Fertilizer Prices Moving Higher

It’s a common market dynamic; crop inputs often follow crop prices higher (though many observe the same doesn’t necessarily always happen when prices are moving the other direction), and that’s happening in the fertilizer market. While prices for many products like MAP, DAP, UAN28 and anhydrous have been mostly lower in recent weeks, the trend has reversed. An updated survey of fertilizer retailers shows prices for urea, MAP and anhydrous were all up at least five percent in the weeks leading up to the third week of this month. Though it’s partially a function of the volatility of the fertilizer marketplace in recent months, it could be the new trend as farmers look to secure inputs for what they expect to be a mammoth 2021 corn and soybean crop. See more of the latest fertilizer prices.