Fertilizers

Retail Fertilizer Prices Mixed in August, Urea Slightly Lower

Fertilizer prices remained mixed in late August, with slight shifts up in phosphates and down in nitrogen products.

AgroLatam USA
AgroLatam USA

U.S. retail fertilizer prices were again mixed in the fourth week of August 2025, continuing a now month-long pattern of price volatility that reflects cautious buying behavior and localized supply and demand fluctuations.

According to DTN's data, four fertilizers saw slight price increases:

  • DAP: $853/ton

  • MAP: $910/ton

  • Potash: $485/ton

  • Anhydrous ammonia: $765/ton

Meanwhile, four fertilizers recorded minor price declines:

  • Urea: $632/ton

  • 10-34-0: $667/ton

  • UAN28: $417/ton

  • UAN32: $482/ton

These shifts remain within a non-significant range, as DTN considers any movement of 5% or more as a major change.

Urea prices are slightly lower than a month ago with an average price of $632/ton. (DTN chart)

Urea prices are slightly lower than a month ago with an average price of $632/ton. (DTN chart)


Nitrogen Costs Show Competitive Edge for Anhydrous

When analyzed by cost per pound of nitrogen, anhydrous continues to offer a cost advantage:

  • Urea: $0.69/lb.N

  • Anhydrous ammonia: $0.47/lb.N

  • UAN28: $0.75/lb.N

  • UAN32: $0.75/lb.N

This may influence fall application plans, particularly in corn-heavy states where nitrogen efficiency remains a cost-sensitive issue.

Phosphorus Management Under the Spotlight

Dr. Ehsan Ghane of Michigan State University has recently emphasized that applying phosphorus when soil levels are already high does not improve profitability and can harm the environment. His article, "No Payoff From High Soil Test Phosphorus," explains that over-application contributes to nutrient runoff and algal blooms, especially in sensitive watersheds like Lake Erie.

"Maintaining soil test phosphorus at or slightly above the critical level ensures productivity without the excess risk of nutrient loss," Ghane noted, reinforcing a growing consensus on nutrient stewardship.

Year-over-Year Fertilizer Price Comparison

Compared to the same period in 2024, seven of eight fertilizers are now more expensive:

  • 10-34-0: +4%

  • MAP: +12%

  • Anhydrous: +13%

  • DAP: +15%

  • UAN28: +27%

  • Urea: +29%

  • UAN32: +32%

Potash is the only fertilizer with a 1% price decrease from last year.

Since 2008, DTN has tracked fertilizer price trends through its Fertilizer Index, providing ag retailers and producers with weekly national benchmarks.

  

Retail Fertilizer Prices (USD per ton)

Dry Fertilizers

Date RangeDAPMAPPOTASHUREA
Aug 26-30, 2024742814487492
Sep 23-27, 2024738812457485
Oct 21-25, 2024740808452500
Nov 18-22, 2024740811443498
Dec 16-20, 2024738810442488
Jan 13-17, 2025739809443492
Feb 10-14, 2025754809442536
Mar 10-14, 2025765810447548
Apr 7-11, 2025777822467572
May 5-9, 2025787825473621
June 2-6, 2025802832475663
June 30-July 4, 2025810847481656
July 28-Aug 1, 2025817884483645
Aug 25-30, 2025853910485632

Liquid Fertilizers

Date Range10-34-0Anhydrous Ammonia (ANHYD)UAN28UAN32
Aug 26-30, 2024639676328364
Sep 23-27, 2024593684320351
Oct 21-25, 2024604705316363
Nov 18-22, 2024611718323364
Dec 16-20, 2024613721320363
Jan 13-17, 2025616737326366
Feb 10-14, 2025638747342393
Mar 10-14, 2025646751354397
Apr 7-11, 2025655780373439
May 5-9, 2025665783406484
June 2-6, 2025669776419495
June 30-July 4, 2025672770418501
July 28-Aug 1, 2025672762419497
Aug 25-30, 2025667765417482
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