DTN Retail Fertilizer Trends

Anhydrous, 10-34-0 See Biggest Declines From Previous Month

Todd Neeley
By  Todd Neeley , DTN Staff Reporter
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DAP prices continue to slip and now run 20% below year-ago levels. (DTN chart)

OMAHA (DTN) -- Average retail prices for most fertilizers remained virtually unchanged for the third week of October, coming off nine weeks of steady decline, according to fertilizer retailers surveyed by DTN. All eight of the major fertilizer remain lower than the previous month.

Anhydrous and 10-34-0 saw the most significant price declines from the previous month with anhydrous down $19 at $475 per ton and 10-34-0 down $17 at $453 per ton.

DAP, MAP, potash, urea and UAN28 and UAN32 all were just slightly lower in price from the previous month. DAP came in at $436/ton, MAP at $452/ton, potash $313/ton, urea at $317/ton, UAN28 at $224/ton and UAN32 $265/ton.

On a price per pound of nitrogen basis, the average urea price was at $0.34/lb.N, anhydrous $0.29/lb.N, UAN28 $0.40/lb.N and UAN32 $0.41/lb.N.

Retail fertilizers remain lower compared to a year earlier. All fertilizers are double digits lower.

Both DAP and MAP are now down 20%, 10-34-0 has dropped by 22%, while UAN32 is down 21%. Urea and UAN28 are 23% less expensive, anhydrous is 25% lower and potash is 28% less expensive compared to the previous 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
Oct 19-23 2015 547 562 435 413
Nov 16-20 2015 545 559 424 403
Dec 14-18 2015 532 544 410 392
Jan 11-15 2016 495 521 391 381
Feb 8-12 2016 479 499 378 369
Mar 7-11 2016 477 494 372 378
Apr 4-8 2016 480 504 369 387
May 2-6 2016 475 502 366 385
May 30-June 3 2016 473 499 363 375
June 27-July 1 2016 468 495 358 365
July 25-29 2016 459 492 356 356
Aug 22-26 2016 451 468 330 330
Sept 19-23 2016 443 453 319 323
Oct 17-21 2016 436 452 313 317
LIQUID
Date Range 10-34-0 ANHYD UAN28 UAN32
Oct 19-23 2015 582 637 291 334
Nov 16-20 2015 579 629 287 332
Dec 14-18 2015 571 612 279 331
Jan 11-15 2016 572 581 272 319
Feb 8-12 2016 569 551 261 303
Mar 7-11 2016 562 541 262 312
Apr 4-8 2016 561 586 272 315
May 2-6 2016 560 589 274 321
May 30-June 3 2016 559 579 268 313
June 27-July 1 2016 554 566 266 304
July 25-29 2016 543 545 257 304
Aug 22-26 2016 502 515 234 280
Sept 19-23 2016 470 494 225 271
Oct 17-21 2016 453 475 224 265

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

Follow him on Twitter @toddneeleyDTN

(MZT/AG)

Todd Neeley