DTN Retail Fertilizer Trends

MT. JULIET, Tenn. (DTN) -- The retail prices of all eight major fertilizers climbed higher in the second week of October, with anhydrous, MAP and UAN32 posting the largest gains.

DTN polls retail fertilizer sellers each week to compile price estimates and considers a price change of 5% or more to be significant.

Anhydrous prices climbed 16% on average to $804 per ton. MAP and UAN32 each climbed by 7% to $794/ton and $418/ton, respectively.

The prices of the remaining five fertilizers were all higher than last month, but less significantly. DAP cost an average of $711/ton; potash, $506/ton; urea, $575; 10-34-0, $613/ton; and UAN28, $356/ton.

On a price per ton on a nitrogen basis, the average urea price was $0.63/lb.N, anhydrous $0.49/lb.N, UAN28 $0.64/lb.N and UAN32 $0.65/lb.N.

Ammonia prices firmed in September, capping off a year of near-record sales for fertilizer producers, wrote Logan Garcia, market reporter for Fertecon, S&P Global Commodity Insights, in the DTN Fertilizer Outlook. Several plants, including OCI's site in Weaver, Iowa, are down, contributing to tighter supplies.

"Transportation lines in the U.S. remain constrained in September due to low water in the Mississippi River, as well as short supplies of railcars and truck availability," he said. "Tight supplies as well as expectations for a good fall application period show a firmer picture for U.S. ammonia prices in the short term."

Yara and Mosaic agreed to a monthly contract price at Tampa of $575 per metric ton that includes freight costs for October. That's up significantly from $390/metric ton last month. Garcia also reports that eastern Oklahoma wholesale prices increased at the end of the month to around $700 per ton, up about $200 from late August.

You can read his full report, which includes details on phosphates, urea and potash, here: https://www.dtnpf.com/….

All fertilizers are now lower by double digits compared to one year ago. 10-34-0 is 19% lower; MAP is 20% less expensive; DAP is down 23%; urea is 30% less costly, both UAN28 and UAN32 are 38% lower, potash is 42% less expensive and anhydrous is 43% cheaper than the year prior.

DTN gathers fertilizer price bids 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/….

Last week, Russ Quinn gave an update on a new fertilizer facility under construction in Grand Island, Nebraska. You can read about it here: https://www.dtnpf.com/…

DRY
Date Range	DAP	MAP	POTASH	UREA
Oct 10-14 2022	925	986	863	824
Nov 7-11 2022	931	980	853	812
Dec 5-Dec 9 2022	920	950	819	784
Jan 2-Jan 6 2023	876	879	752	739
Jan 30-Feb 3 2023	847	862	704	698
Feb 27-Mar 3 2023	827	827	666	648
Mar 27-31 2023	818	810	644	626
Apr 24-28 2023	827	804	624	595
May 22-26 2023	834	832	624	623
June 19-23 2023	825	827	618	619
July 17-21 2023	807	812	608	596
Aug 14-18 2023	745	762	558	573
Sep 11-15 2023	710	742	500	554
Oct 9-13 2023	711	794	506	575
LIQUID
Date Range	10-34-0	ANHYD	UAN28	UAN32
Oct 10-14 2022	759	1417	576	670
Nov 7-11 2022	758	1434	582	680
Dec 5-Dec 9 2022	751	1415	581	681
Jan 2-Jan 6 2023	754	1302	573	673
Jan 30-Feb 3 2023	754	1223	518	583
Feb 27-Mar 3 2023	741	1077	444	525
Mar 27-31 2023	741	1026	428	513
Apr 24-28 2023	740	928	426	508
May 22-26 2023	739	798	419	509
June 19-23 2023	734	755	402	471
July 17-21 2023	717	713	385	457
Aug 14-18 2023	705	630	359	399
Sep 11-15 2023	600	696	353	389
Oct 9-13 2023	613	804	356	418

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

Or you can follow her on X, formerly known as Twitter, at @KatieD_DTN

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