DTN Retail Fertilizer Trends

OMAHA (DTN) -- Retail fertilizer prices tracked by DTN for the last week of March 2022 are moving significantly higher again. All fertilizers were higher with some double digits higher compared to last month.

Leading the way higher was DAP. The phosphorus fertilizer was 17% more expensive compared to last month and had an average price of $1,033/ton.

DAP prices are now at the highest level in the history of DTN's data set. The previous high for the phosphorus fertilizer was $984/ton set the first week of November 2008.

Potash was 15% higher compared to last month with an average price of $868/ton. MAP was 12% more expensive looking back a month, with an average price of $1,045/ton.

Also a considerable amount higher were 10-34-0, urea and UAN28. DTN designates a significant move as anything 5% or more.

10-34-0 was up 7% compared to to last month and had an average price of $896/ton. Urea was 6% more expensive versus the prior month and had an average price of $1,022/ton. This was an all-time high and urea is above $1,000 for the first time ever.

Also higher was UAN28. The nitrogen fertilizer was up 6% from last month and had an average price of $637/ton.

The remaining two fertilizers were slightly lower compared to last month. Anhydrous had an average price of $1,526/ton (all-time high) and UAN32 $711/ton (all-time high).

On a price per pound of nitrogen basis, the average urea price was at $1.11/lb.N, anhydrous $0.93/lb.N, UAN28 $1.14/lb.N and UAN32 $1.11/lb.N.

Most fertilizers continue to be considerably more expensive than one year earlier.

MAP and 10-34-0 is now 50% more expensive, DAP is 67% higher, UAN28 is 88% more expensive, UAN32 is 89% higher, urea is 102% more expensive, potash is 104% is higher and anhydrous is 123% higher compared to last year.

DTN gathers fertilizer prices from agriculture retailers each week to compile the DTN Fertilizer Index. DTN first began reporting data in November 2008.

In addition to national averages, MyDTN subscribers can access the full DTN Fertilizer Index, which includes state averages, here: https://www.mydtn.com/….

A labor dispute at Canadian Pacific Railway which could have severely affected the flow of fertilizer has been resolved. You can read about it here: https://www.dtnpf.com/….

Dry
Date Range	DAP	MAP	POTASH	UREA
Mar 29-Apr 2 2021	618	697	429	502
Apr 26-30 2021	629	703	433	513
May 24-28 2021	652	709	443	523
Jun 21-25 2021	670	720	469	541
Jul 19-23 2021	695	750	543	553
Aug 16-20 2021	695	755	564	556
Sep 13-17 2021	702	776	598	572
Oct 11-15 2021	798	860	710	719
Nov 8-12 2021	821	906	762	832
Dec 6-10 2021	840	919	778	887
Jan 3-7 2022	863	931	807	913
Jan 31-Feb 4 2022	877	933	813	905
Feb 28-Mar 4 2022	879	937	815	887
Mar 28-Apr 1 2022	1033	1045	868	1022
Liquid
Date Range	10-34-0	ANHYD	UAN28	UAN32
Mar 29-Apr 2 2021	599	685	340	377
Apr 26-30 2021	613	710	350	391
May 24-28 2021	619	719	361	407
Jun 21-25 2021	625	724	366	420
Jul 19-23 2021	632	736	365	419
Aug 16-20 2021	631	743	369	420
Sep 13-17 2021	632	762	381	428
Oct 11-15 2021	654	873	442	488
Nov 8-12 2021	719	1162	566	614
Dec 6-10 2021	756	1372	577	661
Jan 3-7 2022	795	1430	584	679
Jan 31-Feb 4 2022	826	1487	600	699
Feb 28-Mar 4 2022	837	1487	603	703
Mar 28-Apr 1 2022	896	1526	637	711

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

Follow him on Twitter @RussQuinnDTN

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