Fertilizer prices remain evenly mixed
According to DTN, five of the eight major fertilizers are lower compared to last month.
It is not yet clear if Hurricane Ian caused damage to Mosaic’s phosphate and potash mines, but the fertilizer giant warned of potential disruptions just as prices started to stabilize.
The latest DTN update shows five of the eight major fertilizers are lower compared to last month, including potash and DAP.
Three major players including urea, anhydrous, and UAN 28 were slightly more expensive than last month, with anhydrous coming in at $1,376/ton.
USDA has opened the window for applications for grants to help increase domestic fertilizer production.