Two-thirds of global fertilizer demand is mainly due to six crops. Globally, corn accounts for about 16% of the demand for agricultural fertilizer, followed closely by wheat, accounting for about 15% of the global demand for agricultural fertilizer. Rice accounts for about 14% of global fertilizer demand for agricultural use, followed by vegetables at 9%, fruits at 7% and soybeans at 5%.
As a large producer of corn, soybeans, and wheat, Farm Bureau said the United States is a large consumer of fertilizer, although with increasing technology and innovation for products at On the farm, fertilizer use in the United States has declined, despite an increase in the area planted with these crops.
Corn accounts for about 49% of the nutrient use share in the United States, while wheat accounts for about 11% and soybeans 10%. Cumulatively, these three crops account for about 70% of fertilizer consumption in the United States. In the 1960s, the United States accounted for 25% of the world’s nutrient use. Today, the United States accounts for only about 10% of global use, with American farmers accounting for just 2% of that share.
According to the Farm Bureau, the United States is the world’s third largest producer of fertilizers, however, it still requires the import of all three nutrients, especially nitrogen and potash, to fully meet demand. This means that US fertilizer dealers and US growers are required to pay the world market-set price of fertilizer and fertilizer materials, plus transportation.