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All eight major fertilizers were higher for the last week of March 2026 from a month ago. For the second week in a row, five fertilizers were significantly more expensive, which DTN designates as anything 5% or more. Four of the five fertilizers saw double-digit price increases compared to last month.
Monday marked the closing of the comment period for IRS's update of the 45Z rule, which includes changes from the One Big Beautiful Bill Act (OBBBA) to eliminate issues around indirect land use change and foreign feedstocks outside of North America, among other changes. Biofuel groups highlighted that they still need USDA to complete its work on a feedstock carbon calculator.
USDA will release its April Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports on Thursday. It is typically a quiet event and the last WASDE to focus solely on the 2025-26 marketing year.
John Deere agreed to a $99 million settlement resolving right-to-repair lawsuits filed by farmers, which alleged the company monopolized agricultural equipment repair markets through restricted diagnostic tool access.