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DTN's retail fertilizer survey for the fourth week of January 2024 showed six of eight major fertilizers lower versus a month earlier, with DAP and 10-34-0 slightly higher. Average prices were MAP $809/ton, potash $509/ton, urea $527/ton, anhydrous $770/ton, DAP $734/ton.
None moved by the 5% threshold DTN uses for significant change.
Retail fertilizer prices drifting lower with no significant moves signals a soft, well-supplied input market heading into spring application, which keeps feed-cost pressure from fertilizer modest.
dtnpf.comJan 30, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
