OMAHA (DTN) -- For the second straight week, three fertilizers continue to lead prices upward, according to prices tracked by DTN for the third week of February 2025.
Seven fertilizers logged higher prices, and one was lower than the prior month. DTN designates a significant move as anything 5% or more.
Urea was 10% higher compared to last month with an average price of $543/ton. UAN32 was 8% more expensive with an average price of $394/ton. UAN28 was 7% higher and had an average price of $348/ton.
Four other fertilizers were slightly more expensive looking back a month. DAP had an average price of $762/ton, potash $444/ton, 10-34-0 $638/ton and anhydrous $747/ton.
One fertilizer was slightly less expensive than a month ago. MAP had an average price of $809/ton.
On a price per pound of nitrogen basis, the average urea price was $0.59/lb.N, anhydrous $0.46/lb.N, UAN28 $0.62/lb.N and UAN32 $0.62/lb.N.
Fertilizer manufacturer Nutrien could benefit from higher potash prices, according to Dow Jones.
In a Raymond James report, Steve Hansen said he sees tangible signs of life in the global potash markets. This would include solid demand and rising prices across most global regions.
Hansen said Nutrien management also sees pricing momentum continuing in 2025. This is because of strong grower affordability as crop prices rise, strong demand from Brazil and Southeast Asia, and balanced inventory across key markets such as China, India and Southeast Asia.
Five fertilizers are now higher in price compared to one year earlier. UAN32 is 1% higher, both DAP and urea are 2% more expensive, UAN28 is 3% higher and 10-34-0 is 4% more expensive looking back to last year.
The remaining three fertilizers are lower. MAP is 1% less expensive, anhydrous is 2% 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 new fertilizer production facility was given the government green light in Iraq, according to fertilizerdaily.com. You can read about it here: https://www.dtnpf.com/…
Dry |
Date Range |
DAP |
MAP |
POTASH |
UREA |
Feb 19-23 2024 |
749 |
812 |
506 |
534 |
Mar 18-22 2024 |
778 |
823 |
506 |
574 |
Apr 15-19 2024 |
780 |
830 |
513 |
585 |
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 |
|
|
|
|
|
Liquid |
Date Range |
10-34-0 |
ANHYD |
UAN28 |
UAN32 |
Feb 19-23 2024 |
615 |
764 |
339 |
393 |
Mar 18-22 2024 |
628 |
793 |
358 |
402 |
Apr 15-19 2024 |
641 |
794 |
364 |
418 |
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 |
Russ Quinn can be reached at Russ.Quinn@dtn.com
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