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.
AgFax Weed Solutions
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.
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|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|
|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