By Todd Neeley
DTN Staff Reporter
OMAHA (DTN) -- Large decreases in average retail fertilizer prices were seen during the third week of August 2019, according to retailers surveyed by DTN. This marks the second time in a couple of years that prices have declined in unison, this time in back-to-back updates.
Prices for all eight of the major fertilizer were lower from the prior month, including six fertilizer prices that dropped by double-digit amounts.
Leading the way lower were anhydrous and MAP, down 9% and 7% from last month, respectively. Anhydrous had an average price of $530 per ton while MAP had a price of $495 per ton.
Prices for UAN32 and urea both were down significantly, by 9% and 4%, respectively from one month ago. UAN32 came in at $291 per ton and urea at $413 a ton. UAN28 reported a 6% price drop to $257. The price of 10-34-0 fell by 2% to $475 per ton.
Smaller price drops were reported in potash and DAP. The average price of potash fell from $394 to $387 per ton from last month, while DAP showed the smallest increase of all eight fertilizers dropping from $495 to $491 per ton.
On a price per pound of nitrogen basis, the average urea price was at $0.45/lb.N, anhydrous $0.32/lb.N, UAN28 $0.46/lb.N and UAN32 $0.45/lb.N.
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 |
| Aug 20-24 2018 | 487 | 514 | 356 | 364 |
| Sep 17-21 2018 | 494 | 520 | 362 | 384 |
| Oct 15-19 2018 | 498 | 518 | 365 | 405 |
| Nov 12-16 2018 | 500 | 530 | 368 | 407 |
| Dec 10-14 2018 | 505 | 533 | 375 | 407 |
| Jan 7-11 2019 | 508 | 533 | 381 | 407 |
| Feb 4-8 2019 | 511 | 536 | 385 | 408 |
| Mar 4-8 2019 | 510 | 534 | 386 | 403 |
| Apr 1-5 2019 | 509 | 533 | 386 | 405 |
| Apr 29-May 3 2019 | 498 | 528 | 390 | 413 |
| May 27-31 2019 | 497 | 527 | 392 | 430 |
| Jun 24-28, 2019 | 495 | 531 | 392 | 429 |
| Jul 22-26 2019 | 495 | 531 | 394 | 430 |
| Aug 19-23 2019 | 491 | 495 | 387 | 413 |
| LIQUID |
| Date Range | 10-34-0 | ANHYD | UAN28 | UAN32 |
| Aug 20-24 2018 | 446 | 481 | 233 | 271 |
| Sep 17-21 2018 | 448 | 494 | 239 | 278 |
| Oct 15-19 2018 | 457 | 494 | 243 | 283 |
| Nov 12-16 2018 | 457 | 519 | 245 | 287 |
| Dec 10-14 2018 | 455 | 552 | 261 | 302 |
| Jan 7-11 2019 | 461 | 573 | 267 | 304 |
| Feb 4-8 2019 | 470 | 596 | 271 | 318 |
| Mar 4-8 2019 | 470 | 596 | 270 | 317 |
| Apr 1-5 2019 | 474 | 599 | 272 | 319 |
| Apr 29-May 3 2019 | 487 | 595 | 268 | 315 |
| May 27-31 2019 | 487 | 590 | 270 | 314 |
| Jun 24-28, 2019 | 487 | 584 | 269 | 318 |
| Jul 22-26 2019 | 485 | 582 | 272 | 320 |
| Aug 19-23 2019 | 475 | 530 | 257 | 291 |
Todd Neeley can be reached at todd.neeley@dtn.com
Follow him on Twitter @toddneeleyDTN
(BAS/AG)
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