DTN Retail Fertilizer: Double Digit Lower Than 2015

Average retail prices for most fertilizers continued to fall in the final week of October, according to fertilizer retailers surveyed by DTN. Seven of the eight of the major fertilizers slipped 3% or less compared to a month earlier, but all remain significantly lower than a year ago.   

On a national average basis, anhydrous settled at $472 per ton, 10-34-0 at $452 per ton, UAN32 at $262 per ton, MAP $451 per ton, DAP at $436/ton, potash at $313/ton, urea at $317/ton and UAN28 at $224/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 23%, while UAN32 is down 21%. Urea is 22% less expensive, UAN28 is 23% less expensive, anhydrous is 26% lower and potash is 27% 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