For one month straight, all eight of the major fertilizers are less expensive compared to a month ago.
According to the latest DTN update, the cost of anhydrous is down another 7 percent compared to last month. However, looking at the bigger picture, despite lower prices in recent months, all fertilizers continue to be significantly higher than a year ago, including anhydrous, which is 78 percent more expensive.
Related:
Producers see relief in fertilizer prices
DTN’s fertilizer outlook remains stable
Why are fertilizer prices dropping?