DTN Retail Fertilizer Trends

By Russ Quinn
DTN Staff Reporter

OMAHA (DTN) -- Retail fertilizer price trends show no clear pattern as corn planting begins, according to retail fertilizer prices tracked by DTN for the second week of April 2016.

Prices for four fertilizers edged higher while the other four fertilizers slipped compared to last month, but none moved by any significance. DAP averaged $480 per ton, MAP $504/ton, anhydrous $587/ton and UAN32 $318/ton.

The remaining four fertilizers were down a small amount compared to the month before. Potash averaged $367/ton, urea $388/ton, 10-34-0 $560/ton and UAN28 $273/ton.

On a price per pound of nitrogen basis, the average urea price was at $0.42/lb.N, anhydrous $0.36/lb.N, UAN28 $0.49/lb.N and UAN32 $0.50/lb.N.

Although the price collapse that started last summer has cooled in recent weeks, fertilizers remain lower compared to a year earlier. All fertilizers are now double digits lower.

10-34-0, urea and UAN32 were all 14% lower compared to a year earlier while DAP and MAP are both 16% less expensive. In addition, anhydrous is 17% lower, UAN28 is 18% less expensive and potash is 25% lower compared to a year earlier.

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 November 2008 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.

DTN's average of retail fertilizer prices from a month earlier ($ per ton):

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

(MZT/AG)

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