Crop Fertilizer Prices Skyrocketing

Not too long ago, crop fertilizer prices were low. But as the corn market has surged, prices for these key crop inputs have also moved higher, with some prices shooting significantly higher in the first week of February, new data show. Urea led the price surge, increasing 16% in the last month alone, while DAP, UAN28 and MAP all saw double-digit gains in the last month. Anhydrous, 10-34-0 starter fertilizer and UAN32 are all eight percent higher than they were a month ago. Anhydrous is now more than $500/ton for the first time since October 2019, while 10-32-0 is over $500/ton for the first time since late August 2016. DAP and MAP are now 34% and 38% more expensive than they were a year ago, respectively. See more of the latest crop fertilizer prices.