Cash Market Moves
It's been slow going for spring wheat planting in some parts of North Dakota and South Dakota as the cold temperatures are still hanging around.
DTN Retail Fertilizer Trends
Average retail prices for all eight major fertilizers were up from the previous month during the fourth full week of April 2026. Prices for three fertilizers were again up significantly, which DTN designates as anything 5% or more. The remaining five fertilizers were just slightly more expensive.
Lower Food Production Projected
The director-general of the U.N. Food and Agriculture Organization (FAO) is warning that fertilizer disruptions tied to the Strait of Hormuz will strain the global food system and tighten food supplies in the second half of 2026 and into next year.