DTN Fertilizer Trends: Prices Slowly Climbing Higher

©Debra L Ferguson

Retail prices of all eight of the major fertilizers moved higher the last full week of January 2019, according to retailers surveyed by DTN. It was the second week in a row that prices for all fertilizers were higher.

While prices are higher compared to last month, none were up a significant amount, which DTN defines as a price move of 5% or more.

DAP had an average price of $512 per ton, up $5/ton; MAP $535/ton, up $2/ton; potash $383/ton, up $4/ton; urea $409/ton, up $2/ton; 10-34-0 $467/ton, up $10/ton; anhydrous $584/ton, up $16/ton; UAN28 $270/ton, up $4/ton; and UAN32 $313/ton, up $10/ton.

On a price per pound of nitrogen basis, the average urea price was at $0.44/lb.N, anhydrous $0.36/lb.N, UAN28 $0.48/lb.N and UAN32 $0.49/lb.N.

All eight of the major fertilizers are now higher compared to last year. MAP is 9% more expensive, both DAP and potash are 12% higher, 10-34-0 is 13% more expensive, urea is 16% higher, anhydrous is 19% more expensive and both UAN28 and UAN32 are now 20% higher 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.

DRY
Date Range DAP MAP POTASH UREA
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
Nov 26-30 2018 501 530 369 409
Dec 24-28 2018 507 533 379 407
Jan 21-25 2019 512 535 383 409
LIQUID
Date Range 10-34-0 ANHYD UAN28 UAN32
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
Nov 26-30 2018 457 519 246 287
Dec 24-28 2018 457 568 266 303
Jan 21-25 2019 467 584 270 313

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

Follow him on Twitter @RussQuinnDTN

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