DTN Retail Fertilizer Trends

Urea, UAN28, UAN32 Lead Fertilizer Prices Higher

Russ Quinn
By  Russ Quinn , DTN Staff Reporter
Connect with Russ:
Urea prices rose again, reaching 9% higher than last month. (DTN chart)

OMAHA (DTN) -- Retail fertilizer prices tracked by DTN for the second week of February 2025 continued to show most nutrients are more expensive with three fertilizers noticeably higher.

Six fertilizer prices are higher, while one was lower and one was unchanged from the prior month. DTN designates a significant move as anything 5% or more.

Urea was 9% higher compared to last month with an average price of $536/ton. UAN32 was 7% more expensive with an average price of $393/ton. UAN28 was 5% higher and had an average price of $342/ton.

Three other fertilizers were slightly more expensive looking back a month. DAP had an average price of $754/ton, 10-34-0 $638/ton and anhydrous $747/ton.

One fertilizer was slightly less expensive than a month ago. Potash had an average price of $442/ton.

One fertilizer was unchanged from last month. That nutrient was MAP and it had an average price of $809/ton.

P[L1] D[0x0] M[300x250] OOP[F] ADUNIT[] T[]

On a price per pound of nitrogen basis, the average urea price was $0.58/lb.N, anhydrous $0.46/lb.N, UAN28 $0.61/lb.N and UAN32 $0.61/lb.N.

A new fertilizer project in Iraq has obtained government consent, according to fertilizerdaily.com. A fully integrated phosphate fertilizer complex in Anbar is being developed in collaboration with a private contractor.

The facility will be able to produce one million tons of DAP fertilizer annually as well as 500,000 tons of Triple Superphosphate (TSP). In addition, the facility will also manufacture sulfuric acid, phosphoric acid and ammonia.

"This initiative is expected to leverage Iraq's ample phosphate reserves, bolstering economic security and self-reliance in fertilizer production," the article said.

More fertilizers are now higher in price compared to one year earlier. Both urea and UAN32 are 1% higher, both DAP and UAN28 are 2% more expensive and 10-34-0 is 5% higher looking back to last year.

The remaining three fertilizers are lower. MAP is 1% less expensive, anhydrous is 3% lower and potash is 12% less expensive compared to last year.

DTN gathers fertilizer price bids from agriculture retailers each week to compile the DTN Fertilizer Index. DTN first began reporting data in November 2008.

In addition to national averages, MyDTN subscribers can access the full DTN Fertilizer Index, which includes state averages, here: https://www.mydtn.com/….

A recent report from the University of Illinois Extension took a closer look at tariffs and how this might affect fertilizer prices. You can read about it here: https://www.dtnpf.com/….

Dry
Date Range DAP MAP POTASH UREA
Feb 12-16 2024 739 809 504 529
Mar 11-15 2024 771 817 505 566
Apr 8-12 2024 791 831 514 587
May 6-10 2024 789 831 511 557
Jun 3-7 2024 781 827 508 535
Jul 1-5 2024 760 821 506 506
Jul 29-Aug 2 2024 744 819 503 504
Aug 26-30 2024 742 814 487 492
Sep 23-27 2024 738 812 457 485
Oct 21-25 2024 740 808 452 500
Nov 18-22 2024 740 811 443 498
Dec 16-20 2024 738 810 442 488
Jan 13-17 2025 739 809 443 492
Feb 10-14 2025 754 809 442 536
Liquid
Date Range 10-34-0 ANHYD UAN28 UAN32
Feb 12-16 2024 610 771 336 392
Mar 11-15 2024 622 789 355 397
Apr 8-12 2024 640 795 363 417
May 6-10 2024 642 792 364 418
Jun 3-7 2024 642 757 353 406
Jul 1-5 2024 642 705 345 389
Jul 29-Aug 2 2024 640 676 338 376
Aug 26-30 2024 639 676 328 364
Sep 23-27 2024 593 684 320 351
Oct 21-25 2024 604 705 316 363
Nov 18-22 2024 611 718 323 364
Dec 16-20 2024 613 721 320 363
Jan 13-17 2025 616 737 326 366
Feb 10-14 2025 638 747 342 393

Russ Quinn can be reached at Russ.Quinn@dtn.com

Follow him on social platform X @RussQuinnDTN

P[] D[728x170] M[320x75] OOP[F] ADUNIT[] T[]
P[L2] D[728x90] M[320x50] OOP[F] ADUNIT[] T[]
P[R1] D[300x250] M[300x250] OOP[F] ADUNIT[] T[]
P[R2] D[300x250] M[320x50] OOP[F] ADUNIT[] T[]
DIM[1x3] LBL[article-box] SEL[] IDX[] TMPL[standalone] T[]
P[R3] D[300x250] M[0x0] OOP[F] ADUNIT[] T[]

Russ Quinn