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| Both the DoJ and private firms are investigating potential price-fixing claims on behalf of farmers, agricultural retailers, fertilizer mixers, farm partnerships, and other direct purchasers of fertilizer who may have paid inflated prices for nitrogen, phosphate, and potash fertilizers.
On March 4, 2026, it was announced that the U.S. Department of Justice Antitrust Division is investigating whether major fertilizer producers colluded to raise prices in violation of civil or criminal antitrust laws, and that the reported investigation involved nitrogen, phosphate, and potash fertilizers (collectively “NPK fertilizers”).
It is alleged that, beginning in or around 2021, fertilizer prices departed from historical norms, rose dramatically during 2021 and 2022, and remained elevated even after claimed supply shocks subsided. It is alleged that U.S. farmers paid over 60% more for NPK fertilizers during the 2021–2022 spike, adding an estimated $128,000 in costs per farm in 2022.
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nitrogen price...
