Fertilizer Prices Remain Mostly Higher

Story by Russ Quinn, DTN Staff Reporter

OMAHA (DTN) — Retail fertilizer prices tracked by DTN for the second week of May 2022 continue to show mostly higher nutrient prices. But for the first time in many weeks, two different fertilizers were slightly lower.

The price of six fertilizers were more expensive, but none were up a substantial amount. DTN designates a significant move as anything 5% or more.

DAP had an average price of $1,059 per ton (all-time high), MAP $1,083/ton (all-time high), potash $881/ton, 10-34-0 $906/ton, UAN28 $634/ton (all-time high) and UAN32 $730/ton (all-time high).

Two fertilizers were slightly lower compared to last month, but neither hit the 5% threshold of significance. Urea was slightly less expensive compared to last month and had an average price of $1,000/ton, while anhydrous was at $1,529/ton.

Read more of this story from our partners at DTN/Progressive Farmer here: https://www.mydtn.com/agriculture/web/ag/news/article/2022/05/18/retail-fertilizer-prices-remain

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