DTN Retail Fertilizer Trends

By DTN Staff

OMAHA (DTN) -- Average retail prices for all but one of the eight major fertilizers were lower the second week of August 2017 compared to a month earlier, according to fertilizer retailers surveyed by DTN.

The average price of 10-34-0 was $440 per ton the second week of August, up 2% from $431 the second week of July.

Prices for all other major fertilizers were lower from the previous month, with anhydrous showing the largest drop. The nitrogen fertilizer had an average price of $419 the second week of August, down 7% from $451 the second week of July.

UAN28 also showed a fairly significant drop in price from the previous month. The fertilizer had an average price of $224 the second week of August, down about 5% from its average price of $235 the second week of July.

The remaining five major fertilizers all saw smaller price declines from the previous month. DAP had an average price of $434/ton, MAP $462/ton, potash $339/ton, urea $311/ton and UAN32 $258/ton.

On a price per pound of nitrogen basis, the average urea price was at $0.34/lb.N, anhydrous $0.26/lb.N, UAN28 $0.40/lb.N and UAN32 $0.40/lb.N.

Prices for all retail fertilizers are lower compared to a year earlier. Five of the eight major fertilizers are double digits lower.

Anhydrous is 20% lower than a year ago, 10-34-0 is 17% lower, UAN32 is 14% lower, UAN28 and urea are both 10% lower, DAP and MAP are both 4% lower, and potash is about 2% lower.

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
Aug 8-12 2016	453	482	344	345
Sept 5-9 2016	446	464	325	325
Oct 3-7 2016	438	451	312	315
Oct 31-Nov 4 2016	436	451	314	319
Nov 28-Dec 2 2016	435	445	318	331
Dec 26-30 2016	431	443	321	336
Jan 23-27 2017	429	443	322	347
Feb 20-24 2017	433	452	332	359
Mar 20-24 2017	438	464	338	356
Apr 17-21 2017	438	466	339	352
May 15-19 2017	437	471	340	350
Jun 12-16 2017	437	470	341	338
Jul 10-14 2017	436	467	340	321
Aug 7-11 2017	434	462	339	311
LIQUID
Date Range	10-34-0	ANHYD	UAN28	UAN32
Aug 8-12 2016	528	522	249	299
Sept 5-9 2016	478	502	228	274
Oct 3-7 2016	454	472	224	263
Oct 31-Nov 4 2016	452	471	244	262
Nov 28-Dec 2 2016	447	465	217	256
Dec 26-30 2016	437	466	217	254
Jan 23-27 2017	436	480	235	268
Feb 20-24 2017	440	490	241	276
Mar 20-24 2017	441	507	248	280
Apr 17-21 2017	437	509	247	280
May 15-19 2017	436	510	248	283
Jun 12-16 2017	435	500	246	278
Jul 10-14 2017	431	451	235	268
Aug 7-11 2017	440	419	224	258

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

Follow Russ Quinn on Twitter @RussQuinnDTN

(AG/SK)

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