DTN Retail Fertilizer Trends

Retail fertilizer prices have continued their steady march higher.

Todd Neeley
By  Todd Neeley , DTN Staff Reporter
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Though the price of MAP dropped slightly, it still remains $63 per ton higher than one year ago. (DTN chart)

OMAHA (DTN) -- Nearly all retail fertilizer prices tracked by DTN continue to rise, with seven of eight fertilizers showing month-over-month increases in the fourth week of October 2018.

Urea led the way with a $21-per-ton increase, spiking from $385 last month to $406 in this latest update.

That was followed by an $8/ton increase in 10-34-0 to $457/ton. UAN28 came in at $243/ton, jumping $7 since last month. Anhydrous and UAN32 both recorded $6 increases this month. Anhydrous came in at $499/ton and UAN32 at $284/ton. Potash came in at $366/ton, a $5 increase month over month. MAP recorded the only fertilizer price drop this week, falling from $520/ton to $518/ton.

On a price per pound of nitrogen basis, the average urea price was at $0.44/lb.N, anhydrous $0.30/lb.N, UAN28 $0.43/lb.N and UAN32 $0.44/lb.N.

A French company called Ynsect announced an interesting development in the world of organic fertilizer during the past week regarding research on the use of insect excrement as fertilizer.

Work done at a demonstration plant at the end of 2016 found the organic fertilizer has a nitrogen, phosphorus and potassium content of 4-3-3 and an organic matter content of about 90%.

As part of a partnership with the agricultural engineering school UniLaSalle, Ynsect carried out tests on wheat, rapeseed and corn to evaluate the power of the fertilizer and its effects on soil.

According to the company, corn experienced a 70% increase in biomass at the eight-leaf stage and wheat showed a 25% increase in the number of shoots and a 40% increase in biomass. You can find the press release here: http://www.ynsect.com/….

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.

DRY
Date Range DAP MAP POTASH UREA
Oct 23-27 2017 431 453 347 325
Nov 20-24 2017 435 460 342 338
Dec 18-22 2017 445 485 344 348
Jan 15-19 2018 456 491 345 355
Feb 12-16 2018 457 495 345 357
Mar 12-16 2018 466 503 350 368
Apr 9-13 2018 482 504 353 369
May 7-11 2018 483 505 354 366
Jun 4-8 2018 484 505 354 364
Jul 2-6 2018 485 504 354 366
Jul 30- Aug 3 2018 488 505 355 366
Aug 27-31 2018 487 513 357 365
Sep 24-28 2018 494 520 361 385
Oct 22-26 2018 499 518 366 406
LIQUID
Date Range 10-34-0 ANHYD UAN28 UAN32
Oct 23-27 2017 407 393 205 262
Nov 20-24 2017 403 410 216 272
Dec 18-22 2017 405 461 218 254
Jan 15-19 2018 407 485 226 260
Feb 12-16 2018 415 492 230 264
Mar 12-16 2018 421 503 237 282
Apr 9-13 2018 427 510 241 275
May 7-11 2018 431 512 241 276
Jun 4-8 2018 440 503 241 276
Jul 2-6 2018 443 505 242 279
Jul 30- Aug 3 2018 443 498 242 279
Aug 27-31 2018 446 480 233 271
Sep 24-28 2018 449 493 236 278
Oct 22-26 2018 457 499 243 284

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

Follow him on Twitter @toddneeleyDTN

(KD/AG)

Todd Neeley