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DTN Retail Fertilizer Trends  09/16 03:53

   Fertilizer Prices Continue Lower for 6 of 8 Major Nutrients

   For the third week in a row, six of the eight major fertilizers are lower 
compared to last month with the remaining two nutrients being slightly higher. 
However, no fertilizer had a sizeable price move in either direction. DTN 
designates a significant move as anything 5% or more.  

Russ Quinn
DTN Staff Reporter

   OMAHA (DTN) -- Retail fertilizer prices shifted mostly lower in the first 
full week of September 2026.

   For the third week in a row, six fertilizers were lower compared to last 
month, while the remaining two were slightly higher. DTN designates a 
significant move as anything 5% or more.

   Unlike the previous week, none of the eight fertilizers had a significant 
move in either direction.

   Six fertilizers were slightly lower compared to a month ago. Potash had an 
average price of $494/ton, urea $658/ton, 10-34-0 $717/ton, anhydrous $938/ton, 
UAN28 $430/ton and UAN32 $457/ton.

   The remaining two nutrients were just slightly more expensive looking back a 
month. DAP had an average price of $923/ton and MAP $962/ton.

   On a price per pound of nitrogen basis, the average urea price was 
$0.72/lb.N, anhydrous $0.57/lb.N, UAN28 $0.77/lb.N and UAN32 $0.71/lb.N.

   At a meeting in Iowa last week, USDA Deputy Agriculture Secretary Stephen 
Vaden told more than 170 farmers from 13 states that the Trump administration 
is focused on increasing fertilizer supplies, while federal agencies also need 
farmers' help to build a case against the fertilizer industry over alleged 
anticompetitive practices 
(https://www.dtnpf.com/agriculture/web/ag/crops/article/2026/09/14/deputy-ag-sec
retary-encourages-keep).

   The Iowa Corn Growers Association said farmers gathered in Iowa on Friday 
for a hearing with Vaden to discuss fertilizer prices and market competition. 
Farm groups have increased their efforts to raise concerns about high 
fertilizer prices and industry concentration.

   "American farmers are being bled dry by fertilizer prices that have 
continued to climb, generating over $20 billion in profits for fertilizer 
shareholders within the past five years, while the American farmer has seen the 
price of fertilizer double, even tripling at times, since 2020," the Iowa Corn 
Growers stated.

   At the meeting, corn growers continued to press their case that the federal 
government needs to address market consolidation in the fertilizer industry. 
Corn farmers held a similar event last May in Texas with the chairman of the 
Federal Trade Commission, which has announced an investigation into the 
fertilizer industry.

   "We have continued to reiterate that as farmers, we cannot face big 
fertilizer alone, but that doesn't mean that we will be quiet and continue to 
be taken advantage of," Iowa Corn Growers Association President Steve Kuiper 
said.

   Seven of the eight fertilizers are now higher in price compared to one year 
ago.

   Potash is 1% higher, both urea and UAN28 are 4% more expensive, MAP is 5% 
higher, DAP is 7% more expensive, 10-34-0 is 8% more expensive and anhydrous is 
22% higher looking back to last year.

   UAN32 is the lone exception, running 5% lower than a year earlier.

   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://nam11.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.mydtn.com%
2Fagriculture%2Fweb%2Fag%2Fmarkets%2Ffuels-fertilizers%23!%2Ffertilizers&data=05
%7C02%7Cruss.quinn%40dtn.com%7Cf1e47b0a053945b79ba208dd2439d8be%7Cd945da26f07f45
1496e79b8f78a743d0%7C0%7C0%7C638706553088378040%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0
eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3
D%3D%7C0%7C%7C%7C&sdata=0nHBqGRZc2sL6sv7UeOHHGnywVt9%2FerFeRhwM8JbKNg%3D&reserve
d=0.

   Higher fertilizer prices could be here to stay, according to a recent report 
from CoBank. The report said lasting effects from the conflict in the Middle 
East, combined with tight supplies, could create higher prices and sourcing 
issues with nutrients in 2027 and beyond. You can read about it here: 
https://www.dtnpf.com/agriculture/web/ag/crops/article/2026/09/09/6-8-fertilizer
-prices-lower-led.

DRY
Date Range                       DAP           MAP       POTASH      UREA
Sep 8-12 2025                    862           917       488         631

Oct 6-10 2025                    921           922       485         601

Nov 3-7 2025                     926           930       489         597

Dec 1-5 2025                     916           921       489         586

Dec 29-Jan 2 2026                847           876       484         566

Jan 26-30 2026                   851           866       485         583

Feb 23-27 2026                   853           880       486         611

Mar 23-27 2026                   857           906       489         826

Apr 20-24 2026                   901           939       492         866

May 18-22 2026                   912           953       494         831

Jun 15-19 2026                   910           955       494         731

Jul 13-17 2026                   911           958       494         682

Aug 10-14 2026                   917           960       495         678

Sep 7-11 2026                    923           962       494         658

LIQUID
Date Range                       10-34-0       ANHYD     UAN28       UAN32
Sep 8-12 2025                    667           768       414         482

Oct 6-10 2025                    666           814       419         466

Nov 3-7 2025                     666           858       414         465

Dec 1-5 2025                     667           865       414         465

Dec 29-Jan 2 2026                674           867       411         466

Jan 26-30 2026                   665           856       408         464

Feb 23-27 2026                   665           865       412         465

Mar 23-27 2026                   710           1035      484         558

Apr 20-24 2026                   722           1116      526         595

May 18-22 2026                   724           1118      531         586

Jun 15-19 2026                   723           1091      511         544

Jul 13-17 2026                   719           967       480         465

Aug 10-14 2026                   718           964       446         458

Sep 7-11 2026                    717           938       430         457


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

   Follow him on social platform X @RussQuinnDTN




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