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Fertilizer Prices Know No Bounds as 2022 Continues

Posted February 28, 2022
in Top Ag News

Agricultural equipment spraying field at sunsetAs March approaches, fertilizer prices continue to climb for the second week in a row. All but one major fertilizers are higher compared to last month. Liquid ammonium phosphate is 5% more costly compared to last month, with an average price of $837/ton. DAP averaged $874/ton, MAP at $935 and potash at $815. Anhydrous reached an all-time high of $1,488/ton, as did UAN28 at $603 and UAN32 at $703 – the first time in history UAN32 has topped $700. Urea was slightly lower with an average price of $891/ton. As the Russia-Ukraine crisis continues, oil prices can influence fertilizer prices, likely increasing costs more.

Read more on fertilizer costs here.

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