DTN Retail Fertilizer Trends

OMAHA (DTN) -- Average retail prices for most fertilizers continued to fall in the final week of October, according to fertilizer retailers surveyed by DTN. Seven of the eight of the major fertilizers slipped 3% or less compared to a month earlier, but all remain significantly lower than a year ago.

On a national average basis, anhydrous settled at $472 per ton, 10-34-0 at $452 per ton, UAN32 at $262 per ton, MAP $451 per ton, DAP at $436/ton, potash at $313/ton, urea at $317/ton and UAN28 at $224/ton.

On a price per pound of nitrogen basis, the average urea price was at $0.34/lb.N, anhydrous $0.29/lb.N, UAN28 $0.40/lb.N and UAN32 $0.41/lb.N.

Retail fertilizers remain lower compared to a year earlier. All fertilizers are double digits lower.

Both DAP and MAP are now down 20%, 10-34-0 has dropped by 23%, while UAN32 is down 21%. Urea is 22% less expensive, UAN28 is 23% less expensive, anhydrous is 26% lower and potash is 27% less expensive compared to the previous year.

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.

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

DRY
Date Range	DAP	MAP	POTASH	UREA
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
May 9-13 2016	476	502	366	385
June 6-10 2016	470	498	359	370
July 4-8 2016	469	496	359	361
Aug 1-5 2016	459	488	346	349
Aug 29-Sept 2 2016	449	464	327	326
Sept 26-30 2016	440	458	317	322
Oct 24-28 2016	436	451	313	317
LIQUID
Date Range	10-34-0	ANHYD	UAN28	UAN32
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
May 9-13 2016	561	588	274	321
June 6-10 2016	556	569	267	310
July 4-8 2016	546	554	261	304
Aug 1-5 2016	548	552	254	307
Aug 29-Sept 2 2016	493	509	233	275
Sept 26-30 2016	465	486	223	271
Oct 24-28 2016	452	472	224	262

Todd Neeley can be reached at todd.neeley@dtn.com

Follow him on Twitter @toddneeleyDTN

(MZT/AG)

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