A few of the stories at DTN Progressive Farmer over the last few weeks:
OMAHA (DTN) -- Retail fertilizer prices for the third week of December 2021 continued to move higher, albeit at a slower pace.The percentage higher moves are not as much as they have been in recent weeks. In fact, all of the moves were in the single-digit range, something that hasn't happened since the second week of September 2021.
Only three of the eight major fertilizers are showing a significant move higher. DTN designates a significant move as anything 5% or greater.
Leading the way higher is anhydrous, which was up 9% from a month prior. The nitrogen fertilizer's average price was at $1,424/ton, which continues to be an all-time high in the DTN data.
10-34-0 was 5% more expensive compared to last month. The starter fertilizer's average price was at $791/ton.
Urea was 5% more expensive compared to last month. The nitrogen fertilizer had an average price of $910/ton, which was also an all-time high.
The remaining five fertilizers had just slight price increases compared to the prior month. DAP had an average price of $862/ton, MAP $932/ton, potash $807/ton, UAN28 $583/ton (all-time high) and UAN32 $679/ton (all-time high).
Potash topped the $800/ton level for the first time since the fourth week of June 2009, when the price was $815/ton. The all-time high price for potash is $896/ton which was seen the first week of November 2008....
....MUCH MORE
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"Turning air into bread"
