Most Fertilizer Prices Now Lower

OMAHA (DTN) — Retail fertilizer prices tracked by DTN for the third week of December 2024 show most fertilizers are slightly lower than a month ago.

Six fertilizers logged lower prices, while two are higher. As has been the case in recent weeks, no fertilizer had a sizeable price increase or decline. DTN designates a significant move as anything 5% or more.

The six slightly lower fertilizers are DAP which had an average price of $738/ton, MAP $810/ton, potash $442/ton, urea $488/ton, UAN28 $320/ton and anhydrous $363/ton.

Two fertilizers were slightly more expensive than a month ago. 10-34-0 had an average price of $613/ton while anhydrous was at $721/ton looking back to the prior month.

On a price per pound of nitrogen basis, the average urea price was $0.53/lb.N, anhydrous $0.44/lb.N, UAN28 $0.57/lb.N and UAN32 $0.57/lb.N. 

This week, DTN will wrap up its annual Global Fertilizer Outlook series.

See Global Fertilizer Outlook – 1, “Nitrogen Supply Expected to Increase in 2025, Positive News for Price,” https://www.dtnpf.com/agriculture/web/ag/crops/article/2024/12/16/nitrogen-supply-expected-increase

See Global Fertilizer Outlook – 2, “Phosphorous Fertilizer Supply Issues Continue and Prices Expected to Remain Stable Early in 2025,” https://www.dtnpf.com/agriculture/web/ag/crops/article/2024/12/19/phosphorous-fertilizer-supply-issues

Look for Global Fertilizer Outlook – 3 later this week that will look at potash supply, demand and expected prices for 2025.

See Reporter’s Notebook about 2025 fertilizer outlook at https://www.dtnpf.com/agriculture/web/ag/videos?embedCode=rn2024z13&channelTab=DTN%20Daily%20Videos

To see DTN’s weekly column on Retail Fertilizer Trends, check out https://www.dtnpf.com/agriculture/web/ag/crops

Two fertilizers are now higher in price compared to one year ago. Both DAP and 10-34-0 are 2% more expensive looking back to last year.

The remaining six fertilizers are lower. MAP is 1% lower, UAN28 is 6% less expensive, urea is 9% lower, UAN32 is 10% less expensive, anhydrous is 11% lower and anhydrous 15% less expensive compared to last year.

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.

Brazil Potash Corp announced the appointment of Mayo Schmidt as executive chairman of its board of directors, according to Dow Jones. You can read about it here: https://www.dtnpf.com/agriculture/web/ag/crops/article/2024/12/18/potash-urea-uan28-uan32-prices-week

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

Follow him on social platform X @RussQuinnDTN