DTN Retail Fertilizer Trends

Most Fertilizer Prices Higher Again

Russ Quinn
By  Russ Quinn , DTN Staff Reporter
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The average retail price of urea was $366/ton, up $3/ton from last month. According to data tracked by DTN, urea is 21% more expensive than at the same time last year. (DTN Chart)

OMAHA (DTN) -- Retail fertilizer prices continue to vary, according to data tracked by DTN for the first week of Sept. 2018.

While last week the majority of fertilizer prices were lower, compared to the previous month, this week most fertilizers are again higher, showing a slight increase in price looking back to last month.

As has been the case for several months now, the move in either direction was fairly minor. Moving higher was DAP, which had an average price of $488/ton, MAP $514/ton, potash $358/ton, urea $366/ton, 10-34-0 $446/ton and UAN32 $271/ton.

The remaining two fertilizers were slightly lower looking back to last month. Anhydrous had an average price of $480/ton and UAN28 $232/ton.

On a price per pound of nitrogen basis, the average urea price was at $0.40/lb.N, anhydrous $0.29/lb.N, UAN28 $0.42/lb.N and UAN32 $0.42/lb.N.

All eight of the major fertilizers are now higher compared to last year with prices shifting higher in recent months. Potash is 6% higher, 10-34-0 is 7% more expensive, UAN28 is 8% higher, UAN32 is 9% more expensive, MAP is 12% higher, DAP is 13% more expensive, anhydrous is 16% higher and urea is 21% more expensive 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.

DTN's average of retail fertilizer prices from a month earlier ($ per ton):

DRY
Date Range DAP MAP POTASH UREA
Sep 4-8 2017 431 458 338 302
Oct 2-6 2017 425 453 348 323
Oct 27-Nov 3 2017 434 455 348 330
Nov 27-Dec 1 2017 435 460 342 340
Dec 25-29 2017 448 488 344 348
Jan 22-26 2018 458 492 344 353
Feb 19-23 2018 460 496 345 357
Mar 19-23 2018 469 504 349 368
Apr 16-20 2018 484 502 353 368
May 14-18 2018 483 505 354 368
Jun 11-15 2018 484 505 354 364
Jul 9-13 2018 485 504 354 366
Aug 6-10 2018 487 507 356 363
Sep 3-7 2018 488 514 358 366
Liquid
Date Range 10-34-0 ANHYD UAN28 UAN32
Sep 4-8 2017 418 413 215 248
Oct 2-6 2017 413 399 208 243
Oct 27-Nov 3 2017 405 401 208 262
Nov 27-Dec 1 2017 403 417 216 271
Dec 25-29 2017 407 468 216 254
Jan 22-26 2018 415 490 226 261
Feb 19-23 2018 416 495 231 265
Mar 19-23 2018 422 503 236 269
Apr 16-20 2018 431 508 240 275
May 14-18 2018 439 510 241 276
Jun 11-15 2018 440 503 241 277
Jul 9-13 2018 443 505 242 279
Aug 6-10 2018 445 482 233 271
Sep 3-7 2018 446 480 232 271

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

Follow him on Twitter @RussQuinnDTN

(KD/CZ)

Russ Quinn