OMAHA (DTN) - Fertilizer prices tracked by DTN for the third week of May 2011 show very little movement in either direction with the continuing exception being 10-34-0. Retailers report farmers are beginning to think about next year's crop fertilizer needs even as they continue to plant this year's crop.
Starter again leads the way higher, up 6 percent compared to one month earlier. The starter fertilizer had an average price of $824 per ton.
The remaining seven fertilizers were up just slightly compared to the third week of April. DAP had an average price of $677/ton, MAP $706/ton, potash $602/ton, urea $493/ton, anhydrous $747/ton, UAN28 $374/ton and UAN32 $429/ton.
On a price per pound of nitrogen basis, the average urea price was at $0.54/lb.N, anhydrous $0.46/lb.N, UAN28 $0.67/lb.N and UAN32 $0.67/lb.N.
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