UAN32 Continues to Lead Higher Prices for All 8 Fertilizers

OMAHA (DTN) — Average retail prices for all eight fertilizers continued to be higher than last month during the first week of April 2025, according to sellers surveyed by DTN. Only one fertilizer saw a substantial price increase, which DTN designates as anything 5% or more.

The average retail price of UAN32 was $423 per ton, up $26 per ton, or 6%, from $397 during the first week of March.

Prices for the remaining seven fertilizers were up just slightly from last month. DAP had an average price of $768 per ton, MAP $819/ton, potash $462/ton, urea $565/ton, 10-34-0 $650/ton, anhydrous $770/ton and UAN28 $360/ton.

On a price per pound of nitrogen basis, the average urea price was $0.61/lb.N, anhydrous $0.47/lb.N, UAN28 $0.64/lb.N and UAN32 $0.66/lb.N.

In a bit of good news, Scotiabank analyst Ben Isaacson said fertilizers are likely going to see a relatively earlier reprieve from the trade war, Dow Jones news service reported on Monday.

Isaacson said food security concerns — real or perceived — will begin to rise, “and so if there is risk of tariff reprieve on anything, we think it will be on fertilizers/food.” Politics is also tied to this, and President Donald Trump will need the support of farmers, which could ease the burden fertilizer companies feel, Isaacson said.

“Simply put, we are not convinced tariffs on fertilizer imports are here to stay,” he said.

Two fertilizers are now higher in price compared to one year earlier. 10-34-0 is 3% more expensive, while UAN32 is 4% higher looking back to last year.

The remaining six fertilizers are lower. Both DAP and MAP are 1% less expensive, both DAP and urea are 2% lower, anhydrous is 3% less expensive and potash is 10% lower 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.

Amid all the tariff talk, DTN took a closer look at the price of potash. You can read about it here: https://www.dtnpf.com/agriculture/web/ag/crops/article/2025/04/02/uan32-price-6-last-month-leads-8.

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

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