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DTN Retail Fertilizer Trends

Fertilizer Prices Higher Across the Board

Todd Neeley
By  Todd Neeley , DTN Staff Reporter
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Urea continued to see month-to-month price increases, gaining $19/ton over the past month.

OMAHA (DTN) -- All eight retail fertilizer prices tracked by DTN recorded increases in the first week of November, with urea leading the way month-over-month.

Urea recorded a $19-per-ton increase, spiking from $389 last month to $408 in this latest update. In one year, the price of urea increased $78/ton.

Anhydrous saw a $17/ton price increase to $505 compared to last month and is up $104/ton in the past year.

UAN28 came in at $245/ton, jumping $8 since last month.

Both 10-34-0 and UAN32 recorded $6/ton increases since last month. UAN32 came in at $285/ton and 10-34-0 at $457/ton.

DAP and MAP each saw price increases of $5/ton since last month, at $506/ton and $528/ton, respectively.

The price of potash increased by $2/ton to $366.

On a price per pound of nitrogen basis, the average urea price was at $0.44/lb.N, anhydrous $0.31/lb.N, UAN28 $0.44/lb.N and UAN32 $0.45/lb.N.

While most fertilizer prices are moving higher, a new study finds another popular fertilizer -- manure -- has a number of advantages over its inorganic counterparts.

Researchers at the University of Wisconsin-Madison announced the results of a 12-year study, finding long-term annual application of manure improved most soil quality properties compared to inorganic fertilizer.

The team of scientists studied corn and soybean fields in South Dakota, from 2003 to 2015.

The team applied either manure or inorganic fertilizer to field plots using low, medium and high manure levels, and medium and high inorganic fertilizer levels. They collected and analyzed soil samples in 2015 at a variety of depths.

Results showed manure helped keep soil pH -- a measure of acidity or alkalinity -- in a healthy range for crops. Inorganic fertilizer made the soil more acidic.

The study found manure increased soil organic carbon for all the measured soil depths compared to inorganic fertilizer and control treatments. Manure increased total nitrogen significantly compared to fertilizer treatments.

In addition, researchers found manure increased water-stable aggregates that help soil resist water erosion.

Results of the study were published in Soil Science Society of America Journal.

Read the study here:

https://dl.sciencesocieties.org/…

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 27-Nov 3 2017 434 455 348 330
Nov 27-Dec 1 2017 435 460 342 340
Dec 25-29 2017 448 488 344 348
Jan 22-26 2018 458 492 344 353
Feb 19-23 2018 460 496 345 357
Mar 19-23 2018 469 504 349 368
Apr 16-20 2018 484 502 353 368
May 14-18 2018 483 505 354 368
Jun 11-15 2018 484 505 354 364
Jul 9-13 2018 485 504 354 366
Aug 6-10 2018 487 507 356 363
Sep 3-7 2018 488 514 358 366
Oct 1-5 2018 501 523 364 389
Oct 29-Nov 2 2018 506 528 366 408
Liquid
Date Range 10-34-0 ANHYD UAN28 UAN32
Oct 27-Nov 3 2017 405 401 208 262
Nov 27-Dec 1 2017 403 417 216 271
Dec 25-29 2017 407 468 216 254
Jan 22-26 2018 415 490 226 261
Feb 19-23 2018 416 495 231 265
Mar 19-23 2018 422 503 236 269
Apr 16-20 2018 431 508 240 275
May 14-18 2018 439 510 241 276
Jun 11-15 2018 440 503 241 277
Jul 9-13 2018 443 505 242 279
Aug 6-10 2018 445 482 233 271
Sep 3-7 2018 446 480 232 271
Oct 1-5 2018 451 488 237 279
Oct 29-Nov 2 2018 457 505 245 285

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

Follow him on Twitter @toddneeley

(KD/BAS)

Todd Neeley

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