The study conducted by Schnitkey et al., (2021), revealed that fertilizer prices were $746 per ton for anhydrous ammonia, $717 per ton for Diammonium Phosphate (DAP), and $600 per ton for potash on July 29, 2021, which were considerably higher values than in 2020 at the same time (p.2).
| Dry | ||
|---|---|---|
| Date Range | DAP | POTASH |
| Jan 18-22 2021 | 493 | 379 |
| Feb 15-19 2021 | 600 | 404 |
| Mar 15-19 2021 | 616 | 424 |
How much does a ton of nitrogen fertilizer cost?
11/10/2021 · Twelve months later, fertilizer prices now approach decade highs (Figure 1). In early October, anhydrous ammonia was at an average of $856 per ton, slightly off the 2013 high of $892 per ton. DAP and potash, however, are considerably higher than previous highs. Current DAP prices are $780 per ton, compared to the previous high of $710 in late 2011.
What will fertilizer costs be like in 2022?
20/10/2021 · The study conducted by Schnitkey et al., (2021), revealed that fertilizer prices were $746 per ton for anhydrous ammonia, $717 per ton for Diammonium Phosphate (DAP), and $600 per ton for potash on July 29, 2021, which were considerably higher values than in 2020 at the same time (p.2).
Which fertilizer is the best choice for 2021?
16/12/2021 · Urea fertilizer cost Matt Miles — a corn, soybean, rice, and cotton farmer in Arkansas — $400 per ton for the 2021 growing season. At $1,100 per ton, Miles faces a 175% price increase for the 2022 growing season. Growing corn in 2022 will cost him an additional $180 an acre in fertilizer alone, compared with 2021.
Will fertilizer prices continue to climb?
08/12/2021 · The average retail price of anhydrous the first partial week of December 2021 was $1,313 per ton, up 18% from a month prior. (DTN chart)
How much does fertilizer cost per ton?
The liquid nitrogen fertilizer had an average price of $661/ton, also an all-time high. Urea was 7% more expensive compared to last month. The nitrogen fertilizer had an average price of $887/ton, an all-time high.15-Dec-2021
Why are fertilizer prices so high in 2021?
“Global fertilizer prices have reached record highs this year, in part due to soaring prices for the natural gas used to produce them, and severe storms in the United States that disrupted production,” according to a December 9 Reuters article.16-Dec-2021
What is going on with fertilizer prices?
Fertilizer prices are the issue top of mind for farmers heading into 2022 since fertilizer costs account for approximately 15% of total cash costs in the U.S. All major crop production nutrients have experienced increased prices when compared to September 2020: ammonia has increased over 210%; liquid nitrogen has ...13-Dec-2021
How much does commercial fertilizer cost?
From 2009 to 2020, fertilizer costs averaged $159 per acre for corn, ranging from a low of $131 per acre in 2018 to a high of $200 per acre in 2012. Soybean costs averaged $52 per acre, with a low of $42 per acre in 2010, 2018, and 2020, reaching a high of $68 per acre in 2012.03-Aug-2021
Will fertilizer prices go down in 2022?
OMAHA (DTN) -- Retail fertilizer prices continue to be mostly higher the second week of January 2022, according to retailers surveyed by DTN. However, for the first time in more than 13 months, a fertilizer was actually lower than a month ago.19-Jan-2022
How many acres does a ton of fertilizer cover?
2,000 lb./ton ÷ 238 lb. per acre = 8.4 acres per ton. Calculate the fertilizer cost per acre.14-Jun-2016
Are fertilizer prices dropping?
“The Green Markets North American Fertilizer Price Index, which more than doubled in 2021, fell 5.2% Friday after spiraling down the most since 2009 last week.17-Jan-2022
Are fertilizer prices going up?
Already up as much as 200% year-over-year, the cost of fertilizing crops is expected to get even more expensive in 2022. That's the message Dr. Joe Outlaw, co-director of the Texas A&M University Agricultural and Food Policy Center (AFPC), delivered to farmers at the Blackland Income Growth Conference.18-Jan-2022
Why is fertilizer price doubled?
The rise in fertilizer costs is partly fueled by elevated natural gas prices, a key ingredient for nitrogen-based fertilizers, as well as by severe storms in the U.S. that disrupted fertilizer plants earlier this year and a move by China this summer to ban exports of phosphate, a major fertilizer component.15-Dec-2021
How much is a ton of potash worth?
In the second half of 2017, prices began to increase, eventually reaching US$275/tonne at the beginning of 2019 before decreasing steadily to about US$200/tonne by the end of 2020.03-Feb-2022
How many pounds of fertilizer do I need for 1 acre?
Determining Amounts of Fertilizer for Small AreasTable 1. Conversion from Pounds Per Acre to Pounds Per 100 or 1,000 sq ftRate per acre (lb)Rate per 100 sq ft1,0002.302,0004.59General formula: Desired pounds = [(pounds per acre) ÷ 43,560] × (sq ft to be fertilized) 1 acre = 43,560 sq ft, 1 pound = 16 ounces or 454 g8 more rows
How much is nitrogen fertilizer per ton?
The nitrogen fertilizer's average price was $1,308 per ton, which continues to be all-time high in the DTN data set. Mr. Quinn noted that, “UAN32 was 26% more expensive compared to last month with the average price at $660/ton, an all-time high.05-Dec-2021