Liquid nitrogen fertilizers — primarily UAN 28% and UAN 32% — are priced at $160–$220 per ton ($0.24–$0.36/gallon) in spring 2026. Prices are 12–22% above year-ago levels, tracking urea and ammonia markets upward as China nitrogen restrictions tightened global supply.
Current Signal: HOLD
Year-over-year change: +12–22%
| Market / Region | Price Range |
|---|---|
| UAN 32% bulk terminal | $0.28 – $0.33/gal |
| UAN 32% delivered | $0.31 – $0.36/gal |
| UAN 28% bulk terminal | $0.24 – $0.29/gal |
| Per ton (UAN 32%) | $183 – $235/ton |
UAN is a blend of urea and ammonium nitrate solutions. Its price is mechanically linked to both inputs. When urea and ammonia rise together — as in 2026 — UAN prices follow with a 2–4 week lag.
Liquid nitrogen requires specialized tanker trucks and pressurized storage. In a tight freight market, the liquid nitrogen logistics premium expands. Delivered prices in 2026 are $15–$25/ton above terminal prices.
UAN is the preferred liquid nitrogen source for corn sidedress applications (V4–V6). May and June application windows create a demand concentration that supports spring prices.
Unlike phosphate, U.S. liquid nitrogen production is largely domestic (Koch, CF Industries, Nutrien). The China restriction impact is indirect — through the urea feedstock market — which partially explains why liquid nitrogen rose less than DAP.
UAN 32% is $0.28–$0.36/gallon ($183–$235/ton) and UAN 28% is $0.24–$0.29/gallon in spring 2026.
Anhydrous ammonia is cheaper per unit of nitrogen at $0.55–$0.70/lb N versus UAN 32% at $0.87–$1.10/lb N. But liquid nitrogen has lower equipment requirements and blends with herbicides/fungicides.
Liquid nitrogen is typically quoted per gallon for UAN products. Some regions quote per ton. Multiply gallons by 11.06 (lbs/gal density for UAN 32%) to convert.
Late summer (July–September) typically offers the lowest liquid nitrogen prices as spring demand passes and fall pre-purchase season has not yet begun.
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