Three Fertilizers Continue to Move Higher in Price

OMAHA (DTN) — Retail fertilizer prices continued to rise the second week of December 2021, according to sellers surveyed by DTN. There are signs, however, that the climb may be slowing somewhat.

Only three of the eight major fertilizers showed a significant move higher; DTN designates a substantial move as anything 5% or more. This is the first time since the third week of September 2021 that fewer than five fertilizers were appreciably more expensive.

Anhydrous led the way, up 16% from a month prior. The nitrogen fertilizer’s average price was at $1,420/ton, which continues to be at its all-time high in the data DTN has collected since November 2008.

10-34-0 was 7% more expensive compared to last month. The starter fertilizer’s average price was at $790/ton.

Urea was 5% more expensive compared to last month. The nitrogen fertilizer had an average price of $901/ton, which was also an all-time high.

Read more from our partners at DTN/Progressive Farmer here: https://www.mydtn.com/agriculture/web/ag/news/article/2021/12/22/three-fertilizers-still-lead-way-2

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