OMAHA (DTN) -- As has been the case in recent weeks, fertilizer prices continue to move very little, according to retailers tracked by DTN for the fourth week of May 2016. Retail fertilizer prices have been unwavering for seven consecutive weeks now.
Seven fertilizers inched lower compared to last month, the survey found. None were down an amount of any consequence. DAP averaged $476/ton, MAP $501/ton, potash $365/ton, urea $381/ton, 10-34-0 $560/ton, anhydrous $587/ton and UAN32 $321/ton.
The remaining fertilizer was slightly higher compared to the month earlier but again the move was fairly small. UAN28 averaged $274/ton.
On a price per pound of nitrogen basis, urea averaged $0.41/lb.N, anhydrous $0.36/lb.N, UAN28 $0.49/lb.N and UAN32 $0.50/lb.N.
Although retail fertilizer prices have stagnated in recent months, fertilizers remain lower compared to a year earlier. All fertilizers are now double digits lower.
UAN32 and 10-34-0 are both 14% lower while MAP is 16% less expensive. DAP, urea, anhydrous and UAN28 are all 17% lower from a year ago. In addition, potash is 26% less expensive.
DTN collects roughly 1,700 retail fertilizer bids from 310 retailer locations weekly. Not all fertilizer prices change each week. Prices are subject to change at any time.
DTN Pro Grains subscribers can find current retail fertilizer price in the DTN Fertilizer Index on the Fertilizer page under Farm Business.
Retail fertilizer charts dating back to November 2008 are available in the DTN fertilizer segment. The charts included cost of N/lb., DAP, MAP, potash, urea, 10-34-0, anhydrous, UAN28 and UAN32.
DTN's average of retail fertilizer prices from a month earlier ($ per ton):
|May 25-29 2015||570||597||492||459|
|June 22-26 2015||572||597||490||469|
|July 20-24 2015||569||594||487||469|
|Aug 17-21 2015||568||587||477||448|
|Sept 14-18 2015||563||579||462||432|
|Oct 12-16 2015||547||564||440||418|
|Nov 9-13 2015||547||561||426||405|
|Dec 7-11 2015||534||555||417||397|
|Jan 4-8 2016||495||521||392||381|
|Feb 1-5 2016||488||502||381||370|
|Feb 29-Mar 4 2016||476||492||373||374|
|Mar 28-Apr 1 2016||478||501||370||386|
|Apr 25-29 2016||476||502||366||386|
|May 23-27 2016||476||501||365||381|
|May 25-29 2015||650||710||332||371|
|June 22-26 2015||641||690||330||369|
|July 20-24 2015||636||689||324||354|
|Aug 17-21 2015||611||667||309||349|
|Sept 14-18 2015||593||653||300||345|
|Oct 12-16 2015||584||640||295||338|
|Nov 9-13 2015||581||631||289||332|
|Dec 7-11 2015||575||625||284||330|
|Jan 4-8 2016||572||582||273||316|
|Feb 1-5 2016||549||555||263||305|
|Feb 29-Mar 4 2016||566||537||260||309|
|Mar 28-Apr 1 2016||561||580||268||315|
|Apr 25-29 2016||560||587||274||321|
|May 23-27 2016||560||587||274||321|
Russ Quinn can be reached at email@example.com
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