OMAHA (DTN) -- Average retail prices for three fertilizers again led prices for seven of the major fertilizers higher for the third week of May, according to sellers surveyed by DTN.

Average retail prices for seven of the eight major fertilizers were higher compared to last month. Prices for three of those were significantly higher, which DTN designates as anything 5% or more.

Leading the way higher again for prices was urea. The nitrogen fertilizer was up 13% from last month with an average price of $652 per ton.

Both UAN28 and UAN32 were more expensive compared to last month, with UAN28 by 9%, while UAN32 was by 10%. UAN28 had an average price of $414/ton while UAN32 is $494/ton.

Four fertilizers had slightly higher prices. DAP had an average price of $798/ton, MAP $827/ton, potash $470/ton and 10-34-0 $666/ton.

One fertilizer was slightly lower compared to the prior month. Anhydrous had an average price of $779/ton.

On a price per pound of nitrogen basis, the average urea price was $0.71/lb.N, anhydrous $0.48/lb.N, UAN28 $0.74/lb.N and UAN32 $0.77/lb.N.

In Josh Linville's StoneX Fertilizer Media Update from May 20, the fertilizer analyst mentioned the Chinese urea export program is taking shape for 2025. Normally China exports 5 to 5.5 million tons per year and in 2024 this number was only 262,000 tons.

"We are hearing 2 million tons in 2025," Linville wrote.

This would be less than what is normally see in the export program, but this would be significantly improved from last year. We still need to see how it shakes out and, more importantly, how the market views it, he wrote.

Also, UAN solutions remain extremely tight supplied. The good news is June is looking better with more supply, but we have to get there first, Linville wrote.

Five fertilizers are now higher in price compared to one year earlier: DAP by 2%, 10-34-0 by 4%, UAN28 by 15% and urea and UAN32 by 18%.

The remaining three fertilizers are lower. MAP and anhydrous are both 1% less expensive while potash is 8% lower 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/….

Researchers are exploring innovative fertilizer technologies, according to an article from Fertilizer Daily. You can read about it here: https://www.dtnpf.com/….

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

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