U.S. retail fertilizer prices fall for 7th straight week as UAN32 drops 14% from June peak

U.S. retail fertilizer prices fell for the seventh consecutive week in late July, with UAN32 leading all nutrients at a 14% month-on-month decline to $461 per ton, according to DTN data.

Anhydrous ammonia dropped 11% to $962/ton, falling below $1,000 for the first time since March. UAN28 fell 6% to $473/ton and urea declined 5% to $683/ton, one week after dropping below $700 for the first time in 17 weeks. The specialty blend 10-34-0 eased 1% to $718/ton.

Three nutrients posted small increases. MAP rose 1% to $958/ton, DAP edged up to $913/ton and potash held steady at $494/ton.

On a cost-per-pound-of-nitrogen basis, anhydrous ammonia remains the cheapest source at $0.59/lb N, followed by UAN32 at $0.72, urea at $0.74 and UAN28 at $0.85.

Despite the seven-week retreat, year-over-year comparisons remain elevated across the board. Anhydrous is 26% above August 2025 levels, MAP is 9% higher, DAP is 13% higher and UAN28 is 13% more expensive. UAN32 is the only product trading below its year-ago price, at 7% less.

The wholesale-to-retail correction continues to work through the supply chain as global urea prices have dropped sharply since their spring peak above $800/ton.

Source: DTN