DTN Retail Fertilizer Trends

Average Prices for All Fertilizers Continue to Decline

Russ Quinn
By  Russ Quinn , DTN Staff Reporter
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With an average retail price of $413 per ton the first week of September 2017, anhydrous is now 18% cheaper than a year ago. (DTN chart)

OMAHA (DTN) -- Average retail fertilizer prices continued to inch lower the first week of September 2017, according to fertilizer retailers surveyed by DTN.

All eight of the major fertilizers were lower compared to last month, though none were down by a significant amount.

DAP had an average price of $431 per ton, MAP $458/ton, potash $338/ton, urea $302/ton, 10-34-0 $418/ton, anhydrous $413/ton, UAN28 $215/ton and UAN32 $248/ton.

On a price per pound of nitrogen basis, the average urea price was at $0.33/lb.N, anhydrous $0.25/lb.N, UAN28 $0.38/lb.N and UAN32 $0.39/lb.N.

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All but one retail fertilizer are lower compared to a year earlier. Three of the eight major fertilizers are double digits lower.

Anhydrous is now 18% lower from a year ago, while 10-34-0 is 13% less expensive and UAN32 is 10% lower. Urea is 7% less expensive, UAN28 is 6% lower, DAP is 3% less expensive and MAP is 1% lower. The one fertilizer higher compared to last year is potash, which is now 4% more expensive.

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
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
Nov 28-Dec 2 2016 435 445 318 331
Dec 26-30 2016 431 443 321 336
Jan 23-27 2017 429 443 322 347
Feb 20-24 2017 433 452 332 359
Mar 20-24 2017 438 464 338 356
Apr 17-21 2017 438 466 339 352
May 15-19 2017 437 471 340 350
Jun 12-16 2017 437 470 341 338
Jul 10-14 2017 436 467 340 321
Aug 7-11 2017 434 462 339 311
Sep 4-8 2017 431 458 338 302
LIQUID
Date Range 10-34-0 ANHYD UAN28 UAN32
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
Nov 28-Dec 2 2016 447 465 217 256
Dec 26-30 2016 437 466 217 254
Jan 23-27 2017 436 480 235 268
Feb 20-24 2017 440 490 241 276
Mar 20-24 2017 441 507 248 280
Apr 17-21 2017 437 509 247 280
May 15-19 2017 436 510 248 283
Jun 12-16 2017 435 500 246 278
Jul 10-14 2017 431 451 235 268
Aug 7-11 2017 440 419 224 258
Sep 4-8 2017 418 413 215 248

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

Follow Russ Quinn on Twitter @RussQuinnDTN

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Russ Quinn