DTN Retail Fertilizer Trends

OMAHA (DTN) -- Retail fertilizer prices dipped lower in the fourth week of May 2020, according to prices for eight major fertilizers tracked by DTN.

While no fertilizer has moved a significant amount, which DTN designates as 5% or more in either direction, a majority of fertilizers were lower for the first time in ten weeks.

Six fertilizers declined in price compared to last month with anhydrous declining $14/ton, or 3%, to $478/ton. DAP has an average price of $410/ton, down $3; potash $365/ton, down $5; urea $377/ton, down $9; UAN28 $236/ton, down $1; and UAN32 $279/ton, down less than a dollar.

The remaining two fertilizers had slightly higher prices compared to the prior month. MAP had an average price of $434/ton, up $1, and 10-34-0 was $468/ton, up less than $1.

On a price per pound of nitrogen basis, the average urea price was at $0.41/lb.N, anhydrous $0.29/lb.N, UAN28 $0.42/lb.N and UAN32 $0.44/lb.N.

Retail fertilizers are all lower in price from a year ago. Anhydrous is 19% lower, both DAP and MAP are 18% less expensive, UAN28 is 13% lower, urea is 12% less expensive, UAN32 is 11% lower, potash is 7% less expensive and 10-34-0 is 4% lower from last year at this time.

DTN collects roughly 1,700 retail fertilizer bids from 310 retailer locations weekly. Not all fertilizer prices change each week. Prices are subject to change at any time.

DTN Pro Grains subscribers can find current retail fertilizer price in the DTN Fertilizer Index on the Fertilizer page under Farm Business.

Retail fertilizer charts dating back to 2010 are available in the DTN fertilizer segment. The charts included cost of N/lb., DAP, MAP, potash, urea, 10-34-0, anhydrous, UAN28 and UAN32.

DRY
Date Range	DAP	MAP	POTASH	UREA
May 27-31 2019	497	527	392	430
Jun 24-28, 2019	495	531	392	429
Jul 22-26 2019	495	531	394	430
Aug 19-23 2019	491	495	387	413
Sep 16-20 2019	480	478	384	404
Oct 14-18, 2019	465	472	382	402
Nov 11-15 2019	457	465	382	388
Dec 9-13 2019	445	463	378	380
Jan 6-10 2020	435	444	375	358
Feb 3-7 2020	413	435	373	361
Mar 2-6 2020	409	432	369	369
Mar 30-Apr 3 2020	408	432	370	383
Apr 27-May 1 2020	413	433	370	386
May 25-29 2020	410	434	365	377
LIQUID
Date Range	10-34-0	ANHYD	UAN28	UAN32
May 27-31 2019	487	590	270	314
Jun 24-28, 2019	487	584	269	318
Jul 22-26 2019	485	582	272	320
Aug 19-23 2019	475	530	257	291
Sep 16-20 2019	471	509	254	289
Oct 14-18, 2019	471	507	253	289
Nov 11-15 2019	473	496	246	284
Dec 9-13 2019	470	489	241	276
Jan 6-10 2020	471	486	237	272
Feb 3-7 2020	464	490	235	277
Mar 2-6 2020	466	490	235	277
Mar 30-Apr 3 2020	467	492	235	278
Apr 27-May 1 2020	468	492	237	279
May 25-29 2020	468	478	236	279

Russ Quinn can be reached at russ.quinn@dtn.com

Follow him on Twitter @RussQuinnDTN

(c) Copyright 2020 DTN, LLC. All rights reserved.