By Russ Quinn
DTN Staff Reporter
OMAHA (DTN) -- Retail fertilizer prices are once again higher, according to prices tracked by DTN for the last week of January, 2019. This marks the third-consecutive week all eight of the major fertilizers have been higher.
While prices are higher compared to last month, none were up a significant amount, which DTN considers a price move of 5% or more.
DAP had an average price of $513/ton, up $5/ton; MAP $536/ton, up $3/ton; potash $384/ton, up $3/ton; urea $407/ton, up fractionally; 10-34-0 $468/ton, up $8/ton; anhydrous $585/ton, up $14/ton; UAN28 $271/ton, up $4/ton; and UAN32 $313/ton, up $9/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.
The Fertilizer Institute (TFI) and the Agricultural Retailers Association (ARA) formalized an alliance between their associations and the U.S. Department of Occupational Safety and Health Administration (OSHA), according to a press release from TFI and ARA released on Monday. The alliance will build upon the ResponsibleAg program, a voluntary initiative created in 2014 by TFI and ARA to increase health, safety and security at agricultural retail facilities.
The alliance has already completed its first project, unveiling a training video showing a mock agricultural retail facility inspection. The video was filmed at the ResponsibleAg facility located in Owensboro, Kentucky, and will help to educate facility operators and managers on complying with federal health and safety regulations.
Objectives of the alliance include further leveraging the success of the ResponsibleAg program, sharing information on OSHA's National Initiatives and sharing information on safety and health laws and standards. In addition, the alliance will be speaking, exhibiting or appearing at OSHA, TFI and ARA conferences, local meetings or other events. It will also focus on sharing information among OSHA personnel and industry safety and health professionals and encouraging TFI Local Sections and ARA members to build relationships with OSHA Regional and Area offices.
The alliance will remain in effect for two years, with representatives from each organization meeting periodically. They will discuss the responsibilities of the participants, share information on activities and track results in achieving the goals of the alliance.
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 15% higher, both anhydrous and UAN28 are 19% more expensive and UAN32 is 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 29-Feb 2 2018 | 458 | 492 | 344 | 355 |
Feb 26-Mar 2 2018 | 461 | 497 | 346 | 361 |
Mar 26-30 2018 | 470 | 506 | 350 | 370 |
Apr 23-27 2018 | 485 | 504 | 353 | 367 |
May 21-25 2018 | 483 | 504 | 354 | 364 |
Jun 18-22 2018 | 485 | 505 | 354 | 364 |
Jul 16-20 2018 | 486 | 505 | 354 | 366 |
Aug 13-17 2018 | 487 | 508 | 356 | 363 |
Sep 10-14 2018 | 491 | 518 | 362 | 380 |
Oct 8-12 2018 | 501 | 523 | 365 | 393 |
Nov 5-9 2018 | 506 | 529 | 368 | 407 |
Dec 3-7 2018 | 501 | 529 | 369 | 410 |
Dec 31-Jan 4 2019 | 508 | 533 | 381 | 407 |
Jan 28-Feb 1 2019 | 513 | 536 | 384 | 407 |
Liquid |
Date Range | 10-34-0 | ANHYD | UAN28 | UAN32 |
Jan 29-Feb 2 2018 | 415 | 491 | 227 | 261 |
Feb 26-Mar 2 2018 | 416 | 496 | 233 | 279 |
Mar 26-30 2018 | 425 | 507 | 237 | 272 |
Apr 23-27 2018 | 431 | 507 | 241 | 277 |
May 21-25 2018 | 439 | 504 | 241 | 276 |
Jun 18-22 2018 | 440 | 503 | 242 | 277 |
Jul 16-20 2018 | 442 | 503 | 243 | 279 |
Aug 13-17 2018 | 446 | 481 | 233 | 271 |
Sep 10-14 2018 | 449 | 487 | 238 | 278 |
Oct 8-12 2018 | 452 | 488 | 238 | 280 |
Nov 5-9 2018 | 458 | 517 | 245 | 287 |
Dec 3-7 2018 | 457 | 524 | 249 | 293 |
Dec 31-Jan 4 2019 | 460 | 571 | 267 | 304 |
Jan 28-Feb 1 2019 | 468 | 585 | 271 | 313 |
Russ Quinn can be reached at russ.quinn@dtn.com
Follow him on Twitter @RussQuinnDTN
(KD/SK)
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