DTN Retail Fertilizer Trends

OMAHA (DTN) -- Retail fertilizer prices continue to inch higher with the overall pace of gains slowing from its spring surge, according to locations tracked by DTN for the third week of May 2021.

None of the eight fertilizers' prices were significantly higher from last month, which DTN designates as 5% or more. The largest price increase, 4%, was seen in UAN28 and UAN32.

DAP had an average price of $642/ton, up $15; MAP $708/ton, up $5; potash $440/ton, up $8; and urea $521/ton, up $11. 10-34-0 had an average price of $620/ton, up $8; anhydrous $716/ton, up $9; UAN28 $361/ton, up $13; and UAN32 $407/ton, up $16.

On a price per pound of nitrogen basis, the average urea price was at $0.57/lb.N, anhydrous $0.44/lb.N, UAN28 $0.65/lb.N and UAN32 $0.64/lb.N.

Australia-based chemical and fertilizer company Incitec Pivot Ltd. reported delays at its Waggaman ammonia plant in Louisiana will likely cost the company up to $33 million Australian dollars, the equivalent of $26 million in the U.S., according to Dow Jones.

The plant has suffered a series of breakdowns, including the failure of vibration probe and a coupling failure on the refrigeration compressor.

The repairs and restart of the plant could take two to three more weeks; the company estimates an additional financial hit to fiscal-year 2021 net profit of between $26 million and $33 million (Australian dollars).

With retail fertilizer prices moving higher over recent months, all fertilizers are now higher in price from a year ago.

Potash is now 20% more expensive, 10-34-0 is 32% higher, urea is 35% more expensive, UAN32 45% higher, anhydrous is 46% more expensive, UAN28 is 53% higher, DAP is 57% more expensive and MAP 63% is higher compared to last year.

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
May 18-22 2020	409	434	367	387
Jun 15-19 2020	405	429	363	360
Jul 13-17 2020	406	428	361	359
Aug 10-14 2020	426	434	353	355
Sep 7-Sep 11, 2020	434	445	345	360
Oct 5-9 2020	441	466	335	361
Nov 2-6 2020	447	479	331	358
Nov 30-Dec 4 2020	455	499	340	359
Dec 28-Jan 1 2021	475	537	366	367
Jan 25-29 2021	500	580	379	405
Feb 22-26 2021	605	661	408	464
Mar 22-26 2021	616	696	428	499
Apr 19-23 2021	627	703	432	510
May 17-21 2021	642	708	440	521
Liquid
Date Range	10-34-0	ANHYD	UAN28	UAN32
May 18-22 2020	469	490	237	280
Jun 15-19 2020	468	464	233	273
Jul 13-17 2020	468	460	225	263
Aug 10-14 2020	465	447	221	259
Sep 7-Sep 11, 2020	459	434	216	253
Oct 5-9 2020	457	424	209	250
Nov 2-6 2020	455	423	208	248
Nov 30-Dec 4 2020	459	427	208	249
Dec 28-Jan 1 2021	464	470	209	250
Jan 25-29 2021	489	489	220	258
Feb 22-26 2021	532	544	250	296
Mar 22-26 2021	599	684	335	376
Apr 19-23 2021	612	707	348	391
May 17-21 2021	620	716	361	407

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

Follow him on Twitter @RussQuinnDTN

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