Retail Fertilizer Prices Inch Higher Amid Stubborn Supply Concerns

Story By Russ Quinn, DTN Staff Reporter

OMAHA (DTN) — Retail fertilizer prices continue to be mostly higher compared to last month, according to prices tracked by DTN for the first week of May 2022.

Seven fertilizers were more expensive, although none were up significantly, which DTN designates as a price move of 5% or more.

DAP had an average price of $1,057/ton (all-time high), MAP $1,081/ton (all-time high), potash $881/ton, 10-34-0 $906/ton, anhydrous $1,534/ton (all-time high), UAN28 $631/ton and UAN32 $730/ton (all-time high).

MAP set a new all-time high last week, continuing the streak of record-breaking movements in the fertilizer segment. According to DTN’s 13-year data set, only potash and 10-34-0 have yet to break historical records.

One fertilizer was slightly lower compared to last month, but nothing noteworthy. Urea was slightly less expensive looking back to last month and had an average price of $1,001/ton.

Read more of this story from our partners at DTN/Progressive Farmer here: https://www.mydtn.com/agriculture/web/ag/news/article/2022/05/11/retail-fertilizer-prices-inch-higher

%d bloggers like this: