Anhydrous Leads Half of Fertilizer Prices Higher

OMAHA (DTN) — Average retail fertilizer prices were mixed again during the third week of October 2025, with half higher and the other half lower than last month, according to sellers surveyed by DTN.

Only one fertilizer had a significant price move, which DTN designates as anything 5% or more. Anhydrous was 8% higher compared to last month with an average price of $838 per ton.

Prices for three other fertilizers were up just slightly from last month. DAP had an average price of $922 per ton, MAP $932/ton and potash $486/ton.

Prices for the remaining four fertilizers were slightly lower than a month ago. Urea had an average price of $595/ton, 10-34-0 $666/ton, UAN28 $414/ton and UAN32 $466/ton.

On a price per pound of nitrogen basis, the average urea price was $0.65/lb.N, anhydrous $0.51/lb.N, UAN28 $0.74/lb.N and UAN32 $0.73/lb.N.

Shares of Brazil Potash fell after the company announced a private placement to raise $28 million in gross proceeds, Dow Jones reported last week.

The stock dropped 14% to $2.29 on Oct. 17, extending a more than 70% decline so far this year.

The company said it will sell about 11.5 million common units at $2 each and 2.55 million pre-funded units at $1.999 each to select institutional and accredited investors.

Brazil Potash said net proceeds will be used for working capital and other general corporate purposes. The transaction was expected to close on Oct. 20.

Prices for all eight fertilizers are now higher compared to one year ago.

The last holdout, potash, is now 8% higher. Looking back to last year, 10-34-0 is 10% more expensive, MAP is 16% higher, anhydrous and urea are both 20% more expensive, DAP is 25% higher, UAN32 is 29% more expensive and UAN28 is 31% higher.

DTN gathers fertilizer price bids from agriculture retailers each week to compile the DTN Fertilizer Index. DTN first began reporting data in November 2008.

In addition to national averages, MyDTN subscribers can access the full DTN Fertilizer Index, which includes state averages, here: https://www.mydtn.com/agriculture/web/ag/markets/fuels-fertilizers#!/fertilizers.

University of Illinois Extension agricultural economists discuss ways farmers can limit fertilizer cost in 2026 in a recent webinar. You can read about it here: https://www.dtnpf.com/agriculture/web/ag/crops/article/2025/10/15/urea-retail-price-5-anhydrous-dap.

Russ Quinn can be reached at Russ.Quinn@dtn.com

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