DTN Retail Fertilizer Trends

OMAHA (DTN) -- Retail fertilizer prices tracked by DTN for the first week of November show the continued trend of higher prices.

Anhydrous prices increased 6%, the most significant price move this week. The nitrogen fertilizer had an average price of $517/ton, up $29 per ton from the same time last month. It's $108/ton higher than last year.

The seven remaining fertilizers were also higher, although less significantly.

Urea prices increased $14/ton from last month to $407/ton.

Both UAN28 and UAN32 prices gained $7/ton to $245/ton and $287/ton respectively.

The prices of MAP and 10-34-0 each rose $6/ton. MAP was $529/ton, while 10-34-0 was $458/ton.

At $506/ton, DAP prices increased $5/ton.

Retail potash prices, up $3/ton from last month, were $368/ton.

On a price per pound of nitrogen basis, the average urea price was at $0.44/lb.N, anhydrous $0.32/lb.N, UAN28 $0.44/lb.N and UAN32 $0.45/lb.N.

All eight of the major fertilizers are now higher compared to last year with prices showing significant gains in recent months. UAN32 is 6% higher; potash is 8% more expensive; both 10-34-0 and UAN28 are 14% higher; MAP is 15% more expensive; DAP is 17% higher; urea is 20% more expensive and anhydrous is now 27% higher compared to last 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.

DRY
Date Range	DAP	MAP	POTASH	UREA
Nov 6-10 2017	434	459	341	338
Dec 4-8 2017	438	471	343	344
Jan 1-5 2018	452	490	345	350
Jan 29-Feb 2 2018	458	492	344	355
Feb 26-Mar 2 2018	461	497	346	361
Mar 26-30 2018	470	506	350	370
Apr 23-27 2018	485	504	353	367
May 21-25 2018	483	504	354	364
Jun 18-22 2018	485	505	354	364
Jul 16-20 2018	486	505	354	366
Aug 13-17 2018	487	508	356	363
Sep 10-14 2018	491	518	362	380
Oct 8-12 2018	501	523	365	393
Nov 5-9 2018	506	529	368	407
LIQUID
Date Range	10-34-0	ANHYD	UAN28	UAN32
Nov 6-10 2017	403	409	216	272
Dec 4-8 2017	404	424	215	251
Jan 1-5 2018	409	474	219	256
Jan 29-Feb 2 2018	415	491	227	261
Feb 26-Mar 2 2018	416	496	233	279
Mar 26-30 2018	425	507	237	272
Apr 23-27 2018	431	507	241	277
May 21-25 2018	439	504	241	276
Jun 18-22 2018	440	503	242	277
Jul 16-20 2018	442	503	243	279
Aug 13-17 2018	446	481	233	271
Sep 10-14 2018	449	487	238	278
Oct 8-12 2018	452	488	238	280
Nov 5-9 2018	458	517	245	287

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

Follow him on Twitter @RussQuinnDTN

(KD/BAS)

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