Anhydrous is 52% Less Expensive than Last Year

Fertilizer price trends continue to fall, with all eight major fertilizers declining the last week of July for the third week in a row. Half of all fertilizers showed significant price declines, which DTN marks as anything 5% or greater.

Anhydrous continues to lead the trail lower with 8% less expensive prices than last month at $691/ton. Producers need no one to remind them how expensive anhydrous was the previous year, at $1,431/ton or 52% more than now. Urea and UAN32 both fell 6% at $581 and $442 per ton, and MAP dropped 5% to $1,041/ton.

Read more on fertilizer price trends here.