Admin Login

 
- DTN Headline News
DTN Retail Fertilizer Trends
Wednesday, November 30, 2016 2:19PM CST


By Russ Quinn
DTN Staff Reporter

OMAHA (DTN) -- As has been the case in the last few weeks, retail fertilizer prices continue be mixed the fourth week of November, according to fertilizer retailers surveyed by DTN.

Six of the eight major fertilizers slipped lower compared to a month earlier, and again none of these moves were significant. DAP averaged $436 per ton, MAP $445/ton, 10-34-0 $445/ton, anhydrous $465/ton, UAN28 $218/ton and UAN32 $256/ton.

The remaining two fertilizers were slightly higher in price looking back to a month earlier. Neither fertilizer was up any substantial amount. Potash averaged $316/ton and urea was at $328/ton.

On a price per pound of nitrogen basis, the average urea price was at $0.36/lb.N, anhydrous $0.28/lb.N, UAN28 $0.39/lb.N and UAN32 $0.40/lb.N.

With harvest either wrapping up or already completed in most areas of the Corn Belt, farmers are turning their attention to other tasks. This includes applying some fertilizer for the 2017 crop before Mother Nature slams the door on fieldwork this year.

One farmer who is busy applying fertilizer currently is Mike Carlson, who farms near Red Oak, Iowa. The southwestern Iowa farmer is in the process of applying anhydrous to his fields, and he hopes to cover about half of his acres in the fall.

"The ground was extremely hard before the (recent) rains," Carlson told DTN. "I hope to run more this week."

Carlson said he pre-paid for about half of his anhydrous needs for the fall. As it turns out, anhydrous prices fell even lower during the time between when he locked it in to now, but only about another $10 per ton, he said.

The warm weather the Western Corn Belt experienced this fall limited anhydrous applications as the soil is slowly cooling down. Carlson said he hasn't applied any phosphorus or potash yet, but that is still to be applied by a custom applicator.

"Just waiting for them to do it," he said. "Some guys have put on a lot already while others have just started."

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

Urea is now down 17%, both DAP and MAP are 20% less expensive and UAN32 is 21% lower. 10-34-0 is 23% lower, UAN28 is 24% less expensive, potash is 25% lower and anhydrous is 26% less expensive compared to a year prior.

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):

DRY
Date Range DAP MAP POTASH UREA
Nov 23-27 2015 543 556 422 397
Dec 21-25 2015 519 541 408 390
Jan 18-22 2016 495 520 392 381
Feb 15-19 2016 477 496 375 370
Mar 14-18 2016 477 499 369 390
Apr 11-15 2016 480 504 367 388
May 9-13 2016 476 502 366 385
June 6-10 2016 470 498 359 370
July 4-8 2016 469 496 359 361
Aug 1-5 2016 459 488 346 349
Aug 29-Sept 2 2016 449 464 327 326
Sept 26-30 2016 440 458 317 322
Oct 24-28 2016 436 451 313 317
Nov 21-25 2016 436 445 316 328
LIQUID
Date Range 10-34-0 ANHYD UAN28 UAN32
Nov 23-27 2015 580 624 286 325
Dec 21-25 2015 571 608 277 330
Jan 18-22 2016 571 581 272 319
Feb 15-19 2016 565 538 259 309
Mar 14-18 2016 560 566 276 312
Apr 11-15 2016 560 587 273 318
May 9-13 2016 561 588 274 321
June 6-10 2016 556 569 267 310
July 4-8 2016 546 554 261 304
Aug 1-5 2016 548 552 254 307
Aug 29-Sept 2 2016 493 509 233 275
Sept 26-30 2016 465 486 223 271
Oct 24-28 2016 452 472 224 262
Nov 21-25 2016 445 465 218 256

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

Follow him on Twitter @RussQuinnDTN

(MZT/AG)


blog iconDTN Blogs & Forums
DTN Market Matters Blog
Editorial Staff
Monday, November 28, 2016 11:01AM CST
Wednesday, November 23, 2016 11:18AM CST
Wednesday, November 23, 2016 11:18AM CST
Technically Speaking
Darin Newsom
DTN Senior Analyst
Saturday, December 3, 2016 9:24AM CST
Thursday, December 1, 2016 5:08AM CST
Thursday, December 1, 2016 5:06AM CST
Fundamentally Speaking
Joel Karlin
DTN Contributing Analyst
Thursday, December 1, 2016 10:13AM CST
Wednesday, November 30, 2016 11:08AM CST
Wednesday, November 23, 2016 10:09AM CST
DTN Ag Policy Blog
Chris Clayton
DTN Ag Policy Editor
Friday, December 2, 2016 1:51PM CST
Wednesday, November 30, 2016 9:47AM CST
Tuesday, November 29, 2016 4:04PM CST
Minding Ag's Business
Marcia Taylor
DTN Executive Editor
Friday, December 2, 2016 3:36PM CST
Tuesday, November 8, 2016 9:38AM CST
Thursday, November 3, 2016 3:13PM CST
DTN Ag Weather Forum
Bryce Anderson
DTN Ag Meteorologist and DTN Analyst
Thursday, December 1, 2016 2:10PM CST
Wednesday, November 30, 2016 2:11PM CST
Monday, November 21, 2016 10:07AM CST
Thursday, December 1, 2016 3:56PM CST
Thursday, December 1, 2016 1:21PM CST
Thursday, December 1, 2016 9:00AM CST
DTN Production Blog
Pam Smith
Crops Technology Editor
Friday, November 4, 2016 10:59AM CST
Friday, October 14, 2016 3:27PM CST
Tuesday, October 11, 2016 1:43PM CST
Harrington's Sort & Cull
John Harrington
DTN Livestock Analyst
Friday, December 2, 2016 3:33PM CST
Wednesday, November 23, 2016 1:10PM CST
Monday, November 21, 2016 11:21AM CST
South America Calling
Alastair Stewart
South America Correspondent
Monday, November 14, 2016 3:53PM CST
Monday, November 7, 2016 1:16PM CST
Friday, October 28, 2016 1:57PM CST
An Urban’s Rural View
Urban Lehner
Editor Emeritus
Thursday, December 1, 2016 11:05AM CST
Monday, November 21, 2016 6:18PM CST
Tuesday, November 15, 2016 7:44AM CST
Machinery Chatter
Jim Patrico
Progressive Farmer Senior Editor
Wednesday, November 30, 2016 4:20PM CST
Monday, November 21, 2016 12:21PM CST
Wednesday, November 16, 2016 5:06PM CST
Canadian Markets
Cliff Jamieson
Canadian Grains Analyst
Friday, December 2, 2016 2:18PM CST
Thursday, December 1, 2016 4:18PM CST
Wednesday, November 30, 2016 5:06PM CST
Editor’s Notebook
Greg D. Horstmeier
DTN Editor-in-Chief
Monday, November 21, 2016 4:29PM CST
Tuesday, November 8, 2016 9:46AM CST
Monday, October 3, 2016 4:25PM CST
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN