DTN Retail Fertilizer Trends
DAP Prices Climb to $656/ton, Up 4% From Last Month
6/16/2021 | 1:12 PM CDT
Russ Quinn
By , DTN Staff Reporter
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The average retail price of DAP fertilizer increased 4% over the prior month to $656/ton. The phosphate fertilizer is 62% more expensive than at the same time last year. (DTN Chart)
OMAHA (DTN) -- Retail fertilizer prices for the first full week of June 2021 are marginally higher. This marks the fourth straight week of slightly higher fertilizer prices.
As has been the case in recent weeks, no fertilizers were significantly higher, which DTN designates as 5% or more.
DAP prices increased 4% to $656/ton compared to the prior month.
Potash prices increased 3% to $450/ton.
MAP, urea and UAN32 had 2% increases on the week. MAP was $717/ton, urea $527/ton and UAN32 $414/ton.
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The average retail price of anhydrous and UAN28 fertilizer climbed by 1% to $718/ton and $363/ton, respectively.
10-34-0 had an average price of $620/ton, unchanged from the previous month.
On a price per pound of nitrogen basis, the average urea price was at $0.57/lb.N, anhydrous $0.44/lb.N, UAN28 $0.65/lb.N and UAN32 $0.65/lb.N.
Dow Jones reported last week Australian Potash Limited's stock price appears to be well priced. Shaw and Partners, a brokage firm, is forecasting the company's long-run potash price at $550/ton, but the firm said the company's share prices reflects a price closer to $400/ton.
"We are positive sulfate of potash markets given arable land per capital is shrinking and SOP is a premium type of potassium-carrying fertilizer with no substitutes," Shaw said.
With retail fertilizer prices moving higher over recent months, all fertilizers are now higher in price from a year ago.
Potash is now 24% more expensive, 10-34-0 is 33% higher, urea is 44% more expensive, UAN32 50% higher, anhydrous is 52% more expensive, UAN28 is 55% higher, DAP is 62% more expensive and MAP 67% is higher compared to last 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.
DRY
Date Range DAP MAP POTASH UREA
Jun 8-12 2020 406 430 363 367
Jul 6-10 2020 405 427 360 360
Aug 3-7 2020 416 430 357 354
Aug 31-Sep 4 2020 431 442 348 361
Sep 28-Oct 2 2020 439 459 338 362
Oct 26-30 2020 448 477 332 358
Nov 23-27 2020 456 495 337 359
Dec 21-25 2020 474 535 365 363
Jan 18-22 2021 493 563 379 387
Feb 15-19 2021 600 648 404 457
Mar 15-19 2021 616 693 424 496
Apr 12-16 2021 624 702 432 509
May 10-14 2021 631 702 437 515
Jun 7-11 2021 656 717 450 527
Liquid
Date Range 10-34-0 ANHYD UAN28 UAN32
Jun 8-12 2020 468 472 235 276
Jul 6-10 2020 467 461 233 272
Aug 3-7 2020 465 455 222 262
Aug 31-Sep 4 2020 459 436 216 254
Sep 28-Oct 2 2020 457 424 212 250
Oct 26-30 2020 456 423 209 249
Nov 23-27 2020 457 424 210 249
Dec 21-25 2020 463 461 210 250
Jan 18-22 2021 481 482 215 251
Feb 15-19 2021 522 530 245 288
Mar 15-19 2021 596 671 331 373
Apr 12-16 2021 609 700 345 387
May 10-14 2021 620 713 361 406
Jun 7-11 2021 620 718 363 414
Russ Quinn can be reached at
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