For the first time since November 2020, most retail fertilizer prices have moved lower. After soaring to record levels, product values are finally cooling down.
 
The biggest drop has been in urea down nearly 50-percent since late March, with New Orleans prices dropping from a high of $935 per ton last year to $470 earlier this week.  One fertilizer expert tells me it’s tied to one of the latest planting seasons in several years.
 
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