DTN Retail Fertilizer Trends

DAP, MAP Inch Higher, While Other Fertilizer Prices Continue to Decline

Katie Micik Dehlinger
By  Katie Micik Dehlinger , Farm Business Editor
The average retail price of UAN32 declined $10 per ton compared to last month, or 4%, to $262/ton. The move mirrors the five-year average price trend of declines as the crop progresses toward harvest. UAN32 prices are 18% less expensive than last year. (DTN chart)

MT. JULIET, Tenn. (DTN) -- The average retail price of DAP and MAP fertilizers inched higher this week, while the rest of the complex saw continued declines, according to prices tracked by DTN for the last week of July 2020.

DAP prices increased by an average of $4 to $410 per ton. MAP showed a smaller increase of $2, putting the average retail price at $429/ton. Neither price move is significant, which DTN considers 5% or more.

Of the six remaining major fertilizers, the prices of UAN28 and UAN32 each declined by $10/ton, or 4%. On average, UAN28 cost $223/ton, while UAN32 cost $262/ton.

Price moves for the remaining fertilizers were even smaller. Potash, at $358/ton, and 10-34-0, at $465/ton, declined by $3. The average urea price dropped by $2 to $355/ton, while anhydrous declined $7 to $454/ton.

On a price per pound of nitrogen basis, the average urea and anhydrous price were unchanged from last month at $0.39/lb.N and $0.28/lb.N. UAN28 at $0.40/lb.N and UAN32 at $0.41/lb.N are 1 cent higher than the last week of June 2020.

The retail price of all eight major fertilizers are lower than last year. Anhydrous leads the way, down 22%. It's followed by MAP, down 19%; UAN28 and UAN32, down 18%; urea and DAP, down 17%; potash, down 9%; and 10-34-0, down 4%.

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.

Jul 29-Aug 2 2019494530393428
Aug 26-30 2019491494387412
Sep 23-27, 2019479475384404
Oct 21-25, 2019465473383404
Nov 18-22 2019456466381387
Dec 16-20 2019444460378377
Jan 13-17 2020433444375357
Feb 10-14 2020413435373361
Mar 9-13 2020407432370377
Apr 6-10 2020409434370382
May 4-8 2020413433370388
Jun 1-5 2020407431364373
Jun 29-Jul 3 2020406427361357
Jul 27-31 2020410429358355
Date Range10-34-0ANHYDUAN28UAN32
Jul 29-Aug 2 2019486580272320
Aug 26-30 2019470528256290
Sep 23-27, 2019471511254289
Oct 21-25, 2019471507251291
Nov 18-22 2019472496245284
Dec 16-20 2019469487239276
Jan 13-17 2020470487237275
Feb 10-14 2020464490235277
Mar 9-13 2020466490235278
Apr 6-10 2020468492235278
May 4-8 2020468492237280
Jun 1-5 2020468475236276
Jun 29-Jul 3 2020468461233272
Jul 27-31 2020465454223262

Katie Dehlinger can be reached at katie.dehlinger@dtn.com

Follow her on Twitter at @KatieD_DTN

Katie Dehlinger