DTN Retail Fertilizer Trends

OMAHA (DTN) -- Retail fertilizer prices tracked by DTN for the first week of December 2024 once again showed most nutrients higher, but just slightly.

Six of the eight major fertilizers were higher in price compared to last month. As has been the case in recent weeks, no fertilizer had a sizeable price increase or decline. DTN designates a significant move as anything 5% or more.

The six slightly higher fertilizers are DAP which had an average price of $739/ton, MAP $816/ton, urea $496/ton, 10-34-0 $611/ton, anhydrous $719/ton and UAN28 $324/ton.

Two fertilizers were slightly less expensive than a month ago. Potash had an average price of $443/ton while UAN32 is $363/ton looking back to the prior month.

On a price per pound of nitrogen basis, the average urea price was $0.54/lb.N, anhydrous $0.44/lb.N, UAN28 $0.58/lb.N and UAN32 $0.57/lb.N.

Yara recently began production of renewable-based ammonia in Brazil. The report by World Fertilizer can be seen here, https://www.worldfertilizer.com/…. A purified biogas made from sugarcane waste, biomethane can seamlessly replace fossil natural gas, reducing greenhouse gas emissions by up to 75%.

This achievement demonstrates Yara's commitment to decarbonizing the food and industrial value chains as the company progresses toward carbon neutrality by 2050, according to the article.

"This is a significant step in building renewable-based value chains across sectors and industries, from food and mining to on- and off-shore transport," Marcelo Altieri, president of Yara Brazil, said.

Yara's industrial complex in Cubatao, the largest consumer of natural gas in Sao Paulo and Brazil's leading ammonia producer, is now fully equipped to operate with biomethane.

Two fertilizers are now higher in price compared to one year ago. 10-34-0 is 3% higher while DAP is 4% more expensive looking back to last year.

The remaining six fertilizers are lower. MAP is 1% lower, UAN28 is 5% less expensive, urea is 9% lower, UAN32 is 11% less expensive, potash is 14% lower and anhydrous 15% less expensive compared to last year.

DTN gathers fertilizer price bids from agriculture retailers each week to compile the DTN Fertilizer Index. DTN first began reporting data in November 2008.

In addition to national averages, MyDTN subscribers can access the full DTN Fertilizer Index, which includes state averages, here: https://www.mydtn.com/….

Intrepid Potash named a new CEO, according to Dow Jones. You can read about it here: https://www.dtnpf.com/….

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Dry
Date Range	DAP	MAP	POTASH	UREA
Dec 4-8 2023	713	820	516	543
Jan 1-5 2024	725	812	513	534
Jan 29-Feb 2 2024	735	809	509	527
Feb 26-Mar 1 2024	756	812	505	536
Mar 25-29 2024	779	827	513	576
Apr 22-26 2024	781	830	513	585
May 20-24 2024	783	829	509	555
Jun 17-21 2024	778	827	507	510
Jul 15-19 2024	756	821	503	506
Aug 12-16 2024	745	817	501	500
Sep 9-13 2024	735	808	464	489
Oct 7-11 2024	735	805	448	485
Nov 4-8 2024	739	810	496
Dec 2-6 2024	739	816	443	496
Liquid
Date Range	10-34-0	ANHYD	UAN28	UAN32
Dec 4-8 2023	595	847	340	409
Jan 1-5 2024	599	789	336	394
Jan 29-Feb 2 2024	610	770	334	390
Feb 26-Mar 1 2024	615	769	341	394
Mar 25-29 2024	632	794	360	404
Apr 22-26 2024	641	794	364	418
May 20-24 2024	642	781	359	418
Jun 17-21 2024	642	705	350	389
Jul 15-19 2024	642	696	339	377
Aug 12-16 2024	640	678	337	376
Sep 9-13 2024	596	684	329	351
Oct 7-11 2024	590	688	316	350
Nov 4-8 2024	607	711	322	364
Dec 2-6 2024	611	719	324	363

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

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