News & Resources

DTN Retail Fertilizer Trends

15 Jan 2025

OMAHA (DTN) -- It's a new year but virtually the same old retail prices for fertilizers.

Continuing the same trend as at the end of 2024, prices for all eight major fertilizers saw no significant movement in either direction during the first week of January 2025. DTN designates a significant move as anything 5% or more.

Average retail prices for five fertilizers were slightly higher than the previous month. Those were potash, which had an average price of $444 per ton, 10-34-0 $615/ton, anhydrous $735/ton, UAN28 $326/ton and UAN32 $365/ton.

Prices for the remaining three fertilizers were slightly lower than a month ago. DAP had an average price of $738/ton, MAP $808/ton and urea was at $490/ton.

On a price per pound of nitrogen basis, the average urea price was $0.53/lb.N, anhydrous $0.45/lb.N, UAN28 $0.58/lb.N and UAN32 $0.57/lb.N.

The University of Illinois Urbana-Champaign, as well as partner institutions, have received $5 million in funding from the U.S. Department of Energy Advanced Research Projects Agency-Energy (ARPA-E) to develop a new variety of corn called NSave. This new variety will reduce nitrogen fertilizer use and greenhouse gas emissions while maintaining crop yields, according to a news release from the university.

The Illinois-led project will integrate traits from teosinte, a wild relative of corn, to conserve nitrogen and reduce greenhouse gas emissions, while at the same time increasing nutrient use efficiency of corn. NSave corn aims to lower costs for farmers and reduce the country's reliance on foreign fertilizer imports.

"Implementing NSave traits in commercial maize will require no new infrastructure, and will lower fertilizer costs and nitrate runoff, reducing risk to growers, improving the environmental impact of agriculture, and facilitating adoption in new markets, such as sustainable aviation fuels," said Angela Kent, head of the project and professor in the Department of Natural Resources and Environmental Sciences.

Researchers from North Carolina State University, the University of Arizona and Oak Ridge National Laboratory are also involved.

Three fertilizers are now higher in price compared to one year ago. MAP is 1% more expensive, while both DAP and 10-34-0 are 2% higher looking back to last year.

The remaining five fertilizers are lower. UAN28 is 3% less expensive, anhydrous is 5% lower, both urea and UAN32 are 7% less expensive and potash 13% lower 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/….

Brazil Potash Corp. announced last week the appointment of Christian Joerg to its board of directors, according to Dow Jones. You can read about it here: https://www.dtnpf.com/….

DRY
Date Range DAP MAP POTASH UREA
Jan 8-12 2024 726 807 510 526
Feb 5-9 2024 736 809 508 528
Mar 4-8 2024 760 816 505 564
Apr 1-5 2024 780 828 514 577
Apr 29-May 3 2024 781 830 513 585
May 27-31 2024 781 828 508 537
Jun 24-28 2024 760 821 506 506
Jul 22-26 2024 745 818 502 504
Aug 19-23 2024 745 816 493 492
Sep 16-20 2024 740 814 459 485
Oct 14-18 2024 738 806 451 496
Nov 11-15 2024 740 811 443 498
Dec 9-13 2024 740 816 443 495
Jan 6-10 2025 738 808 444 490
LIQUID
Date Range 10-34-0 ANHYD UAN28 UAN32
Jan 8-12 2024 600 776 336 391
Feb 5-9 2024 610 773 335 390
Mar 4-8 2024 622 788 344 396
Apr 1-5 2024 633 794 362 405
Apr 29-May 3 2024 641 794 364 418
May 27-31 2024 642 758 356 406
Jun 24-28 2024 642 705 345 389
Jul 22-26 2024 642 677 339 377
Aug 19-23 2024 639 668 330 373
Sep 16-20 2024 594 685 320 351
Oct 14-18 2024 604 701 316 361
Nov 11-15 2024 607 711 323 364
Dec 9-13 2024 611 721 323 362
Jan 6-10 2025 615 735 326 365

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

Follow him on social platform X @RussQuinnDTN