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DTN Retail Fertilizer Trends 05/20 12:58
No Significant Fertilizer Price Increases, Although All Still Slightly Higher
All eight major fertilizers logged slightly higher prices for the second
full week of May 2026 compared to a month earlier. However, no fertilizer had a
considerable price increase for the first time in 13 weeks. That takes us back
to the first week of February 2026.
Russ Quinn
DTN Staff Reporter
OMAHA (DTN) -- Fertilizer prices continued to move higher in the second full
week of May 2026, according to retailers tracked by DTN.
All eight major fertilizers are more expensive compared to a month earlier.
However, no fertilizers had a considerable price increase for the first time in
13 weeks, going back to the first week of February. DTN designates a
significant move as anything 5% or more.
All fertilizers were just slightly higher compared to last month. DAP had an
average price of $913/ton, MAP $947/ton, potash was $493/ton, urea $864/ton,
10-34-0 $722/ton, anhydrous $1,126/ton, UAN28 $531/ton and UAN32 $597/ton.
On a price per pound of nitrogen basis, the average urea price was
$0.94/lb.N, anhydrous $0.69/lb.N, UAN28 $0.95/lb.N and UAN32 $0.93/lb.N.
The Fertilizer Institute (TFI) welcomed Tuesday's announcement from USDA
Agriculture Secretary Brooke Rollins reestablishing a Crop Inputs Economist
with the USDA's Office of the Chief Economist, according to a TFI press
release.
(https://www.tfi.org/media-center/2026/05/19/tfi-welcomes-reinstatement-of-usda-
crop-inputs-economist/)
"TFI thanks Secretary Rollins for hearing the concerns of farmers across the
country and advancing practical solutions that support market transparency and
provide farmers with additional tools and information to help navigate
volatility in a global fertilizer marketplace," TFI President and CEO Corey
Rosenbusch said.
"Improving access to timely, consistent, and reliable market information can
help strengthen understanding of fertilizer and crop input markets across the
agricultural economy, including the important distinction between domestic
production capacity and overall market share in a globally traded fertilizer
marketplace."
In testimony before the Senate Committee on Agriculture, Nutrition, and
Forestry earlier this month, TFI supported establishing a Crop Inputs Economist
within USDA's Office of the Chief Economist to provide independent and
consistent analysis and reporting on fertilizer and other crop input markets,
including supply, demand, production, trade, and pricing trends. Accurate
market analysis is especially important in fertilizer because domestic
production figures alone do not represent the full competitive marketplace
serving American growers, according to TFI.
All eight fertilizers are now higher in price compared to one year earlier.
Potash is 5% higher, 10-34-0 is 8% more expensive, both DAP and MAP are now
15% higher, UAN32 is 23% more expensive, UAN28 is 29% higher, urea is 37% more
expensive and urea is 45% higher looking back to last year.
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.
Fertilizer costs have risen significantly following the beginning of the
conflict with Iran, according to a recent report from the University of
Illinois. You can read about here:
https://www.dtnpf.com/agriculture/web/ag/crops/article/2026/05/13/dap-leads-fert
ilizer-prices-higher.
Dry
Date Range DAP MAP POTASH UREA
May 12-16 2025 794 825 469 630
June 9-13 2025 805 832 474 656
July 7-11 2025 810 847 481 658
Aug 4-8 2025 822 892 484 646
Sep 1-5 2025 860 913 487 632
Sep 29-Oct 3 2025 906 921 483 609
Oct 27-31 2025 927 931 487 598
Nov 24-28 2025 925 923 489 590
Dec 22-26 2025 866 884 484 567
Jan 19-23 2026 843 863 482 574
Feb 16-20 2026 852 880 487 608
Mar 16-20 2026 851 886 487 677
Apr 13-17 2026 894 932 491 858
May 11-15 2026 913 947 493 864
Liquid
Date Range 10-34-0 ANHYD UAN28 UAN32
May 12-16 2025 666 777 412 484
June 9-13 2025 669 773 418 495
July 7-11 2025 672 769 417 501
Aug 4-8 2025 669 765 421 498
Sep 1-5 2025 667 767 415 481
Sep 29-Oct 3 2025 666 813 419 465
Oct 27-31 2025 666 843 412 466
Nov 24-28 2025 667 865 417 466
Dec 22-26 2025 674 863 409 466
Jan 19-23 2026 665 856 409 464
Feb 16-20 2026 665 862 412 465
Mar 16-20 2026 671 931 473 489
Apr 13-17 2026 717 1114 520 579
May 11-15 2026 722 1126 531 597
Russ Quinn can be reached at Russ.Quinn@dtn.com
Follow him on social platform X @RussQuinnDTN
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