DTN Retail Fertilizer Trends

UAN28 Jumps to August Level

Todd Neeley
By  Todd Neeley , DTN Staff Reporter
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UAN28 prices jumped abruptly this week, running 9% above last month's national averages. (DTN chart)

OMAHA (DTN) -- Average retail prices for most fertilizers continued to languish in the first week of November, according to fertilizer retailers surveyed by DTN. Five of the eight major fertilizers slipped 1% or less compared to a month earlier.

On a national average basis UAN28 was a notable exception, settling at August levels at $244 per ton, or a 9% spike from the previous month.

Anhydrous settled at $471 per ton, 10-34-0 at $452 per ton, UAN32 at $262 per ton, MAP $451 per ton, DAP at $436/ton, potash at $314/ton, and urea at $319/ton.

On a price per pound of nitrogen basis, the average UAN28 price was $0.44/lb.N, urea $0.35/lb.N, anhydrous $0.29/lb.N, and UAN32 $0.41/lb.N.

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

DAP is down 20%, MAP 19%, 10-34-0 has dropped by 22%, while UAN32 is down 21%. Urea is 21% less expensive, UAN28 is 16% less expensive, anhydrous is 26% lower and potash is 27% 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 prices 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 26-30 2015 546 562 431 409
Nov 30-Dec 4 2015 541 559 421 400
Dec 28-Jan 1 2016 494 531 398 383
Jan 25-29 2016 495 515 391 380
Feb 22-26 2016 477 492 373 371
Mar 21-25 2016 475 501 371 390
Apr 18-22 2016 477 502 366 388
May 16-20 2016 476 501 365 384
June 13-17 2016 469 496 359 367
July 11-15 2016 467 496 358 360
Aug 8-12 2016 453 482 344 345
Sept 5-9 2016 446 464 325 325
Oct 3-7 2016 438 451 312 315
Oct 31-Nov 4 2016 436 451 314 319
LIQUID
Date Range 10-34-0 ANHYD UAN28 UAN32
Oct 26-30 2015 583 638 292 334
Nov 30-Dec 4 2015 578 627 286 332
Dec 28-Jan 1 2016 570 590 273 317
Jan 25-29 2016 571 569 271 317
Feb 22-26 2016 566 536 260 309
Mar 21-25 2016 561 569 276 312
Apr 18-22 2016 561 588 274 322
May 16-20 2016 558 588 274 321
June 13-17 2016 555 566 266 305
July 11-15 2016 538 547 266 306
Aug 8-12 2016 528 522 249 299
Sept 5-9 2016 478 502 228 274
Oct 3-7 2016 454 472 224 263
Oct 31-Nov 4 2016 452 471 244 262

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

Follow him on Twitter @toddneeleyDTN

(MZT/AG/CZ)

Todd Neeley