- DTN Headline News
DTN Retail Fertilizer Trends
By Russ Quinn
Wednesday, February 14, 2024 6:38AM CST

OMAHA (DTN) -- Average retail price moves were evenly mixed for the eight major fertilizers in the second week of February 2024, according to sellers surveyed by DTN.

Breaking a streak of six straight weeks when most fertilizer prices declined, prices for half of the eight major fertilizers were slightly lower than last month while prices for the other half were slightly higher.

For the third week in a row, no fertilizer price was up or down substantially like we have seen in recent weeks. DTN designates a significant move as anything 5% or more.

Prices for four fertilizers were down just slightly from the previous month. Potash had an average price of $508 per ton, anhydrous $773/ton, UAN28 $335/ton and UAN32 $390/ton.

Prices for the remaining four fertilizers, meanwhile, were just slightly higher than last month. DAP had an average price of $736/ton, MAP $809/ton, urea $528/ton and 10-34-0 $610/ton.

On a price per pound of nitrogen basis, the average urea price was at $0.57/lb.N, anhydrous $0.47/lb.N, UAN28 $0.60/lb.N and UAN32 $0.61/lb.N.

All fertilizers except one are now lower by double digits compared to one year ago. MAP is 6% lower, DAP is 12% less expensive, 10-34-0 is 19% lower, urea is 24% less expensive, potash is 27% lower, both UAN28 and UAN32 are 33% less expensive and anhydrous is 37% lower compared to a year prior.

DTN gathers fertilizer price bids from agriculture retailers each week to compile the DTN Fertilizer Index. DTN first began reporting data in November 2008.

In addition to national averages, MyDTN subscribers can access the full DTN Fertilizer Index, which includes state averages, here: https://www.mydtn.com/….

High fertilizer costs are causing some farmers across the world to protest, according to Dow Jones. You can read more about it here: https://www.dtnpf.com/….

DRY
Date Range DAP MAP POTASH UREA
Feb 6-Feb 10 2023 840 857 694 693
Mar 6-Mar 10 2023 825 823 657 643
Apr 3-7 2023 818 809 642 625
May 1-5 2023 826 805 623 599
May 29-Jun 2 2023 824 832 620 622
June 26-30 2023 825 829 620 616
July 24-28 2023 795 791 594 581
Aug 21-25 2023 735 764 557 575
Sep 18-22 2023 702 757 501 566
Oct 16-20 2023 709 791 504 574
Nov 13-27 2023 717 811 511 574
Dec 11-15 2023 713 819 517 540
Jan 8-12 2024 726 807 510 526
Feb 5-9 2024 736 809 508 528
LIQUID
Date Range 10-34-0 ANHYD UAN28 UAN32
Feb 6-Feb 10 2023 755 1220 499 579
Mar 6-Mar 10 2023 740 1059 436 522
Apr 3-7 2023 740 1002 423 507
May 1-5 2023 739 926 424 507
May 29-Jun 2 2023 739 791 413 478
June 26-30 2023 731 753 396 468
July 24-28 2023 715 691 383 442
Aug 21-25 2023 698 622 355 399
Sep 18-22 2023 610 763 352 405
Oct 16-20 2023 612 809 356 418
Nov 13-27 2023 613 843 361 415
Dec 11-15 2023 595 851 339 409
Jan 8-12 2024 600 776 336 391
Feb 5-9 2024 610 773 335 390

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

Follow him on X, formerly known as Twitter, @RussQuinnDTN.


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