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·Retail fertilizer prices continued to be mixed at the end of 2023 with prices for six of the eight major fertilizers lower and the other two slightly higher than last month On a price per
·Results from a quarterly survey of retail fertilizer prices in the state of Ohio revealed fertilizer prices were slightly lower than the July national averages reported by Progressive Farmer for the second consecutive quarter DTN Quinn 2024 prices for nitrogen products saw a modest decrease in price while phosphates were mixed with
·A regional geopolitical conflict and sudden massive supply disruptions have revealed vulnerabilities in our global fuel fertilizer food nexus As nitrogen N fertilizer price spikes threaten
This product summarizes fertilizer consumption in the United States by plant nutrient and major fertilizer products—as well as consumption of mixed fertilizers secondary nutrients and micronutrients—for 1960 through the latest year for which statistics are available The share of planted crop acreage receiving fertilizer and fertilizer applications per receiving acre by
1 ·Urea is the most widely used nitrogen fertilizer in the world accounting for some 62% of global demand for this key nutrient Current price reports Weekly Report Keep abreast of the urea market and spot new opportunities with our weekly market report Key benefits include reliable price discovery news on key developments and trade
·The different nitrogen products in cost of nitrogen per pound are as follows • Potash rose to almost $900 per ton in 2022 which is up from $375 per ton for the five year average Parman showed some of the current prices for fertilizer in surrounding states according to DTN There is no data for North Dakota as there are not enough
·The GB fertiliser price series aims to increase transparency in the market and help levy payers understand price trends for a key input Farmers Weekly seeks to ensure but cannot guarantee that
3 ·In 2023 the Ethiopian fertilizer market increased by 45% to $399M for the first time since 2020 thus ending a two year declining trend Overall consumption however recorded a noticeable decrease Over the period under review the market attained the peak level at $569M in 2012; however from 2013 to 2023 consumption stood at a somewhat lower figure
·After months of fertilizer prices relentlessly trending higher nitrogen prices have shown some relief in recent months While nitrogen prices have dipped lower they remain historically high Even after dropping nearly 25% since the spring anhydrous ammonia prices remain more than double the $400 $600 range common from 2016 through 2020
The latest price of Nitrogen 28% Fertilizer FOB Illinois in the USA for the current quarter is USD 255/MT APAC The APAC region has experienced mixed trends in nitrogen pricing during the fourth quarter of 2023 Oct to Dec The market has been influenced by various factors including supply and demand dynamics plant shutdowns and the
All Prices Subject To Change Without Notice Prices are volatile and are subject to change at any time Product Charge Cash Per Cwt Per Unit Change; 46 0 0 Liquid and Dry Fertilizer Acre $ Water or Row Crop Acre $ Grass/Pasture Acre $ Dry Fertilizer Blending Ton $ Click Logo For More
Fertilizers prices news and market analysis including outlooks and long term forecasts across key regions for a detailed overview of the fertilizers sector 25 October Argus — Brazilian state controlled oil company Petrobras will resume construction of its nitrogen based fertilizer unit UFN III in Tres Lagoas in central western Mato
·These projections are made at a $ per bushel corn price and a $ per bushel soybean price current bids for fall delivery Changes in corn and soybean prices will impact profitability and break even prices also are shown in Table 1 As nitrogen fertilizer prices increase corn prices must increase relative to the soybean price for
·The current energy cost trends predict a continued increase of nitrogen fertilizer prices There is likely no better time for fertilizer users to recognize and adjust use to maximize profit Figure 1 was developed using the TAPS 2018 data; as expected Nitrogen N fertilizer use plateaued in its effect in increasing productivity in fact the
·Nitrogen fertilizers primarily are used to supply nitrogen including anhydrous ammonia 28% and 32% nitrogen solutions and urea Overall current fertilizer price levels point to above average fertilizer costs for 2022 The 2022 corn and soybean budgets for high productivity farmland currently have values at $193 per acre for corn and $63
·A peak in fertilizer prices last year forced many to pay significantly more for their 2023 inputs As plans for 2024 are well underway prices figure to be lower but They are highly correlated with corn prices and natural gas prices and current fall bids suggest a decline in those prices Natural gas has also declined from above
ABOUT WFM PRICES Our price reporting services present accurate and reliable price assessments as they are based on direct communication with market players and semi annually revised WFM s methodology WFM offers accurate price discovery across 158 key active price benchmarks as well as current information for global fertilizer and raw material markets across
·In the lead up to the Russian invasion of Ukraine Urea fertilizer prices more than doubled from September to November of 2021 Premium Statistic Nitrogen production of Nutrien 2017 2023;
·The nitrogen fertilizer had an average price of $564/ton Six other fertilizers were slightly more expensive DAP had an average price of $760/ton MAP $816/ton 10 34 0 $622/ton anhydrous $788
The ease of urea availability east and west of Suez has shaped the current trade flows of this key nitrogen fertilizer Despite challenges posed by energy prices and military conflicts key import markets such as India Australia and Latin America remain robust
·Historically nitrogen fertilizer prices have been positively correlated with prices for both corn and natural gas Current corn and natural gas prices suggest fertilizer prices may continue to decline into the fall as farmers begin to consider their fertilizer purchases for the 2025 crop If current corn and natural gas prices hold $ per
·The nitrogen fertilizer s average price was at $577 per ton which continues to be an all time high in the DTN data set Anhydrous was 18% more expensive compared to last month The average price
4 ·Flexible trade execution Available as cleared swaps and futures contracts Safety and security Indexed against Profercy & ICIS to provide greater accessibility and consistency to the global fertilizer market Market liquidity Current OTC market participants can transition to cleared futures on CME Globex and CME ClearPort; Futures leverage Contracts are listed 12 months
·The average retail prices of nitrogen fertilizers are at all time highs for DTN s 13 year old database; MAP nears prices last seen in 2008
