DTN Retail Fertilizer Trends

Anhydrous Price Down Slightly; Urea, UAN28, UAN32 Up Significantly for Third Week

Russ Quinn
By  Russ Quinn , DTN Staff Reporter
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For the first time in 12 weeks, the price of one fertilizer, anhydrous, was down slightly from the previous month. During the second week of May, the average retail price of anhydrous was $777 per ton, down $4 per ton from $781 per ton the second week of April. (DTN chart)

OMAHA (DTN) -- For the third consecutive week, average retail prices for three fertilizers led prices for seven of the major fertilizers higher. But for the first time in 12 weeks, the price of one fertilizer was slightly lower than last month during the second week of May, according to sellers surveyed by DTN.

Average retail prices for seven of the eight major fertilizers were higher compared to last month. Prices for three of those were significantly higher, which DTN designates as anything 5% or more.

Leading the way higher again was the price of urea, which was up 9% from last month at $469 per ton. Both UAN28 and UAN32 were 8% more expensive than last month. UAN28 had an average price of $412 per ton, while UAN32 was $484 per ton.

The prices of four other fertilizers were up just slightly from last month. DAP had an average price of $794 per ton, MAP $825/ton, potash $469/ton and 10-34-0 $666/ton.

For the first time since the last week of February 2025, the price of one fertilizer was down from the prior month. Anhydrous had an average price of $777/ton, down from $781/ton the second week of April.

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On a price per pound of nitrogen basis, the average urea price was $0.68/lb.N, anhydrous $0.47/lb.N, UAN28 $0.74/lb.N and UAN32 $0.76/lb.N.

Researchers around the world are exploring innovative fertilizer technologies while minimizing environmental impacts, which could change crop nutrition, according to an article from Fertilizer Daily. However, research gaps exist and must be addressed before widespread adoption.

Among the new technology is nano-fertilizers. These are made up of ultra-small particles designed to enhance nutrient uptake or control release and have shown positive effects in laboratory settings. However, researchers caution that the behavior of nano-fertilizers in actual soil environments remains poorly understood, and more research needs to be completed.

"These novel fertilizers have potential to improve nutrient use efficiency, but the science is still catching up with marketplace claims," Allison Thomson, lead author of a review of a recent study, told Fertilizer Daily.

The prices of five fertilizers are now higher compared to one year ago. DAP is 1% higher, 10-34-0 is 4% more expensive, both urea and UAN28 are 13% higher and UAN32 is 16% higher looking back to last year.

The remaining three fertilizers are lower. MAP is 1% lower, anhydrous is 2% less expensive and potash is 8% 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/….

Farmers could be overspending on their fertilizer needs, according to a recent University of Minnesota Extension article. You can read about it here: https://www.dtnpf.com/….

DRY
Date Range DAP MAP POTASH UREA
May 13-17 2024 789 829 511 556
Jun 10-14 2024 779 827 507 525
Jul 8-12 2024 758 822 504 507
Aug 5-9 2024 744 818 503 504
Sep 2-6 2024 739 813 486 490
Sep 30-Oct 4 2024 736 805 449 485
Oct 28-Nov 1 2024 739 810 446 497
Nov 25-29 2024 740 811 443 498
Dec 23-27 2024 739 810 444 489
Jan 20-24 2025 739 809 443 492
Feb 17-21 2025 762 809 444 543
Mar 17-21 2025 766 810 454 556
Apr 14-18 2025 781 822 467 577
May 12-16 2025 794 825 469 630
LIQUID
Date Range 10-34-0 ANHYD UAN28 UAN32
May 13-17 2024 642 792 364 418
Jun 10-14 2024 642 737 352 400
Jul 8-12 2024 642 696 339 378
Aug 5-9 2024 640 675 338 376
Sep 2-6 2024 638 676 327 364
Sep 30-Oct 4 2024 590 687 317 350
Oct 28-Nov 1 2024 604 706 317 363
Nov 25-29 2024 611 718 323 364
Dec 23-27 2024 614 729 326 365
Jan 20-24 2025 616 737 326 367
Feb 17-21 2025 638 747 348 394
Mar 17-21 2025 649 761 356 412
Apr 14-18 2025 656 781 380 448
May 12-16 2025 666 777 412 484

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

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Russ Quinn