DTN Retail Fertilizer Trends

Fertilizer Prices Remain Slightly Higher

Russ Quinn
By  Russ Quinn , DTN Staff Reporter
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The average retail price of DAP was $485 per ton the fourth week of June 2018, up about 0.4% from $483 the fourth week of May 2018. DAP is now 11% more expensive than it was at the same time last year. (DTN chart)

OMAHA (DTN) -- Average retail prices for all but one fertilizer crept higher the fourth week of June 2018, according to retailers surveyed by DTN.

Seven of the eight major fertilizers were just slightly higher in price compared to last month. DAP had an average price of $485 per ton, MAP $505/ton, potash $354/ton, urea $364/ton, 10-34-0 $440/ton, UAN28 $242/ton and UAN32 $277/ton.

One fertilizer, anhydrous, was slightly lower compared to the previous month. Anhydrous had an average price of $504 per ton.

On a price per pound of nitrogen basis, the average urea price was at $0.40/lb.N, anhydrous $0.31/lb.N, UAN28 $0.43/lb.N and UAN32 $0.43/lb.N.

All eight of the major fertilizers are now higher compared to last year with prices pushing higher in recent months. 10-34-0 is 1% higher, UAN28% is 2% more expensive, UAN32 is 3% higher, potash and anhydrous are 4% more expensive, MAP 7% more expensive, urea is 10% higher and DAP is 11% more expensive compared to last 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
Jun 26-30 2017 437 470 340 333
Jul 24-28 2017 434 462 338 308
Aug 21-25 2017 434 458 338 304
Sep 18-22 2017 429 452 345 312
Oct 16-20 2017 432 452 348 340
Nov 13-17 2017 435 459 342 339
Dec 11-15 2017 439 479 343 340
Jan 8-12 2018 456 491 346 352
Feb 5-9 2018 458 493 344 355
Mar 5-9 2018 463 503 349 367
Apr 2-6 2018 478 508 352 370
Apr 30-May 4 2018 485 505 353 368
May 28-June 1 2018 483 504 354 364
Jun 25-29 2018 485 505 354 364
LIQUID
Date Range 10-34-0 ANHYD UAN28 UAN32
Jun 26-30 2017 435 484 238 268
Jul 24-28 2017 425 423 229 265
Aug 21-25 2017 419 417 216 248
Sep 18-22 2017 416 402 211 248
Oct 16-20 2017 413 397 205 262
Nov 13-17 2017 403 410 216 272
Dec 11-15 2017 403 434 218 256
Jan 8-12 2018 410 479 220 258
Feb 5-9 2018 415 492 227 261
Mar 5-9 2018 422 499 234 272
Apr 2-6 2018 425 508 239 274
Apr 30-May 4 2018 431 510 241 277
May 28-June 1 2018 439 504 241 276
Jun 25-29 2018 440 504 242 277

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

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(AG)

Russ Quinn