DTN Retail Fertilizer: 9 Weeks of Steady Price Decline

Average retail prices for most fertilizers remained virtually unchanged for the third week of October, coming off nine weeks of steady decline, according to fertilizer retailers surveyed by DTN. All eight of the major fertilizer remain lower than the previous month.  

Anhydrous and 10-34-0 saw the most significant price declines from the previous month with anhydrous down $19 at $475 per ton and 10-34-0 down $17 at $453 per ton.

DAP, MAP, potash, urea and UAN28 and UAN32 all were just slightly lower in price from the previous month. DAP came in at $436/ton, MAP at $452/ton, potash $313/ton, urea at $317/ton, UAN28 at $224/ton and UAN32 $265/ton.

On a price per pound of nitrogen basis, the average urea price was at $0.34/lb.N, anhydrous $0.29/lb.N, UAN28 $0.40/lb.N and UAN32 $0.41/lb.N.

Retail fertilizers remain lower compared to a year earlier. All fertilizers are double digits lower.

Both DAP and MAP are now down 20%, 10-34-0 has dropped by 22%, while UAN32 is down 21%. Urea and UAN28 are 23% less expensive, anhydrous is 25% lower and potash is 28% less expensive compared to the previous 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.

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

Todd Neeley can be reached at todd.neeley@dtn.com

Follow him on Twitter @toddneeleyDTN