As farmers hit the fields for planting season, fertilizer prices are starting to track higher. Analysts with DTN found that three of the eight major types saw price jumps over 10 percent.
UAN32 gained 10 percent compared to last month, now at $439 per ton and five percent higher on the year. UAN28 and potash both jumped five percent on the month, and UAN28 is now three percent higher than this time last year.
Despite the recent gains, potash still remains nearly 10 percent off last year’s levels.
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Researchers at Florida Atlantic University’s Harbor Branch Oceanographic Institute found human sewage, not fertilizer, is mainly responsible for dangerous nitrogen levels in Florida’s Indian River Lagoon.
In June, prices were down 77% compared to the highest weekly price in 2022.
