DTN Fertilizer Trends: Prices Continue Mostly Lower

    Dry fertilizer spreader. ©Debra L Ferguson Stock Photography

    The average retail price of DAP and MAP fertilizers inched higher this week, while the rest of the complex saw continued declines, according to prices tracked by DTN for the last week of July 2020.

    DAP prices increased by an average of $4 to $410 per ton. MAP showed a smaller increase of $2, putting the average retail price at $429/ton. Neither price move is significant, which DTN considers 5% or more.

    Of the six remaining major fertilizers, the prices of UAN28 and UAN32 each declined by $10/ton, or 4%. On average, UAN28 cost $223/ton, while UAN32 cost $262/ton.

    Price moves for the remaining fertilizers were even smaller. Potash, at $358/ton, and 10-34-0, at $465/ton, declined by $3. The average urea price dropped by $2 to $355/ton, while anhydrous declined $7 to $454/ton.

    On a price per pound of nitrogen basis, the average urea and anhydrous price were unchanged from last month at $0.39/lb.N and $0.28/lb.N. UAN28 at $0.40/lb.N and UAN32 at $0.41/lb.N are 1 cent higher than the last week of June 2020.

    The retail price of all eight major fertilizers are lower than last year. Anhydrous leads the way, down 22%. It’s followed by MAP, down 19%; UAN28 and UAN32, down 18%; urea and DAP, down 17%; potash, down 9%; and 10-34-0, down 4%.

    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
    Jul 29-Aug 2 2019 494 530 393 428
    Aug 26-30 2019 491 494 387 412
    Sep 23-27, 2019 479 475 384 404
    Oct 21-25, 2019 465 473 383 404
    Nov 18-22 2019 456 466 381 387
    Dec 16-20 2019 444 460 378 377
    Jan 13-17 2020 433 444 375 357
    Feb 10-14 2020 413 435 373 361
    Mar 9-13 2020 407 432 370 377
    Apr 6-10 2020 409 434 370 382
    May 4-8 2020 413 433 370 388
    Jun 1-5 2020 407 431 364 373
    Jun 29-Jul 3 2020 406 427 361 357
    Jul 27-31 2020 410 429 358 355
    LIQUID
    Date Range 10-34-0 ANHYD UAN28 UAN32
    Jul 29-Aug 2 2019 486 580 272 320
    Aug 26-30 2019 470 528 256 290
    Sep 23-27, 2019 471 511 254 289
    Oct 21-25, 2019 471 507 251 291
    Nov 18-22 2019 472 496 245 284
    Dec 16-20 2019 469 487 239 276
    Jan 13-17 2020 470 487 237 275
    Feb 10-14 2020 464 490 235 277
    Mar 9-13 2020 466 490 235 278
    Apr 6-10 2020 468 492 235 278
    May 4-8 2020 468 492 237 280
    Jun 1-5 2020 468 475 236 276
    Jun 29-Jul 3 2020 468 461 233 272
    Jul 27-31 2020 465 454 223 262

    Katie Dehlinger can be reached at katie.dehlinger@dtn.com

    Follow her on Twitter at @KatieD_DTN

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