DTN tracks average retail fertilizer prices on a weekly basis, and the anhydrous price for the first week of January 2022 was at $1,430 per ton, an all-time high for our data. With Texas A&M's estimate, the anhydrous price would jump to $1,624 per ton.
How much does a ton of nitrogen fertilizer cost?
12/01/2022 · DAP had an average price of $863/ton, MAP $931/ton, potash $807/ton, urea $913/ton (all-time high), anhydrous $1,430/ton (all-time high), UAN28 $584/ton (all-time high) and UAN32 $679/ton (all ...
Will fertilizer prices continue to climb?
25/02/2022 · 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.
Which fertilizer is the best choice for 2021?
12/01/2022 · Anhydrous ammonia increased by as much as $688 per ton or $86,000 per 1,000-acre AFPC representative farm through October 2021. The AFPC representative farms are from across the country and are used to calculate and project potential implications on future production.
How much is urea per ton?
04/01/2022 · From January to July 2021, the average ex-factory price of China's urea (small pellets) was CNY 2267/ton, an increase of 33.27% year-on-year; the average ex-factory price of large particles of urea was CNY 2255/ton, an increase of 32.26% year-on-year; compound fertilizers with 45% content were shipped out The average price was CNY 2528/ton, a year-on …
Will fertilizer prices go up in 2022?
Skyrocketing fertilizer costs There's no way around it: fertilizer costs are going to be a major issue in 2022. For the first two weeks in January, anhydrous ammonia averaged $1,486 per ton, up from $700 to $800 last fall, according to the Illinois Production Cost Report.26-Jan-2022
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
Are fertilizer prices increasing?
Retail Fertilizer Prices Continue to Rise at Start of 2022, but at Slower Pace. OMAHA (DTN) -- It's a new year, but the same story of fertilizer prices moving higher. Average retail fertilizer prices continued to rise the first week of January 2022.12-Jan-2022
Are fertilizer prices falling?
“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
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 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
What is the cost of fertilizer per ton?
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.20-Oct-2021
How much does a ton of fertilizer cost?
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 is fertilizer so expensive this year?
“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
How long will fertilizer prices stay high?
The rising input costs, which account for 15% of total cash costs on U.S. farms according to the AFBF, are expected to remain high through spring 2022 due to a shortage of fertilizer supply.08-Jan-2022
Will phosphates run out?
Nearly all of the phosphorus that farmers use today—and that we consume in the food we eat—is mined from a few sources of phosphate rock, mainly in the United States, China, and Morocco. By some estimates, those could run out in as little as 50 to 100 years.14-Oct-2020
Why is anhydrous so expensive?
The price of nitrogen fertilizers is directly related to the price of natural gas (methane). Manufacturing 1 ton of anhydrous ammonia fertilizer requires 33,500 cubic feet of natural gas. This cost represents most of the costs associated with manufacturing anhydrous ammonia. ... Nitrogen is all around us.