DTN Fertilizer Trends: 3rd Week of Declines

©Debra L Ferguson

Retail fertilizer prices continue their recent trend of mostly lower fertilizer prices, according to prices tracked by DTN for the second week of March 2019. This marks the third week in a row that prices are declining.

Like last week, five of the eight major fertilizers’ prices were lower compared to last month. Once again, the moves lower were fairly minor. DAP had an average price of $510/ton, MAP $534/ton, urea $402/ton, UAN28 $269/ton and UAN32 $318/ton.

Three fertilizers were higher compared to the prior month, but again the move higher was slight. Potash had an average price of $386/ton, anhydrous $596/ton and UAN32 $318/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 $0.50/lb.N.

The prices of all eight major fertilizers are now higher, compared to last year: MAP by 6%, both DAP and urea are up 9%, potash rose by 10%, 10-34-0 by 11%, UAN32 by 13%, UAN28 increased 14%, and anhydrous jumped 19%.

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
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
Nov 19-23 2018 501 530 368 407
Dec 17-21 2018 508 532 377 407
Jan 14-18 2019 512 534 383 407
Feb 11-15 2019 512 537 385 405
Mar 11-15 2019 510 534 386 402
Liquid
Date Range 10-34-0 ANHYD UAN28 UAN32
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
Nov 19-23 2018 457 520 246 287
Dec 17-21 2018 457 565 265 304
Jan 14-18 2019 462 580 270 305
Feb 11-15 2019 470 596 271 318
Mar 11-15 2019 469 596 269 318

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

Follow him on Twitter @RussQuinnDTN

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