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    DTN Fertilizer Trends: DAP Fertilizer Price Now at Highest Price in History

    Dry fertilizer applicator: Photo: University of Minnesota

    Retail fertilizer prices tracked by DTN for the last week of March 2022 are moving significantly higher again. All fertilizers were higher with some double digits higher compared to last month.

    Leading the way higher was DAP. The phosphorus fertilizer was 17% more expensive compared to last month and had an average price of $1,033/ton.

    DAP prices are now at the highest level in the history of DTN’s data set. The previous high for the phosphorus fertilizer was $984/ton set the first week of November 2008.

    Potash was 15% higher compared to last month with an average price of $868/ton. MAP was 12% more expensive looking back a month, with an average price of $1,045/ton.

    Also a considerable amount higher were 10-34-0, urea and UAN28. DTN designates a significant move as anything 5% or more.

    10-34-0 was up 7% compared to to last month and had an average price of $896/ton. Urea was 6% more expensive versus the prior month and had an average price of $1,022/ton. This was an all-time high and urea is above $1,000 for the first time ever.

    Also higher was UAN28. The nitrogen fertilizer was up 6% from last month and had an average price of $637/ton.

    The remaining two fertilizers were slightly lower compared to last month. Anhydrous had an average price of $1,526/ton (all-time high) and UAN32 $711/ton (all-time high).

    On a price per pound of nitrogen basis, the average urea price was at $1.11/lb.N, anhydrous $0.93/lb.N, UAN28 $1.14/lb.N and UAN32 $1.11/lb.N.

    Most fertilizers continue to be considerably more expensive than one year earlier.

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    MAP and 10-34-0 is now 50% more expensive, DAP is 67% higher, UAN28 is 88% more expensive, UAN32 is 89% higher, urea is 102% more expensive, potash is 104% is higher and anhydrous is 123% higher compared to last year.

    DTN gathers fertilizer prices from agriculture retailers each week to compile the DTN Fertilizer Index. DTN first began reporting data in November 2008.

    In addition to national averages, MyDTN subscribers can access the full DTN Fertilizer Index, which includes state averages, here.

    A labor dispute at Canadian Pacific Railway which could have severely affected the flow of fertilizer has been resolved. You can read about it here.

    Dry
    Date Range DAP MAP POTASH UREA
    Mar 29-Apr 2 2021 618 697 429 502
    Apr 26-30 2021 629 703 433 513
    May 24-28 2021 652 709 443 523
    Jun 21-25 2021 670 720 469 541
    Jul 19-23 2021 695 750 543 553
    Aug 16-20 2021 695 755 564 556
    Sep 13-17 2021 702 776 598 572
    Oct 11-15 2021 798 860 710 719
    Nov 8-12 2021 821 906 762 832
    Dec 6-10 2021 840 919 778 887
    Jan 3-7 2022 863 931 807 913
    Jan 31-Feb 4 2022 877 933 813 905
    Feb 28-Mar 4 2022 879 937 815 887
    Mar 28-Apr 1 2022 1033 1045 868 1022
    Liquid
    Date Range 10-34-0 ANHYD UAN28 UAN32
    Mar 29-Apr 2 2021 599 685 340 377
    Apr 26-30 2021 613 710 350 391
    May 24-28 2021 619 719 361 407
    Jun 21-25 2021 625 724 366 420
    Jul 19-23 2021 632 736 365 419
    Aug 16-20 2021 631 743 369 420
    Sep 13-17 2021 632 762 381 428
    Oct 11-15 2021 654 873 442 488
    Nov 8-12 2021 719 1162 566 614
    Dec 6-10 2021 756 1372 577 661
    Jan 3-7 2022 795 1430 584 679
    Jan 31-Feb 4 2022 826 1487 600 699
    Feb 28-Mar 4 2022 837 1487 603 703
    Mar 28-Apr 1 2022 896 1526 637 711

    Russ Quinn can be reached at Russ.Quinn@dtn.com

    Follow him on Twitter @RussQuinnDTN

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