DTN Retail Fertilizer Trends

OMAHA (DTN) -- The prices for most fertilizers tracked by DTN continued to drop in the third week of October, following nine weeks of price drops in all eight major fertilizers.

In this latest update, six of the eight fertilizers showed price declines, led by DAP with a $15-per-ton decrease compared to last month. DAP came in at $465 per ton, compared to $480 one month ago.

MAP was priced at $472/ton for this update, falling from $478 last month.

Three fertilizer prices fell by $2 in one month, including potash at $382, urea at $402 and anhydrous at $507.

UAN28 experienced a small price decline of $1 to $253/ton. The prices of 10-34-0 and UAN32 remained steady at $471 and $289, respectively.

On a price per pound of nitrogen basis, the average urea price was at $0.44/lb.N, anhydrous $0.31/lb.N, UAN28 $0.45/lb.N and UAN32 $0.45/lb.N.

With prices significantly lower in recent months, two fertilizers' prices are lower in price than a year ago. MAP is now 9% less expensive and DAP is 7% lower from last year at this time.

Of the remaining six major fertilizers, five continue to be slightly higher compared to last year. Urea is 1% less expensive than last year, while potash is 5% more expensive and UAN28 is up 4%. 10-34-0 and anhydrous are both 3% higher. UAN32 is priced at 2% higher than one year ago.

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
Oct 15-19 2018	498	518	365	405
Nov 12-16 2018	500	530	368	407
Dec 10-14 2018	505	533	375	407
Jan 7-11 2019	508	533	381	407
Feb 4-8 2019	511	536	385	408
Mar 4-8 2019	510	534	386	403
Apr 1-5 2019	509	533	386	405
Apr 29-May 3 2019	498	528	390	413
May 27-31 2019	497	527	392	430
Jun 24-28, 2019	495	531	392	429
Jul 22-26 2019	495	531	394	430
Aug 19-23 2019	491	495	387	413
Sep 16-20 2019	480	478	384	404
Oct 14-18, 2019	465	472	382	402
Liquid
Date Range	10-34-0	ANHYD	UAN28	UAN32
Oct 15-19 2018	457	494	243	283
Nov 12-16 2018	457	519	245	287
Dec 10-14 2018	455	552	261	302
Jan 7-11 2019	461	573	267	304
Feb 4-8 2019	470	596	271	318
Mar 4-8 2019	470	596	270	317
Apr 1-5 2019	474	599	272	319
Apr 29-May 3 2019	487	595	268	315
May 27-31 2019	487	590	270	314
Jun 24-28, 2019	487	584	269	318
Jul 22-26 2019	485	582	272	320
Aug 19-23 2019	475	530	257	291
Sep 16-20 2019	471	509	254	289
Oct 14-18, 2019	471	507	253	289

Todd Neeley can be reached at todd.neeley@dtn.com

Follow him on Twitter @toddneeleyDTN

(KD/BAS)

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