OMAHA (DTN) -- Global fuel markets' oversupply and a drop in fertilizer demand are helping push input prices lower for farmers this year.
Retail fertilizer prices fell slowly in recent months because of lower commodity prices. Prices tracked by DTN show fertilizers started this year down from a year earlier.
For the last week of January 2016, 10-34-0 was 2% lower compared to last year. All the rest were down double-digits: DAP by 13%, MAP 14%, UAN32 15%, UAN28 17%, and potash, urea and anhydrous all by 20%.
Despite the lower prices, farmers are looking at how they can cut ...