2024 earnings release. As of December 31, 2024, Nutrien’s potash segment represented approximately 20% of global potash nameplate capacity, its nitrogen segment 3% of global nitrogen nameplate capacity, and its phosphate segment 3% of global phosphate nameplate capacity per its 2024 Annual Information Form. 2024 sales volume guidance ranges were 13.6 to 14.4 million tonnes of potash, 10.7 to 11.2 million tonnes of nitrogen, and 2.35 to 2.55 million tonnes of phosphate.
The Mosaic Company (NYSE: MOS): Mosaic’s US phosphate operations have capacity to produce approximately 4.5 million tonnes of phosphoric acid (P2O5) annually, about 7% of world capacity and roughly 60% of North American capacity, per its 2024 Form 10-K. The company holds approximately 10.4 million tons of operational potash capacity. Mosaic mines phosphate rock in Florida, Brazil, and Peru and operates port facilities in Tampa, Florida with Gulf of Mexico deepwater berth access. Operational and weather-related issues reduced 2024 phosphate production by over 700,000 tonnes and potash production by approximately 250,000 tonnes per the company’s Q4 2024 press release.
CF Industries Holdings, Inc. (NYSE: CF): CF reported full-year 2024 net earnings of $1.22 billion and adjusted EBITDA of $2.28 billion per its FY2024 earnings release. The company operates 16 ammonia plants in North America with total annual capacity of 10.4 million tons of ammonia per its 2024 Form 10-K. 2024 sales volumes: 4,597 thousand tons ammonia, 4,109 thousand tons granular urea, 6,947 thousand tons UAN, 1,327 thousand tons AN, and 2,077 thousand tons of other products. The Donaldsonville complex in Louisiana and Port Neal complex in Iowa account for the bulk of CF’s urea and UAN output, both of which are common inputs into lawn fertilizer blends.
Yara International ASA (OSE: YAR): The Oslo-headquartered producer reported 2024 revenue of $13.86 billion, down from $15.48 billion in 2023, per its 4Q 2024 Report. Americas (including North America) represented 43.8% of net sales, Europe 33.8%, and Africa and Asia 22.4%. Mineral fertilizer sales accounted for 78% of net sales with 22.9 million tons sold in 2024. Yara North America operates blending and distribution out of facilities including Belle Plaine, Saskatchewan and Tampa, Florida.
Koch Fertilizer (private, Koch Industries subsidiary): Koch’s Enid, Oklahoma plant has been expanded under a $150 million capital program announced in 2021 to supply up to 1.8 million tons per year of ammonia upgrade products including urea per World Fertilizer reporting. Koch’s Beatrice, Nebraska plant received a $90 million investment program to increase UAN and ammonium nitrate production by 75,000 tons per year. Because Koch is private, capacity figures come from press releases and trade press rather than SEC disclosure.
The distributors: where commodity meets local turf
Between the four upstream producers and the homeowner aisle at Home Depot sit two distinct distribution channels: ag retail (selling primarily to row-crop farmers) and turf and ornamental distribution (selling to lawn care operators, golf courses, sports turf managers, and landscape contractors).
SiteOne Landscape Supply (NYSE: SITE): The country’s largest turf and landscape supply distributor reported $4.54 billion in 2024 revenue, up from $4.30 billion in 2023, per its FY2024 Form 10-K. As of December 29, 2024, SiteOne operated more than 690 branches across 45 US states and six Canadian provinces, with four distribution centers. The company offers approximately 170,000 SKUs; fertilizer and control products (herbicides, fungicides, insecticides) represent approximately 14% of product mix. SiteOne is the parent of the Lesco brand, a long-running pro turf fertilizer line distributed primarily through SiteOne branches and select retail partners.
The Andersons, Inc. (NASDAQ: ANDE): The Maumee, Ohio diversified ag company runs a Nutrient & Industrial segment (folded into the Agribusiness segment in a recent restructuring) that manufactures, distributes, and retails agricultural and turf plant nutrients and liquid industrial products per its FY2024 10-K subsidiaries list. The Andersons supplies the turf and lawn care market through specialty granular products including DG (dispersible granule) carrier technology branded as Contec DG.
Helena Agri-Enterprises (private, Marubeni Corp. subsidiary): Headquartered in Collierville, Tennessee, Helena operates approximately 450 branch locations and 4,000 plus employees, with fertilizer sales representing 42% of total revenue (over $1 billion in 2025) per CropLife Top 100 ag retailer rankings.
Wilbur-Ellis (private): Headquartered in Denver, Colorado, Wilbur-Ellis is a global ag, animal feed, and specialty chemicals distributor. Fertilizer sales represented 35% of total revenue (also over $1 billion in 2025) per CropLife.
The retail brands: consumer lawn fertilizer at the bag level
The consumer lawn and garden category in the US is dominated by one publicly traded operator and two adjacent CPG companies that supply branded retail-shelf fertilizer.
The Scotts Miracle-Gro Company (NYSE: SMG): Scotts’ Turf Builder, Miracle-Gro, Ortho, and (under license) Roundup brands make the company the most widely recognized in the consumer lawn and garden industry in the US per its FY2024 Form 10-K (fiscal year ended September 30, 2024). Key consumer lawn and garden brands include Scotts Turf Builder lawn fertilizer, Miracle-Gro soil and plant food, Ortho herbicide and pesticide products, and Tomcat rodent control products. The company reports through three segments: US Consumer, Hawthorne (hydroponics, which has been wound down significantly), and Other (Canada). Scotts’ fiscal 2024 results and updated guidance were disclosed in company press releases.
Spectrum Brands Holdings (NYSE: SPB): Spectrum’s Home & Garden segment carries the Spectracide and Cutter brands (primarily insect control) and some adjacent lawn care products, though it is a smaller player in the fertilizer category specifically.
Bayer Crop Science (FRA: BAYN): Bayer’s residential exit from the Roundup brand and pesticide aisle (covered in HMNDP’s Bayer Roundup residential exit guide) has reshuffled shelf space; the resulting opening has gone primarily to Scotts and store-brand programs. Bayer’s fertilizer-adjacent products in the residential channel are limited.
Pass-through math: how urea at $857/ton flows to a 40 pound bag
The path from a USDA AMS-reported urea quote to the price tag on a Scotts Turf Builder bag is a multi-step transformation. Here is the worked example using the May 2026 commodity data.
Step 1: Urea raw cost. May 15, 2026 Iowa dealer urea: $857 per ton, or $0.4285 per pound. Urea is 46% nitrogen (N), so a pound of urea delivers 0.46 lb of actual N at a raw cost of roughly $0.93 per pound of N.
Step 2: Bag math for a 30-0-4 retail SKU. A typical Scotts Turf Builder weed and feed bag analyzes at roughly 30% N, 0% P2O5, 4% K2O. A 40 pound bag delivers 12 lb of actual N. At the May 2026 urea-implied raw-N cost of $0.93 per lb, the nitrogen alone in that bag represents approximately $11.16 in commodity cost.
Step 3: Add carrier, coating, formulation, packaging. Retail bags use slow-release coatings (methylene urea, polymer-coated urea, sulfur-coated urea), inert carriers (clay, calcium-derived granules), micronutrients, and (for weed-and-feed SKUs) crabgrass preventer active ingredients such as pendimethalin or prodiamine. Add packaging, palletization, freight from the formulation plant to a retailer DC, retailer freight from DC to store, and slotting fees.
Step 4: Wholesale to retail. Big-box retailers run consumer lawn and garden at gross margins typically in the 30 to 40% range. Stacking commodity input, formulation conversion (commonly 2.5 to 3.5x of input N cost for blended retail product), wholesale margin to Scotts, and retail gross margin to Home Depot or Lowes produces a typical street price for a 40 pound 30-0-4 weed-and-feed SKU in the high $40s to mid $50s as listed on Lowes’ Scotts category page.
Step 5: Lag. Commodity urea swings flow into retail bag pricing on a typical 60 to 90 day lag. Scotts purchases urea (and ammoniated phosphate, MOP, and ammonium sulfate) on annual or quarterly contracts plus spot, formulates at plants in Marysville, Ohio and elsewhere, ships to retailer DCs ahead of the spring season, and the retailer then maintains shelf pricing across a sell-in window. Sharp commodity moves (such as the March 2026 China export halt) are typically not visible on the shelf until late spring or the following season.
Slow-release vs fast-release: the spec-sheet split
Lawn fertilizer N sources split into fast-release (urea, ammonium sulfate, ammonium nitrate, calcium nitrate) and slow- or controlled-release (methylene urea, urea-formaldehyde, IBDU, sulfur-coated urea, polymer-coated urea). The split matters for cost, agronomic performance, and regulatory compliance.
Maryland’s lawn fertilizer law requires that at least 20% of N in residential lawn fertilizer be in slow-release form, and caps single-application N rate at 0.9 lb per 1,000 sq ft, per the Maryland Department of Agriculture Lawn Fertilizer Law summary. Slow-release N carries a substantial cost premium over straight urea on a per-pound-of-N basis, which is why the bag math above does not translate one-to-one to the shelf even before retail markup.
Pro turf channels (golf, sports turf, lawn-care operators) buy through SiteOne/Lesco, The Andersons, Helena, and Wilbur-Ellis under spec-driven SKUs that disclose N source ratio (often labeled as “X% slowly available N from methylene ureas” or similar). Direct-to-consumer pro brand Yard Mastery (operated by Allyn Hane) publishes its blend specs publicly; the popular 24-0-6 pre-emergent and 16-4-8 carbon-X blends are marketed with explicit slow-release content disclosure.
Organic fertilizer: Milorganite, Sustane, Espoma
The organic and naturally derived lawn fertilizer segment is led by three operators: Milorganite (the biosolid product of the Milwaukee Metropolitan Sewerage District), Sustane (a Minnesota composted-turkey-litter operator), and Espoma (the Millville, NJ branded organic lawn and garden producer).
Milorganite: The Jones Island facility in Milwaukee processes approximately 200 million gallons per day of wastewater and produces 50,000 to 60,000 dry tons per year of Milorganite per WaterWorld utility reporting. Milorganite analyzes at 6-4-0 (6% N, 4% P, 0% K) with approximately 2.5% iron, with most N in slowly available organic form. The Milorganite supply chain is essentially capped at the throughput of Milwaukee’s wastewater system, which is why availability tightens every spring.
Sustane (private, Cannon Falls, MN): Sustane’s 4-6-4, 5-2-4, 8-2-4, and 18-1-8 blends are sold into turf and ornamental channels. Public capacity figures are not disclosed.
Espoma (private, Millville, NJ): Espoma’s Holly-Tone, Plant-Tone, Bio-Tone, and Lawn Food product lines are widely distributed through independent garden centers and select big-box programs.
Regulatory pressure: the state and local rulebook
State and local fertilizer regulation has tightened materially over the last decade, driven by nutrient-impaired watersheds (the Chesapeake Bay, Mississippi/Gulf hypoxic zone, Florida estuaries, Long Island Sound). The major rules a US lawn fertilizer marketer or applicator must navigate:
Florida summer nitrogen blackouts: Pinellas County’s ordinance bans the sale and application of nitrogen and phosphorus fertilizer June 1 through September 30 each year and requires a 10-foot fertilizer-free buffer adjacent to water bodies per the Pinellas County Fertilizer Ordinance. Hillsborough County’s Environmental Protection Commission Chapter 1-15 sets a parallel June-to-September restricted season with weather-based prohibitions including no application within 36 hours of forecast 2 inches or more of rain. South and Central Florida counties with similar ordinances include Manatee, Sarasota, Charlotte, Lee, Collier, Pasco, Hernando, Polk, Orange, Seminole, Volusia, Brevard, Indian River, St. Lucie, Martin, Palm Beach, Broward, and Miami-Dade per Fieldstone Landscape Services aggregation. The blackout window has reshaped retail SKU rotation: pre-ban high-N products such as 40-0-0 dominate May shelves, then drop off entirely from June through September.
Maryland Lawn Fertilizer Law: Caps single-application N at 0.9 lb per 1,000 sq ft, mandates at least 20% slow-release N, prohibits most P in lawn fertilizer (unless soil-test or new-seeding exception applies), and enforces a November 16 to March 1 blackout for homeowner applications per the Maryland MDA program page.
Minnesota phosphorus restrictions: Minnesota Statutes 18C.60 generally prohibits the sale of P-containing lawn fertilizer for use on established turf statewide, with soil-test and new-seeding exceptions, per the Minnesota Department of Agriculture turf BMP document.
New York Long Island: Suffolk and Nassau counties enforce nitrogen application timing rules tied to nitrogen-impaired groundwater protections; New York State’s Nutrient Runoff Law similarly restricts P in lawn fertilizer absent a soil test or new-seeding exception. State guidance is published by NY DEC.
The 2024 to 2026 commodity cycle: Russia, Belarus, China, and the IRA
Four geopolitical and policy events are driving the current fertilizer commodity cycle.
Russia and Belarus potash: Belarus’s Belaruskali, one of the largest potash producers globally and one of the largest sources of hard currency for the Lukashenko government, was removed from the US sanctions list in March 2026 under the Trump administration in exchange for the release of 250 political prisoners per RFE/RL reporting. The US has subsequently asked Lithuania, Poland, and Ukraine to ease transit restrictions to allow Belarusian potash to reach US importers. The EU has kept its sanctions on Belaruskali in place. The net effect on US potash pricing has been to ease the structural premium that built up after 2022, contributing to the mid-May 2026 MOP average of $495 per ton reported by USDA AMS.
China urea export halt: China suspended urea and specialty fertilizer exports from October 15, 2025 for an expected five to six months per StoneX and China-Global South Project reporting. China typically exports 5 to 5.5 million tons of urea annually; 2025 volumes ran far below that. Global urea prices rose roughly 25% in the two weeks following the announcement, and the price climb is the proximate explanation for the urea move from $677 per ton (March 2026 USDA AMS Iowa avg) to $857 per ton by mid-May 2026.
Inflation Reduction Act 45V ammonia/hydrogen credit: The IRA’s Section 45V clean hydrogen production credit (up to $3.00 per kg) created a structural incentive for low-carbon ammonia production (ammonia is a hydrogen carrier and a precursor to most nitrogen fertilizer). Treasury and IRS final rules were released in January 2025 per the Treasury press release and Federal Register notice. The One Big Beautiful Act of 2025 phased out availability of the 45V credit by January 1, 2028, compressing the window in which US producers can monetize blue/green ammonia projects.
EU fertilizer tariffs: The EU introduced fertilizer tariffs in 2025 designed to cut Russian war revenues, with intra-EU political debate over Hungary’s request for tariff suspension per Euromaidan Press. The tariff structure has shifted Russian nitrogen exports toward non-EU markets, including the US, which is a partial offset to the China-driven tightness.
What this means for operators, homeowners, and suppliers
For lawn care operators: input cost volatility is back. Operators on annual or seasonal contracts with locked-in customer pricing face margin compression as urea-based fertilizer SKUs reprice into the May to July application window. Pro distributors (SiteOne/Lesco, The Andersons, Helena) typically offer pre-buy programs in the fall that can hedge spring input cost. The structural read: build cost-pass-through clauses into multi-year contracts and tighten fertilizer dosing through soil testing rather than calendar-based blanket applications. (See HMNDP’s lawn care pricing strategy guide and the 2026 US lawn care market size report for adjacent operator economics.)
For homeowners: expect higher retail bag prices to show up by late summer 2026 if the China urea halt extends. Slow-release product premiums will remain wide because the cost of methylene urea and polymer-coated carriers is decoupled from the raw urea move. Florida, Maryland, Minnesota, and New York residents already operate under explicit calendar and rate restrictions; ignore them at the risk of municipal fines and watershed-permit penalties. The HMNDP NPK fertilizer guide walks through how to read a label; the lawn square footage guide is the prerequisite for translating an 0.9 lb-per-1,000-sq-ft cap into a bag count.
For suppliers and ag retailers: the 2024 to 2026 cycle has favored integrated producers with their own potash, phosphate rock, and natural-gas-linked nitrogen capacity (Nutrien, Mosaic, CF). Distributors with strong private-label and slow-release exposure (SiteOne/Lesco, The Andersons) have similarly been able to widen margin in the fast-release-to-slow-release spread. The PE rollup activity in adjacent residential lawn and landscape services (tracked in HMNDP’s 2026 lawn and landscape private equity report) creates downstream consolidation pressure that ag retailers should watch: a single large LCO buyer typically procures through one or two distributor accounts at the regional level.
Methodology
This report draws primarily on T2 (SEC EDGAR 10-K and 10-Q filings) and T3 (federal agency primary sources: USDA AMS bi-weekly production cost reports, BLS Producer Price Indexes accessed via FRED, USGS Mineral Commodity Summaries, US Census Bureau County Business Patterns) sources, with T4 (state agency dockets including Maryland MDA, Minnesota MDA, NY DEC, Florida county fertilizer ordinances) for the regulatory section. T1 (company press releases) was used to verify quarterly financial figures cited in 10-K filings. T5 (industry trade press: World Fertilizer, CropLife Top 100, DTN, StoneX market intelligence) was used only where a primary source did not exist (notably for private operator data, ag retailer rankings, and short-horizon commodity moves).
Window covered: commodity pricing reflects bi-weekly USDA AMS data through May 15, 2026. Company financials reflect fiscal year 2024 disclosure (calendar 2024 for Mosaic, CF, Nutrien, Yara; fiscal year ended September 30, 2024 for Scotts Miracle-Gro). Regulatory citations reflect rules in force as of June 16, 2026.
Inclusion criteria: producers and distributors named are those with publicly traded US securities or those for which independently verifiable capacity, branch, or revenue figures exist. State and local rules cited are those with active enforcement and published primary-source documentation.
Exclusion criteria: small specialty fertilizer brands, single-state or single-county compounders, and direct-to-consumer brands without published volume or revenue data are not included.
Limitations
This report is not a buy or sell recommendation on any security mentioned. It does not include detailed coverage of:
Private US producers other than Koch (notably IFCo, OCI, Dyno Nobel/Incitec Pivot’s US nitrogen footprint at Cheyenne, Wyoming and Waggaman, Louisiana, and CVR Partners (NYSE: UAN) which is a smaller MLP-structured nitrogen producer worth tracking separately). Specialty fertilizer formulators (Harrell’s, Andersons’ Contec DG, Lebanon Seaboard’s ProScape line) are not covered at the SKU level. International ammonia and urea futures (NYMEX, ICE) are not analyzed; this report’s pricing focuses on US dealer-level wholesale per USDA AMS, not exchange-traded futures contracts. Real-time spot urea CFR NOLA, DAP FOB NOLA, and MOP CFR Brazil benchmarks tracked by CRU Group and Argus Media are subscription products; this report uses USDA AMS-published dealer prices, which are a related but separate series.
Retail shelf prices for Scotts SKUs reflect national listings and are subject to regional variation, promotional pricing, and seasonal markdowns; the bag-math worked example is a directional illustration, not a precise retailer-by-retailer audit.
Future Updates
This report is on an annual refresh cadence with a mid-year commodity-data check. Next scheduled refresh: June 2027. Interim refreshes will be issued if (a) any of the four publicly traded producers files a material 10-K or 10-Q restatement, (b) China extends or lifts its urea export halt, (c) Belarusian potash flows materially shift, or (d) EPA, USDA, or state regulators publish new lawn fertilizer rules affecting the markets named in this report.
How to cite this report
APA: HMNDP Landscaping. (2026). The 2026 Fertilizer Market Report: Commodity Pricing, Retail Pass-Through, and the US Lawn Fertilizer Supply Chain. https://hmndp.org/guides/2026-fertilizer-market-report/ Chicago: HMNDP Landscaping. "The 2026 Fertilizer Market Report: Commodity Pricing, Retail Pass-Through, and the US Lawn Fertilizer Supply Chain." 2026. https://hmndp.org/guides/2026-fertilizer-market-report/ MLA: "HMNDP Landscaping. The 2026 Fertilizer Market Report: Commodity Pricing, Retail Pass-Through, and the US Lawn Fertilizer Supply Chain." HMNDP Landscaping, 2026, https://hmndp.org/guides/2026-fertilizer-market-report/.
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