Nitrogen Fertilizer Prices Continue to Push Higher

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OMAHA (DTN) — Average retail prices for most fertilizers continued to climb the first full week of December 2021, with nitrogen fertilizers again leading the way, according to sellers surveyed by DTN.

Five of the eight major fertilizers recorded a sizable move higher from last month. DTN designates a substantial move as anything 5% or more.

Leading the way higher was UAN28, which was up 20% from a month prior. The nitrogen fertilizer’s average price was at $577 per ton, which continues to be an all-time high in the DTN data set.

Anhydrous was 18% more expensive compared to last month. The average price was at $1,372/ton, which is also an all-time high.

UAN32 was 8% higher looking back to last month. The liquid nitrogen fertilizer had an average price of $661/ton, also an all-time high.

Urea was 7% more expensive compared to last month. The nitrogen fertilizer had an average price of $887/ton, an all-time high.

10-34-0 was 5% more expensive looking back to last month. The starter fertilizer had an average price of $756/ton.

Three fertilizers had just a slight price increase compared to the prior month. DAP had an average price of $840/ton, MAP $919/ton and potash $778/ton.

Read more of this story from our partners at DTN/Progressive Farmer: https://www.mydtn.com/agriculture/web/ag/news/article/2021/12/15/nitrogen-fertilizer-prices-continue

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