Fertilizer Prices Continue Higher This Week

OMAHA (DTN) — Retail fertilizer prices for the third week of December 2021 continued to move higher, albeit at a slower pace.

The percentage higher moves are not as much as they have been in recent weeks. In fact, all of the moves were in the single-digit range, something that hasn’t happened since the second week of September 2021.

Only three of the eight major fertilizers are showing a significant move higher. DTN designates a significant move as anything 5% or greater.

Leading the way higher is anhydrous, which was up 9% from a month prior. The nitrogen fertilizer’s average price was at $1,424/ton, which continues to be an all-time high in the DTN data.

10-34-0 was 5% more expensive compared to last month. The starter fertilizer’s average price was at $791/ton.

Urea was 5% more expensive compared to last month. The nitrogen fertilizer had an average price of $910/ton, which was also an all-time high.

The remaining five fertilizers had just slight price increases compared to the prior month. DAP had an average price of $862/ton, MAP $932/ton, potash $807/ton, UAN28 $583/ton (all-time high) and UAN32 $679/ton (all-time high).

Read more of this story from our partners at DTN/Progressive Farmer here: https://www.mydtn.com/agriculture/web/ag/news/article/2021/12/29/fertilizer-prices-continue-high-side

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