The DTN Fertilizer Index, a weekly survey of more than 300 retailer prices, showed dry urea averaging $873 per ton in the first week of December 2021. With 920 pounds of nitrogen provided to a crop from each ton of urea, that’s $0.95 per pound of nitrogen. With liquid UAN-32 fertilizer priced at $661 per ton and 640 pounds of nitrogen available from each ton, that’s $1.03 per pound of nitrogen.
These prices don’t seem to have any chance of declining, but there are viable options for reducing synthetic fertilizer costs by incorporating biological products into your crop program. The integration of biological products can deliver a greater ROI by reducing the cost of inputs and increasing quality crop yields.
Today’s biofertilizer market is $1.2 billion to $1.5 billion. Biologicals are projected to have a growth rate that’s two to three times faster than the traditional crop protection market. Bio-controls and bio-stimulants will have global sales of more than $15 billion by 2027!











