DTN Retail Fertilizer Trends

Average Retail Prices Climb for 4 Fertilizers, Drop for 3

Todd Neeley
By  Todd Neeley , DTN Environmental Editor
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The price of MAP spiked by 4% compared to last month, according to retail fertilizer prices collected by DTN. (DTN chart)

LINCOLN, Neb. (DTN) -- Average retail fertilizer prices increased on four fertilizers tracked by DTN, while prices dropped for three others in the final week of July.

For the seventh consecutive week, retailers reported no significant move in prices -- designated by DTN as 5% or more.

MAP led the way with a 4% hike in its average price from $846 a ton last month to $881 a ton. UAN28 saw a $6 per-ton increase to $419, followed by potash with a $2 jump from $481 a ton to $483. Retailers reported a small price increase for DAP of $1 per ton to $811.

Three fertilizers reported lower prices led by urea's $11 per-ton drop to $645. The average anhydrous price fell from $770 per ton to $764, while UAN32 fell by $3 per ton to $497.

The average price of 10-34-0 was unchanged at $672 a ton compared to one month ago.

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On a price per pound of nitrogen basis, the average urea price was $0.70/lb.N, anhydrous $0.47/lb.N, UAN28 $0.75/lb.N and UAN32 $0.78/lb.N.

Indiana-based farmer-owned cooperative Superior Ag broke ground last week on a $20 million fertilizer terminal on the Ohio River near Rockport, Indiana, according to the Waterways Journal.

When completed in 12 to 18 months, the terminal will be a 32,000-ton dry fertilizer facility and is expected to be one of the largest distribution sites in the region. The cooperative said its new terminal will serve farmers in southwestern Indiana, northern and central Kentucky, and bordering Illinois. (https://www.superiorag.com/…).

In January (https://www.superiorag.com/…). Superior Ag announced the new facility would have 10 large bins to segregate efficiently different fertilizer types and formulations; a 600 tons-per-hour (TPH) barge receiving system capable of unloading one full barge in just three hours; a 300-TPH truck receiving system that can offload a truck in five minutes; 300-TPH blending and shipping capabilities that will allow a 25-ton truck to unload in five minutes; and overhead weigh hoppers on scales to allow a seamless "dump-and-go" for outbound trucks. There will also be automation of key processes that include treatment for stabilizers, micros, dust control and other systems to ensure product quality and efficiency.

Seven fertilizers are now higher in price compared to one year earlier: MAP by 8%, 10-34-0 by 5%, DAP 9%, anhydrous 13%, UAN28 24%, urea 28% and UAN32 by 32%.

Potash, the remaining fertilizer, continues to be lower in price by 4% compared to last year.

DTN gathers fertilizer price bids from agriculture retailers each week to compile the DTN Fertilizer Index. DTN first began reporting data in November 2008.

In addition to national averages, MyDTN subscribers can access the full DTN Fertilizer Index, which includes state averages, here: https://www.mydtn.com/….

DRY
Date Range DAP MAP POTASH UREA

Jul 22-26 2024

745

818

502

504

Aug 19-23 2024

745

816

493

492

Sep 16-20 2024

740

814

459

485

Oct 14-18 2024

738

806

451

496

Nov 11-15 2024

740

811

443

498

Dec 9-13 2024

740

816

443

495

Jan 6-10 2025

738

808

444

490

Feb 3-7 2025

745

806

436

525

Mar 3-7 2025

765

810

447

548

Mar 31-Apr 4 2025

768

819

462

565

Apr 28-May 2 2025

785

824

472

596

May 26-30 2025

798

831

475

662

June 23-27 2025

810

846

481

656

July 21-25 2025

811

881

483

645

LIQUID
Date Range 10-34-0 ANHYD UAN28 UAN32

Jul 22-26 2024

642

677

339

377

Aug 19-23 2024

639

668

330

373

Sep 16-20 2024

594

685

320

351

Oct 14-18 2024

604

701

316

361

Nov 11-15 2024

607

711

323

364

Dec 9-13 2024

611

721

323

362

Jan 6-10 2025

615

735

326

365

Feb 3-7 2025

632

741

332

388

Mar 3-7 2025

646

751

354

397

Mar 31-Apr 4 2025

650

770

360

423

Apr 28-May 2 2025

666

783

387

474

May 26-30 2025

669

776

418

494

June 23-27 2025

672

770

413

500

July 21-25 2025

672

764

419

497

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

Follow him on social platform X @DTNeeley

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Todd Neeley

Todd Neeley
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