DTN Retail Fertilizer Trends

UAN32 Continues to Lead Higher Prices for All 8 Fertilizers

Russ Quinn
By  Russ Quinn , DTN Staff Reporter
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The average retail price of UAN32 was $423 per ton during the first week of April 2025, up $26 per ton, or 6%, from $397 during the first week of March. (DTN chart)

OMAHA (DTN) -- Average retail prices for all eight fertilizers continued to be higher than last month during the first week of April 2025, according to sellers surveyed by DTN. Only one fertilizer saw a substantial price increase, which DTN designates as anything 5% or more.

The average retail price of UAN32 was $423 per ton, up $26 per ton, or 6%, from $397 during the first week of March.

Prices for the remaining seven fertilizers were up just slightly from last month. DAP had an average price of $768 per ton, MAP $819/ton, potash $462/ton, urea $565/ton, 10-34-0 $650/ton, anhydrous $770/ton and UAN28 $360/ton.

On a price per pound of nitrogen basis, the average urea price was $0.61/lb.N, anhydrous $0.47/lb.N, UAN28 $0.64/lb.N and UAN32 $0.66/lb.N.

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In a bit of good news, Scotiabank analyst Ben Isaacson said fertilizers are likely going to see a relatively earlier reprieve from the trade war, Dow Jones news service reported on Monday.

Isaacson said food security concerns -- real or perceived -- will begin to rise, "and so if there is risk of tariff reprieve on anything, we think it will be on fertilizers/food." Politics is also tied to this, and President Donald Trump will need the support of farmers, which could ease the burden fertilizer companies feel, Isaacson said.

"Simply put, we are not convinced tariffs on fertilizer imports are here to stay," he said.

Two fertilizers are now higher in price compared to one year earlier. 10-34-0 is 3% more expensive, while UAN32 is 4% higher looking back to last year.

The remaining six fertilizers are lower. Both DAP and MAP are 1% less expensive, both DAP and urea are 2% lower, anhydrous is 3% less expensive and potash is 10% lower 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/….

Amid all the tariff talk, DTN took a closer look at the price of potash. You can read about it here: https://www.dtnpf.com/….

DRY
Date Range DAP MAP POTASH UREA
Apr 1-5 2024 780 828 514 577
Apr 29-May 3 2024 781 830 513 585
May 27-31 2024 781 828 508 537
Jun 24-28 2024 760 821 506 506
Jul 22-26 2024 745 818 502 504
Aug 19-23 2024 745 816 493 492
Sep 16-20 2024 740 814 459 485
Oct 14-18 2024 738 806 451 496
Nov 11-15 2024 740 811 443 498
Dec 9-13 2024 740 816 443 495
Jan 6-10 2025 738 808 444 490
Feb 3-7 2025 745 806 436 525
Mar 3-7 2025 765 810 447 548
Mar 31-Apr 4 2025 768 819 462 565
LIQUID
Date Range 10-34-0 ANHYD UAN28 UAN32
Apr 1-5 2024 633 794 362 405
Apr 29-May 3 2024 641 794 364 418
May 27-31 2024 642 758 356 406
Jun 24-28 2024 642 705 345 389
Jul 22-26 2024 642 677 339 377
Aug 19-23 2024 639 668 330 373
Sep 16-20 2024 594 685 320 351
Oct 14-18 2024 604 701 316 361
Nov 11-15 2024 607 711 323 364
Dec 9-13 2024 611 721 323 362
Jan 6-10 2025 615 735 326 365
Feb 3-7 2025 632 741 332 388
Mar 3-7 2025 646 751 354 397
Mar 31-Apr 4 2025 650 770 360 423

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

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Russ Quinn