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FERTILIZER PRICES CONTINUE TO DECLINE, HALF WHAT THEY WERE IN 2022
Aug. 19, 2024
by Todd Neeley, DTN
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| DTN | | The average price of anhydrous dropped by 4% during the first week of August, leading the prices of all eight fertilizers tracked by DTN downward. |
LINCOLN, Neb. -- The average retail price of all eight fertilizers tracked by DTN continued to decline during the first week of August 2024, according to sellers surveyed by DTN, although none of the prices experienced a significant move, which DTN designates as 5% or more.
Anhydrous led the way down with a 4% drop compared to last month, falling from $705 per ton to $676. That was followed by UAN32 with a 3% decline from $389 per ton to $376. DAP recorded the third-biggest drop of 2% from $760 per ton to $744. The price of UAN28 saw a decline of about 2%, from $345 to $338.
The remaining four fertilizers were all down fractionally. Potash came in at $503 per ton, down from $506. MAP fell from $821 per ton to $819, urea declined from $506 to $504, while the price of 10-34-0 also fell slightly from $642 to $640.
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