OMAHA (DTN) -- While the prices of most fertilizers tracked by DTN continued to fall in the fourth week of October, for the first time in more than two months, the price of one fertilizer increased.
Prior to last week, all eight fertilizer prices had fallen for nine consecutive weeks.
In this latest update, five of the eight prices tracked by DTN continued to fall from the previous month. DAP led the way with a $14-per-ton decrease to $465/ton compared to $479/ton one month ago. Anhydrous saw its price fall from $511/ton to $507/ton in this update.
UAN28's price fell from $254/ton last month to $251/ton, followed by MAP with a drop from $475/ton to $473/ton. The potash price fell by $1 to $383 per ton.
UAN32 reported the only price increase from $289/ton to $291/ton for this update. UAN32's highest price so far this year was $320 at the end of July into early August.
The prices of urea and 10-34-0 remain unchanged at $404/ton and $471/ton, 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, three fertilizers' prices are lower than one year ago. MAP is now 9% less expensive, DAP is 7% lower and urea is a fraction of 1% lower from last year at this time.
The remaining five major fertilizers are slightly higher compared to last year. Potash is 5% more expensive, UAN28, UAN32 and 10-34-0 are all 3% more expensive, while anhydrous is 2% more expensive 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 22-26 2018||499||518||366||406|
|Nov 19-23 2018||501||530||368||407|
|Dec 17-21 2018||508||532||377||407|
|Jan 14-18 2019||512||534||383||407|
|Feb 11-15 2019||512||537||385||405|
|Mar 11-15 2019||510||534||386||402|
|Apr 8-12 2019||505||532||387||404|
|May 6-10 2019||501||527||391||418|
|Jun 3-7 2019||497||527||392||434|
|Jul 1-5, 2019||498||532||392||432|
|Jul 29-Aug 2 2019||494||530||393||428|
|Aug 26-30 2019||491||494||387||412|
|Sep 23-27, 2019||479||475||384||404|
|Oct 21-25, 2019||465||473||383||404|
|Oct 22-26 2018||457||499||243||284|
|Nov 19-23 2018||457||520||246||287|
|Dec 17-21 2018||457||565||265||304|
|Jan 14-18 2019||462||580||270||305|
|Feb 11-15 2019||470||596||271||318|
|Mar 11-15 2019||469||596||269||318|
|Apr 8-12 2019||481||592||271||317|
|May 6-10 2019||487||595||267||310|
|Jun 3-7 2019||487||591||271||314|
|Jul 1-5, 2019||482||584||276||317|
|Jul 29-Aug 2 2019||486||580||272||320|
|Aug 26-30 2019||470||528||256||290|
|Sep 23-27, 2019||471||511||254||289|
|Oct 21-25, 2019||471||507||251||291|
Todd Neeley can be reached at firstname.lastname@example.org
Follow him on Twitter @toddneeleyDTN
Copyright 2019 DTN/The Progressive Farmer. All rights reserved.