DTN Retail Fertilizer Trends

OMAHA (DTN) -- Retail fertilizer price trends show no clear pattern as corn planting begins, according to retail fertilizer prices tracked by DTN for the second week of April 2016.

Prices for four fertilizers edged higher while the other four fertilizers slipped compared to last month, but none moved by any significance. DAP averaged $480 per ton, MAP $504/ton, anhydrous $587/ton and UAN32 $318/ton.

The remaining four fertilizers were down a small amount compared to the month before. Potash averaged $367/ton, urea $388/ton, 10-34-0 $560/ton and UAN28 $273/ton.

On a price per pound of nitrogen basis, the average urea price was at $0.42/lb.N, anhydrous $0.36/lb.N, UAN28 $0.49/lb.N and UAN32 $0.50/lb.N.

Although the price collapse that started last summer has cooled in recent weeks, fertilizers remain lower compared to a year earlier. All fertilizers are now double digits lower.

10-34-0, urea and UAN32 were all 14% lower compared to a year earlier while DAP and MAP are both 16% less expensive. In addition, anhydrous is 17% lower, UAN28 is 18% less expensive and potash is 25% lower compared to a year earlier.

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 November 2008 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.

DTN's average of retail fertilizer prices from a month earlier ($ per ton):

DRY
Date Range	DAP	MAP	POTASH	UREA
Apr 13-17 2015	570	598	491	453
May 11-15 2015	570	598	491	457
June 8-12 2015	571	598	491	461
July 6-10 2015	570	596	489	470
Aug 3-7 2015	567	591	482	464
Aug 31-Sept 4 2015	564	583	471	439
Sept 28-Oct 2 2015	561	573	450	424
Oct 26-30 2015	546	562	431	409
Nov 23-27 2015	543	556	422	397
Dec 21-25 2015	519	541	408	390
Jan 18-22 2016	495	520	392	381
Feb 15-19 2016	477	496	375	370
Mar 14-18 2016	477	499	369	390
Apr 11-15 2016	480	504	367	388
LIQUID
Date Range	10-34-0	ANHYD	UAN28	UAN32
Apr 13-17 2015	649	711	332	370
May 11-15 2015	653	711	331	371
June 8-12 2015	649	709	331	371
July 6-10 2015	640	695	327	366
Aug 3-7 2015	628	677	318	354
Aug 31-Sept 4 2015	602	659	304	349
Sept 28-Oct 2 2015	594	644	295	342
Oct 26-30 2015	583	638	292	334
Nov 23-27 2015	580	624	286	325
Dec 21-25 2015	571	608	277	330
Jan 18-22 2016	571	581	272	319
Feb 15-19 2016	565	538	259	309
Mar 14-18 2016	560	566	276	312
Apr 11-15 2016	560	587	273	318

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

(MZT/AG)

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