DTN Retail Fertilizer Trends

MT. JULIET, Tenn. (DTN) -- The average retail price of DAP and MAP fertilizers inched higher this week, while the rest of the complex saw continued declines, according to prices tracked by DTN for the last week of July 2020.

DAP prices increased by an average of $4 to $410 per ton. MAP showed a smaller increase of $2, putting the average retail price at $429/ton. Neither price move is significant, which DTN considers 5% or more.

Of the six remaining major fertilizers, the prices of UAN28 and UAN32 each declined by $10/ton, or 4%. On average, UAN28 cost $223/ton, while UAN32 cost $262/ton.

Price moves for the remaining fertilizers were even smaller. Potash, at $358/ton, and 10-34-0, at $465/ton, declined by $3. The average urea price dropped by $2 to $355/ton, while anhydrous declined $7 to $454/ton.

On a price per pound of nitrogen basis, the average urea and anhydrous price were unchanged from last month at $0.39/lb.N and $0.28/lb.N. UAN28 at $0.40/lb.N and UAN32 at $0.41/lb.N are 1 cent higher than the last week of June 2020.

The retail price of all eight major fertilizers are lower than last year. Anhydrous leads the way, down 22%. It's followed by MAP, down 19%; UAN28 and UAN32, down 18%; urea and DAP, down 17%; potash, down 9%; and 10-34-0, down 4%.

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.

Katie Dehlinger can be reached at [email protected]

Follow her on Twitter at @KatieD_DTN

© (c) Copyright 2020 DTN, LLC. All rights reserved.