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DTN REPORTS FERTILIZER PRICES HAVE FALLEN TO THEIR LOWEST LEVEL IN 15 MONTHS
The average retail price of potash declined 9% from this time last month to $721 per ton, the lowest price level since the third week of October 2021. It's 11% less expensive than at this time last year. (DTN chart)


By Russ Quinnn , DTN Staff Reporter

OMAHA -- Most average retail fertilizer prices were lower the third week of January 2023, according to sellers surveyed by DTN. Prices have moved considerably lower in recent weeks.

Seven of the eight major fertilizers are lower in price compared to last month. Of these seven, the prices of six fertilizers were significantly lower, which DTN designates as a change of 5% or more.

Both potash and anhydrous were down 9% compared to last month. Potash had an average price of $721 per ton, while anhydrous had an average price of $1,238/ton.

Both UAN28 and UAN32 were down 7% compared to last month. UAN28 had an average price of $536/ton, while UAN32 was $634/ton.

Urea was 6% less expensive, and MAP was 5% lower. Urea had an average price of $712/ton, while MAP was at $865/ton.

One fertilizer was just slightly lower in price compared to a month earlier. DAP had an average price of $859/ton.

One fertilizer was slightly higher in price compared to last month. 10-34-0 had an average price of $755/ton.

On a price per pound of nitrogen basis, the average urea price was at $0.77/lb.N, anhydrous $0.76/lb.N, UAN28 $0.96/lb.N and UAN32 $0.99/lb.N.

To read the entire report click here.


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