By Russ Quinn, DTN Staff Reporter
OMAHA — Most average retail fertilizer prices continued to be down from the previous month in the fourth week of April 2023, according to sellers surveyed by DTN.
Prices for seven of the eight major fertilizers were lower compared to last month. DTN designates a significant move as anything 5% or more.
After a week off, anhydrous returned to lead fertilizer prices lower. The nitrogen fertilizer was 10% lower compared to last month and had an average price of $928 per ton.
Urea was 5% less expensive compared to last month. The nitrogen fertilizer had an average price of $595/ton. This was the first time since the third week of September 2021 that the price of urea was below the $600-per-ton level. That week, the average urea price was $585/ton.
Six other fertilizers were just slightly lower compared to last month. MAP had an average price of $804/ton, potash $624/ton, 10-34-0 $740/ton, UAN28 $426/ton and UAN32 $508/ton.
One fertilizer, meanwhile, was slightly higher compared to last month. DAP had an average price of $827/ton.