DTN Retail Fertilizer Trends

Fertilizer Prices Up in March; Potash Still 12% Lower Than 2024

Russ Quinn
By  Russ Quinn , DTN Staff Reporter
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The average retail price of potash was $447 per ton during the second week of March 2025, up from $442 a month ago. However, the average price of potash is still 12% lower than it was a year ago. (DTN chart)

OMAHA (DTN) -- Average retail prices for all eight major fertilizers continued to be higher than last month during the second week of March 2025, according to sellers surveyed by DTN. But for the first time in seven weeks, no fertilizer had a sizeable price change, which DTN designates as anything 5% or more.

DAP had an average price of $765 per ton, MAP $810/ton, potash $447/ton, urea $548/ton, 10-34-0 $646/ton, anhydrous $751/ton, UAN28 $354/ton and UAN32 $397/ton.

On a price per pound of nitrogen basis, the average urea price was $0.60/lb.N, anhydrous $0.46/lb.N, UAN28 $0.63/lb.N and UAN32 $0.62/lb.N.

President Donald Trump's tariff push risks increasing potash prices around the world, according to Dow Jones news service. Matt Simpson, chief executive of Brazil Potash Corp., told Dow Jones that Brazilian farmers are keeping a close eye on this situation considering Brazil is the world's largest importer of potash at 22% of the world's market share.

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Another issue affecting the nutrient's global price is the continuing Russia and Ukraine war. Simpson said Brazil Potash and Brazilian agriculture in general strive for self-sufficiency in potash and other fertilizers, but getting there will be difficult.

Brazil has a national fertilizer plan designed to significantly increase production by 2050, and Simpson said, "It is possible to accelerate this production timeline but, realistically, it will take several decades and a focused effect for Brazil to be potash self-sufficient."

Two fertilizers are now higher in price compared to one year earlier. UAN32 is 1% higher, while 10-34-0 is 4% more expensive looking back to last year.

The remaining six fertilizers are lower. Both MAP and DAP are 1% less expensive, both urea and UAN28 are 3% lower, anhydrous is 5% 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/….

Canadian potash fertilizer tariffs are set at 10% after originally being 25%, according to a DTN article. You can read about it here: https://www.dtnpf.com/….

DRY
Date Range DAP MAP POTASH UREA
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
Mar 10-14 2025 765 810 447 548
LIQUID
Date Range 10-34-0 ANHYD UAN28 UAN32
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
Mar 10-14 2025 646 751 354 397

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

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Russ Quinn