DTN Retail Fertilizer Trends

Major Fertilizer Prices Stabilize

Todd Neeley
By  Todd Neeley , DTN Staff Reporter
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Only UAN32 and urea prices showed increases during the fourth week of October 2017. (DTN chart)

OMAHA (DTN) -- Prices for the eight major fertilizers appear to be stabilizing as only UAN32 and urea showed increases the fourth week of October 2017 compared to one month earlier, according to fertilizer retailers surveyed by DTN.

UAN32 led the way with an average price increase of about 8% to $262 per ton. The average price of urea came in 1% higher at around $325/ton.

The average prices of three fertilizers dropped. Anhydrous, 10-34-0 and UAN28 all saw 1% drops, at $393/ton, $407/ton and $205/ton, respectively.

The prices for MAP, DAP and potash remained virtually unchanged at $453, $431 and $347 per ton, respectively.

On a price per pound of nitrogen basis, the average urea price was at $0.35/lb.N, anhydrous $0.24/lb.N, UAN28 $0.37/lb.N and UAN32 $0.41/lb.N.

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Four of the eight major retail fertilizers are now lower compared to one year earlier. Two of the four are double digits lower. Anhydrous is now 17% lower from a year ago, while 10-34-0 is 10% less expensive and UAN28 is 8% lower. UAN32 and MAP remain unchanged, while potash and urea are higher by 11% and 3%, respectively.

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 24-28 2016 436 451 313 317
Nov 21-25 2016 436 445 316 328
Dec 19-23 2016 432 437 321 336
Jan 16-20 2017 430 443 324 346
Feb 13-17 2017 432 450 332 357
Mar 13-17 2017 443 462 337 360
Apr 10-13 2017 437 466 338 353
May 8-12 2017 437 466 340 351
Jun 5-9 2017 438 469 339 338
Jul 3-7 2017 436 467 339 325
Jul 31-Aug 4 2017 434 463 339 311
Aug 28-Sept 1 2017 433 457 338 303
Sep 15-29 2017 432 453 348 321
Oct 23-27 2017 431 453 347 325
LIQUID
Date Range 10-34-0 ANHYD UAN28 UAN32
Oct 24-28 2016 452 472 224 262
Nov 21-25 2016 445 465 218 256
Dec 19-23 2016 442 468 217 255
Jan 16-20 2017 437 478 235 267
Feb 13-17 2017 440 491 240 276
Mar 13-17 2017 441 507 247 280
Apr 10-13 2017 441 505 247 280
May 8-12 2017 437 508 247 280
Jun 5-9 2017 435 503 246 278
Jul 3-7 2017 432 462 236 268
Jul 31-Aug 4 2017 426 418 227 262
Aug 28-Sept 1 2017 418 417 215 248
Sep 15-29 2017 413 396 208 243
Oct 23-27 2017 407 393 205 262

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

Follow him on Twitter @toddneeleyDTN

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Todd Neeley

Todd Neeley
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