Record-High Fertilizer Costs Continue at the Start of February

The year-end trend of record-high fertilizer costs have thus far continued through the start of 2022. Now into February, the sky-high prices continue as all but one of the major fertilizers were higher compared to January. Anhydrous costs were reported at $1,487/ton, an all-time high. UAN28 and UAN32 also reported all-time highs of $600 and $699/ton, which also marks the first time UAN has been above $600 in DTN data history. Meanwhile, urea was slightly lower in price than last month, but still holding at a whopping $905/ton. Most fertilizer prices continue to be considerably higher across the country than this time last year.

Read more on fertilizer costs and DTN’s survey method here.