DTN Retail Fertilizer Trends

Retail Fertilizer Prices Dip Lower to End May

Russ Quinn
By  Russ Quinn , DTN Staff Reporter
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Anhydrous prices declined 3% from last month with an average price of $478/ton. That's 19% lower than at the same time last year. (DTN Chart)

OMAHA (DTN) -- Retail fertilizer prices dipped lower in the fourth week of May 2020, according to prices for eight major fertilizers tracked by DTN.

While no fertilizer has moved a significant amount, which DTN designates as 5% or more in either direction, a majority of fertilizers were lower for the first time in ten weeks.

Six fertilizers declined in price compared to last month with anhydrous declining $14/ton, or 3%, to $478/ton. DAP has an average price of $410/ton, down $3; potash $365/ton, down $5; urea $377/ton, down $9; UAN28 $236/ton, down $1; and UAN32 $279/ton, down less than a dollar.

The remaining two fertilizers had slightly higher prices compared to the prior month. MAP had an average price of $434/ton, up $1, and 10-34-0 was $468/ton, up less than $1.

On a price per pound of nitrogen basis, the average urea price was at $0.41/lb.N, anhydrous $0.29/lb.N, UAN28 $0.42/lb.N and UAN32 $0.44/lb.N.

Retail fertilizers are all lower in price from a year ago. Anhydrous is 19% lower, both DAP and MAP are 18% less expensive, UAN28 is 13% lower, urea is 12% less expensive, UAN32 is 11% lower, potash is 7% less expensive and 10-34-0 is 4% lower from last year at this time.

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.

May 27-31 2019497527392430
Jun 24-28, 2019495531392429
Jul 22-26 2019495531394430
Aug 19-23 2019491495387413
Sep 16-20 2019480478384404
Oct 14-18, 2019465472382402
Nov 11-15 2019457465382388
Dec 9-13 2019445463378380
Jan 6-10 2020435444375358
Feb 3-7 2020413435373361
Mar 2-6 2020409432369369
Mar 30-Apr 3 2020408432370383
Apr 27-May 1 2020413433370386
May 25-29 2020410434365377
Date Range10-34-0ANHYDUAN28UAN32
May 27-31 2019487590270314
Jun 24-28, 2019487584269318
Jul 22-26 2019485582272320
Aug 19-23 2019475530257291
Sep 16-20 2019471509254289
Oct 14-18, 2019471507253289
Nov 11-15 2019473496246284
Dec 9-13 2019470489241276
Jan 6-10 2020471486237272
Feb 3-7 2020464490235277
Mar 2-6 2020466490235277
Mar 30-Apr 3 2020467492235278
Apr 27-May 1 2020468492237279
May 25-29 2020468478236279

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

Follow him on Twitter @RussQuinnDTN

Russ Quinn