OMAHA (DTN) -- Most average retail fertilizer prices continued to be higher than last month during the first week of February 2025, according to sellers surveyed by DTN. And for the second consecutive week, prices for two fertilizers were up considerably.

Retail prices for six of the eight major fertilizers were higher, with the price of two up significantly, which DTN designates as anything 5% or more. Leading the pack were urea, which was 7% higher compared to last month with an average price of $525 per ton, and UAN32, which was 6% more expensive with an average price of $388 per ton.

The prices of four other fertilizers were slightly higher than last month: DAP had an average price of $745, 10-34-0 $632/ton, anhydrous $741/ton and UAN28 $332/ton.

Prices for the remaining two fertilizers were down slightly from last month. MAP had an average price of $806/ton, while potash was at $436/ton looking back a month.

On a price per pound of nitrogen basis, the average urea price was $0.57/lb.N, anhydrous $0.45/lb.N, UAN28 $0.59/lb.N and UAN32 $0.61/lb.N.

In a University of Illinois Farmdoc Daily report titled "Tariff Threats and US Fertilizer Imports" from Feb. 4, agricultural economics staff examined possible tariffs on imports from Canada and Mexico and the effect they might have on fertilizer (https://farmdocdaily.illinois.edu/…).

Potassium (K) would likely see the greatest price increase given the U.S.'s reliance on imports, according to the report.

"According to the Illinois Production Cost report, potash prices are currently around $450 per ton," the report said. "Full pass-through of the 25% tariff could increase prices by more than $100 per ton for supplies sourced from Canada."

While U.S. farmers are less reliant on imports of nitrogen fertilizers, tariffs could also lead to higher prices for those products, the report said. No significant impact on phosphorus fertilizer would be expected given the small reliance on imports and the negligible import levels from Canada, Mexico and China, according to the report.

Two fertilizers are now higher in price compared to one year ago. DAP is 1% higher while 10-34-0 is 4% more expensive looking back to last year.

The remaining six fertilizers are lower. MAP, urea, UAN28 and UAN32 are all 1% less expensive, anhydrous is 4% lower and potash is 14% less expensive compared to last year.

DTN gathers fertilizer price bids from agriculture retailers each week to compile the DTN Fertilizer Index. DTN first began reporting data in November 2008.

In addition to national averages, MyDTN subscribers can access the full DTN Fertilizer Index, which includes state averages, here: https://www.mydtn.com/….

Possible tariffs could have negative affect on Canadian potash prices, according to different sources. You can read about it here: https://www.dtnpf.com/….

Russ Quinn can be reached at Russ.Quinn@dtn.com

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