DTN Retail Fertilizer Trends

OMAHA (DTN) -- Potash continues to lead fertilizer prices higher the fourth week of June 2021, according to retailers surveyed by DTN.

The average price of potash was up 7% compared to last month and had an average price of $476 per ton. Analysts believe potash fertilizer faces supply issues along with increasing global demand. For more, please read "Potash Prices Show Strength Amid Supply Issues" here: https://www.dtnpf.com/….

As has been the case for the last two weeks, the remaining seven fertilizers were just slightly higher. None were up a significant amount, which DTN designates as 5% or more.

DAP had an average price of $677/ton, up 4%.

Urea was 3% higher at $542/ton.

The average retail price of anhydrous, at $730/ton, and UAN32, at $421/ton, were 2% greater than last month.

The remaining fertilizers' prices were 1% higher with MAP costing an average of $721/ton, 10-34-0 $625/ton and UAN28 $366/ton.

On a price per pound of nitrogen basis, the average urea price was at $0.59/lb.N, anhydrous $0.45/lb.N, UAN28 $0.65/lb.N and UAN32 $0.66/lb.N.

Retail fertilizer prices compared to a year ago show all fertilizers have increased significantly.

Potash is now 32% more expensive, 10-34-0 is 34% higher, urea is 52% more expensive, UAN32 55% higher, UAN28 is 57% more expensive, anhydrous is 58% higher, DAP is 67% more expensive and MAP 69% 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
Jun 29-Jul 3 2020	406	427	361	357
Jul 27-31 2020	410	429	358	355
Aug 24-28 2020	430	435	352	355
Sep 21-25 2020	434	453	338	361
Oct 19-23 2020	446	476	332	359
Nov 16-20 2020	455	488	336	358
Dec 14-18 2020	466	522	360	361
Jan 11-15 2021	486	551	373	373
Feb 8-12 2021	588	642	398	453
Mar 8-12 2021	615	690	423	483
Apr 5-9 2021	618	699	431	504
May 3-7 2021	634	705	436	514
May 31-Jun 4 2021	652	712	443	524
Jun 28-Jul 2	677	721	476	542
LIQUID
Date Range	10-34-0	ANHYD	UAN28	UAN32
Jun 29-Jul 3 2020	468	461	233	272
Jul 27-31 2020	465	454	223	262
Aug 24-28 2020	464	442	219	258
Sep 21-25 2020	457	425	215	253
Oct 19-23 2020	456	424	209	249
Nov 16-20 2020	455	422	207	249
Dec 14-18 2020	463	450	210	253
Jan 11-15 2021	469	474	210	247
Feb 8-12 2021	512	524	243	285
Mar 8-12 2021	581	625	306	344
Apr 5-9 2021	605	692	341	378
May 3-7 2021	618	712	358	398
May 31-Jun 4 2021	619	719	363	412
Jun 28-Jul 2	625	730	366	421

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

Follow him on Twitter @RussQuinnDTN

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