News > Co-op News > Fertilizer Market Update

Fertilizer Market Update

Dec 22, 2023

Budget

Market Updates

I hope this message finds you well. As a full-service crop inputs supplier, we understand the crucial role prepaying fertilizer plays in your agricultural operations for risk management and tax planning. Our commitment is to keep you informed about the fertilizer market trends and ensure we have adequate supply in our sheds before Spring, so we do not need to rely on unpredictable river logistics to get product to your fields just in time.

Market Trends Over the Last Several Months
The fertilizer market has experienced notable changes over the past year. Here's an overview of the year-to-year changes in pricing for various fertilizer products: 

  1. Nitrogen: Urea and UAN 32%/28%: Both have seen a significant decrease in prices with UAN maintaining a cost per unit of N premium vs. Urea (not as large of a premium as a year ago, but still a premium) 
  2. Potash: Also moved significantly downward since Spring but is flat compared to Fall. 
  3. MES10/DAP: While there's been a decrease in price since last Spring, the North American market is facing a shortage of phosphates. Despite the import duties changes on Moroccan products, the decrease in Chinese exports combined with increased duties on Russian products affects import availability in our market. 
  4. Other Products: AMS and XLRate have seen price reductions, while 98G and Cal-Sul have slightly increased. 2x2 liquids are also more affordable compared to last year. 

Upcoming Price Adjustments
Please note that these prices are subject to change no later than January 10th. The expected adjustments will at least cover the cost of money, depending on market conditions. Contact our sales team to schedule a meeting to discuss your 2024 needs. 

We understand that these market fluctuations can be challenging to navigate. Our team is here to support you in making informed decisions for your operation. We appreciate your trust in us and look forward to continuing our partnership. 

David Fiene

COO
 

 

Recent Posts

Corn Silage Harvest
Sep 01, 2025
By the time you are reading this, south central Wisconsin will be just over 45 days since vegetative growth stage (VT), otherwise known as tassel. Although many factors are taken into place, 42 to 47 days post tassel is a signal that the plant is ready to be harvested for corn silage. With how busy and chaotic this season may be, it is important to remember the basics to maximize your feed quality for the upcoming year.
Fertilizer Market Update
Sep 01, 2025
Current headlines surrounding the fertilizer markets tend to focus on high prices and affordability issues, especially with falling commodity prices. Ratios comparing the bushels of corn needed to buy a ton of fertilizer have, in some cases, reached record levels. Multiple factors including supply, tariffs, geopolitical tensions, and other global events are influencing markets today. Together, these factors have led to volatility in the market and current high costs.
From the Manager's Desk
Sep 01, 2025
I hope everyone had the chance to enjoy Labor Day weekend with family and friends. As summer begins to wind down, and with the many fairs throughout the area coming to a close, I’d like to congratulate all the kids who participated this year. If you haven’t done so already, there’s still time to check out our website for details on how our members’ kids can earn cash for showing livestock at the fair. In addition to awarding thousands of dollars to participants each year, Premier is also proud to sponsor many of the trophies presented at some of the local fairs. In some cases, we also provide products and financial support to local 4H groups traveling to the state fair. Good luck to all of you as you wrap up another show season.

Related Posts

Premier Co-op
Corn

From the Manager's Desk

I hope everyone had the chance to enjoy Labor Day weekend with family and friends. As summer begins to wind down, and with the many fairs throughout the area coming to a close, I’...

Sep 01, 2025
Premier Co-op
Diesel tank

Harvest without the Hassle

With harvest fast approaching, make downtime the thing of the past. Premier Cooperative brings you Cenex® fuel & lubricant solutions PLUS Cenex Automated Fuel Delivery (AFD) so ...

Sep 01, 2025
Premier Co-op
Propane Tank

September Energy News

I hope you had a fantastic Labor Day. As Matt said in his article, we’ll be wrapping up another fiscal year at the end of September. The end of the fiscal year is always an import...

Sep 01, 2025
Premier Co-op
Propane Tank

No Tank? No Problem

​Getting started with diesel storage has never been easier. Our Diesel Tank Lease Program offers a simple, hassle-free solution for producers who need reliable fuel access without the u...

Aug 06, 2025
SEE ALL CO-OP NEWS