OMAHA (DTN) -- The prices for most fertilizers tracked by DTN continued to drop in the third week of October, following nine weeks of price drops in all eight major fertilizers.
In this latest update, six of the eight fertilizers showed price declines, led by DAP with a $15-per-ton decrease compared to last month. DAP came in at $465 per ton, compared to $480 one month ago.
MAP was priced at $472/ton for this update, falling from $478 last month.
Three fertilizer prices fell by $2 in one month, including potash at $382, urea at $402 and anhydrous at $507.
UAN28 experienced a small price decline of $1 to $253/ton. The prices of 10-34-0 and UAN32 remained steady at $471 and $289, respectively.
On a price per pound of nitrogen basis, the average urea price was at $0.44/lb.N, anhydrous $0.31/lb.N, UAN28 $0.45/lb.N and UAN32 $0.45/lb.N.
With prices significantly lower in recent months, two fertilizers' prices are lower in price than a year ago. MAP is now 9% less expensive and DAP is 7% lower from last year at this time.
Of the remaining six major fertilizers, five continue to be slightly higher compared to last year. Urea is 1% less expensive than last year, while potash is 5% more expensive and UAN28 is up 4%. 10-34-0 and anhydrous are both 3% higher. UAN32 is priced at 2% higher than one year ago.
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.
|Oct 15-19 2018||498||518||365||405|
|Nov 12-16 2018||500||530||368||407|
|Dec 10-14 2018||505||533||375||407|
|Jan 7-11 2019||508||533||381||407|
|Feb 4-8 2019||511||536||385||408|
|Mar 4-8 2019||510||534||386||403|
|Apr 1-5 2019||509||533||386||405|
|Apr 29-May 3 2019||498||528||390||413|
|May 27-31 2019||497||527||392||430|
|Jun 24-28, 2019||495||531||392||429|
|Jul 22-26 2019||495||531||394||430|
|Aug 19-23 2019||491||495||387||413|
|Sep 16-20 2019||480||478||384||404|
|Oct 14-18, 2019||465||472||382||402|
|Oct 15-19 2018||457||494||243||283|
|Nov 12-16 2018||457||519||245||287|
|Dec 10-14 2018||455||552||261||302|
|Jan 7-11 2019||461||573||267||304|
|Feb 4-8 2019||470||596||271||318|
|Mar 4-8 2019||470||596||270||317|
|Apr 1-5 2019||474||599||272||319|
|Apr 29-May 3 2019||487||595||268||315|
|May 27-31 2019||487||590||270||314|
|Jun 24-28, 2019||487||584||269||318|
|Jul 22-26 2019||485||582||272||320|
|Aug 19-23 2019||475||530||257||291|
|Sep 16-20 2019||471||509||254||289|
|Oct 14-18, 2019||471||507||253||289|
Todd Neeley can be reached at email@example.com
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