Retail fertilizer prices continue to fall this month, according to DTN’s price tracker. For three consecutive weeks, all eight major fertilizers moved lower compared to last month. Anhydrous ammonia dropped a whopping 7% in one month. Progessive Farmer (DTN) views any movements of at least 5% as significant.
The remaining seven fertilizers were slightly lower. DAP had an average price of $978/ton, 10-34-0 at $878/ton, potash at $881, urea at $807, MAP at $1,026, UAN28 at $576 and UAN32 at $676/ton. However, despite the lower costs, all fertilizers remain substantially higher than one year ago – ranging from 39% to 80% higher.
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