DTN Retail Fertilizer Trends

OMAHA (DTN) -- Average retail fertilizer prices continued to inch lower the first week of September 2017, according to fertilizer retailers surveyed by DTN.

All eight of the major fertilizers were lower compared to last month, though none were down by a significant amount.

DAP had an average price of $431 per ton, MAP $458/ton, potash $338/ton, urea $302/ton, 10-34-0 $418/ton, anhydrous $413/ton, UAN28 $215/ton and UAN32 $248/ton.

On a price per pound of nitrogen basis, the average urea price was at $0.33/lb.N, anhydrous $0.25/lb.N, UAN28 $0.38/lb.N and UAN32 $0.39/lb.N.

All but one retail fertilizer are lower compared to a year earlier. Three of the eight major fertilizers are double digits lower.

Anhydrous is now 18% lower from a year ago, while 10-34-0 is 13% less expensive and UAN32 is 10% lower. Urea is 7% less expensive, UAN28 is 6% lower, DAP is 3% less expensive and MAP is 1% lower. The one fertilizer higher compared to last year is potash, which is now 4% more 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 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
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
Sep 4-8 2017	431	458	338	302
LIQUID
Date Range	10-34-0	ANHYD	UAN28	UAN32
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
Sep 4-8 2017	418	413	215	248

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

Follow Russ Quinn on Twitter @RussQuinnDTN

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