# Anhydrous Prices Fall Another 7% - ProAg

> US fertilizer prices were largely stagnant in the first week of January 2024. Anhydrous fell 7% month-on-month to an average of $789/ton, and urea averaged $534/ton while potash averaged $513/ton. Six of eight major fertilizers were lower than a month earlier, while DAP and 10-34-0 rose slightly.

- Date: 2024-01-11 · published 2024-01-11T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11088-anhydrous-prices-fall-another-7-proag
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Lower US urea and potash prices reduce nutrient costs for the coming spring application season. The broad softness signals reduced input cost pressure on US crop margins.

## Read by commodity

- DAP: neutral
- UREA: bearish ▼
- POTASH: bearish ▼

## Sources

- proag.com: https://www.proag.com/news/anhydrous-prices-fall-another-7/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.