DTN Retail Fertilizer Trends

OMAHA (DTN) -- Average retail fertilizer prices continued mixed during the fourth week of December 2024, according to sellers surveyed by DTN.

Prices for five of the eight major fertilizers were higher, while prices for the remaining three were lower. As has been the case in recent months, no fertilizer had a sizeable price increase or decline, which DTN designates as anything 5% or more.

The five fertilizers that were slightly higher in prices were potash, which had an average price of $444 per ton, 10-34-0 $614/ton, anhydrous $729/ton, UAN28 $326/ton and UAN32 $365/ton.

The three fertilizers that were slightly less expensive than a month ago were DAP with an average price of $739/ton, MAP $810/ton and urea at $489/ton.

On a price per pound of nitrogen basis, the average urea price was $0.53/lb.N, anhydrous $0.44/lb.N, UAN28 $0.58/lb.N and UAN32 $0.57/lb.N.

Two fertilizers are now higher in price compared to one year ago. Both DAP and 10-34-0 are 2% more expensive looking back to last year.

The remaining six fertilizers are lower in price from a year ago. MAP is 2% lower, UAN28 is 4% less expensive, UAN32 is 7% lower, anhydrous is 8% less expensive, urea is 9% lower and potash 14% less expensive compared to last year.

DTN gathers fertilizer price bids 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: https://www.mydtn.com/….

DTN recently ran the Global Fertilizer Outlook series, taking a closer look at the nitrogen, phosphorus and potash outlook for 2025. You can read about it here: https://www.dtnpf.com/….

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

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