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Retail fertilizer prices were mixed in late April 2023, with DAP and MAP edging up while most other products kept falling. Anhydrous averaged $995/ton, its first sub-$1,000 reading since October 2021, and all major fertilizers were at least 18% cheaper than a year earlier.
Lower retail nutrient prices reflect weaker wholesale markets and reduce input costs for feed grain production. Sustained declines could ease feed cost pressure over the coming season.
farmpolicynews.illinois.eduKeith GoodApr 30, 2023Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
