DTN Retail Fertilizer Trends

Most Fertilizer Prices Continue to Fall

Todd Neeley
By  Todd Neeley , DTN Staff Reporter
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The price of DAP fell by $14 per ton since last month, according to fertilizer prices tracked by DTN. (DTN chart)

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.

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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.

DRY
Date Range DAP MAP POTASH UREA
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
LIQUID
Date Range 10-34-0 ANHYD UAN28 UAN32
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 todd.neeley@dtn.com

Follow him on Twitter @toddneeleyDTN

(KD/AG)

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Todd Neeley

Todd Neeley
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