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Anhydrous, UAN32 Lead Fertilizer Prices Lower
Once again, most retail fertilizers were less expensive. Anhydrous was
13% lower than last month with an average price of $781 per ton. UAN32
was 8% less expensive compared to last month with an average price of
$476 per ton.
22 June
2023
By
Russ Quinn ,
DTN Staff Reporter
![](images/images_06_23_2023/GetStoredImage.png)
UAN32 and anhydrous led the price decreases this week at 8% and 13%
less expensive, respectively. (DTN chart)
OMAHA (DTN) -- Retail fertilizer prices tracked by DTN for the second
week of June 2023 continued the trend of moving lower compared to a
month ago. This trend has been in place since the beginning of 2023.
Six of the eight major fertilizers were less expensive compared to
last month. Only two fertilizers were considerably less expensive. DTN
designates a significant move as anything 5% or more.
Anhydrous was 13% lower compared to the prior month, and the nitrogen
fertilizer had an average price of $781 per ton. UAN32 was 8% less
expensive than last month with an average price of $476/ton.
Four other fertilizers were slightly lower compared to last month. DAP
had an average price of $823/ton, potash $621/ton, 10-34-0 $737/ton
and UAN28 $406/ton.
Just two fertilizers were slightly more expensive compared to a month
ago. MAP had an average price of $823/ton, while urea was at $624/ton.
On a price per pound of nitrogen basis, the average urea price was
$0.68/lb.N, anhydrous $0.48/lb.N, UAN28 $0.73/lb.N and UAN32 $0.74/lb.N.
In her most recent Cash Market Moves column, "Mississippi River Levels
Falling Due to Heat and Little to No Rain," DTN Basis Analyst Mary
Kennedy examined the issue of the Mississippi River seeing lower water
levels. Last fall the river logged extremely low levels; so much so
that some analysts thought most product movement would be affected.
Winter snows and spring rains helped to increase river levels, but
with the recent dry weather across the Corn Belt, the barge industry
is again keeping a wary eye on water levels.
As of June 19, the water level in St. Louis was 1.58 feet above zero
gauge and is forecast to fall below that by the end of June. The water
level in Memphis was 4.62 feet below zero gauge, while in New Orleans
the level was at 3.19 feet and forecast to fall.
Kennedy reported there isn't much grain moving downstream as far as
corn and soybeans given exports are currently flat. But products
moving upstream could see some impact from lower water levels, she
said.
"There are industrial products, fertilizer and other commodities that
rely on the river to get to end users," Kennedy wrote. "If water
levels continue to fall, barge freight will likely cost more, and
transit could slow due to various safety protocols being implemented."
To be clear, current river conditions are in no way as close to the
disaster we saw last fall. But severe drought conditions can quickly
lower the Mississippi River's water level, Kennedy wrote.
To read the entire article, click here: https://www.dtnpf.com/….
All fertilizers are now lower by double digits compared to one year
ago. 10-34-0 is 19% less expensive, DAP is 21% lower, MAP is 23% less
expensive, potash is 29% lower, both urea and UAN32 are 35% less
expensive, UAN28 is 36% lower and anhydrous is 49% 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/….
Retail fertilizer prices have declined significantly
since the beginning of the year, but which ones have dropped the most?
You can read it here: https://www.dtnpf.com/….
Dry |
Date Range |
DAP |
MAP |
POTASH |
UREA |
Jun 13-Jun 17 2022 |
1046 |
1074 |
879 |
961 |
Jul 11-15 2022 |
1030 |
1052 |
885 |
861 |
Aug 8-12 2022 |
982 |
1032 |
881 |
812 |
Sep 5-9 2022 |
952 |
1009 |
878 |
800 |
Oct 3-7 2022 |
934 |
997 |
869 |
826 |
Oct 31-Nov 4 2022 |
930 |
981 |
857 |
826 |
Nov 28-Dec 2 2022 |
926 |
960 |
831 |
795 |
Dec 26-Dec 30 2022 |
885 |
891 |
765 |
751 |
Jan 23-Jan 27 2023 |
855 |
865 |
714 |
708 |
Feb 20-Feb 24 2023 |
836 |
834 |
673 |
666 |
Mar 20-Mar 24 2023 |
821 |
812 |
645 |
627 |
Apr 17-21 2023 |
826 |
812 |
643 |
626 |
May 15-19 2023 |
829 |
831 |
627 |
619 |
June 12-16 2023 |
823 |
832 |
621 |
624 |
|
|
|
|
|
Liquid |
Date Range |
10-34-0 |
ANHYD |
UAN28 |
UAN32 |
Jun 13-Jun 17 2022 |
905 |
1516 |
630 |
730 |
Jul 11-15 2022 |
904 |
1449 |
606 |
701 |
Aug 8-12 2022 |
881 |
1365 |
578 |
678 |
Sep 5-9 2022 |
866 |
1357 |
579 |
658 |
Oct 3-7 2022 |
813 |
1390 |
565 |
652 |
Oct 31-Nov 4 2022 |
759 |
1426 |
583 |
680 |
Nov 28-Dec 2 2022 |
753 |
1416 |
583 |
681 |
Dec 26-Dec 30 2022 |
751 |
1325 |
573 |
679 |
Jan 23-Jan 27 2023 |
754 |
1237 |
523 |
630 |
Feb 20-Feb 24 2023 |
741 |
1124 |
470 |
554 |
Mar 20-Mar 24 2023 |
740 |
1036 |
429 |
514 |
Apr 17-21 2023 |
740 |
995 |
423 |
507 |
May 15-19 2023 |
739 |
895 |
421 |
514 |
June 12-16 2023 |
737 |
781 |
406 |
476 |
Green Play Ammonia™, Yielder® NFuel Energy.
Spokane, Washington. 99212
509 995 1879
Cell, Pacific Time Zone.
General office:
509-254
6854
4501 East Trent
Ave.
Spokane, WA 99212
|