DTN Retail Fertilizer Trends

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):

DRY
Date Range	DAP	MAP	POTASH	UREA
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
Liquid
Date Range	10-34-0	ANHYD	UAN28	UAN32
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 russ.quinn@dtn.com

Follow him on Twitter @RussQuinnDTN

(MZT/CZ)

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