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Anhydrous Hits All-Time-High Price
Record at $1,492
DTN Retail Fertilizer Trends
![Todd Neeley](https://www.dtnpf.com/mydtn-public-core-portlet/servlet/GetAuthorImage?authid=165&width=82&height=73&ts=1643913141034)
By, DTN Staff Reporter
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The price of anhydrous came in at $1,492 in the fourth week of
January, shattering the previous all-time high of $1,433 set
last week. (DTN chart)
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LINCOLN, Neb.
(DTN) -- Most retail fertilizer prices tracked by DTN continued
to rise during the fourth week of January, while several of them
continued to hit all-time highs.
Seven of the
eight major fertilizers were slightly higher, although none of
them saw significant increases as determined by DTN to be 5% or
more.
Anhydrous led all fertilizers with a 4% spike, reaching at an
all-time high $1,492 per ton, a jump from $1,433 the prior week.
UAN28 saw a 3% jump to an all-time-high price of $601/ton,
shattering the previous high of $585/ton. UAN32 continued its
record pace this week, coming in at $699/ton, an increase of
about 2% and also an all-time high.
After hitting the
$800/ton level for the first since March 2012 last week, 10-34-0
increased by about 2% to $817/ton.DAP had an average price of
$877 per ton, MAP $936/ton and potash increased slightly to
$814/ton. Urea was the only fertilizer price to fall, by about
1% to $910/ton. |
On a
price per pound of nitrogen basis, the average urea price was at
$0.99/lb.N, anhydrous $0.91/lb.N, UAN28 $1.07/lb.N and UAN32 $1.09/lb.N.
Last
week, the Iowa Department of Agriculture and Land Stewardship
announced a cooperative agreement with Polk County, the city of Des
Moines and Des Moines Water Works to help expand the amount of cover
crops planted in the Des Moines and Raccoon River watersheds, as part
of the state's ongoing voluntary efforts to reduce nutrients runoff
from farm fields.
"Our
public and private partners are critical to the success of every
conservation project underway in Iowa," Iowa Secretary of Agriculture
Mike Naig said in a news release.
"We're
pleased to continue working alongside our current partners and welcome
new ones to help implement more soil health and water quality
practices in priority watersheds around the state."
As part
of the project, Polk County, the city of Des Moines and Des Moines
Water Works, announced they will purchase equipment needed to plant
cover crops.
The
state is expected to use funding from a water quality initiative to
reimburse Polk County up to $350,000, based on the number of cover
crop acres planted with the equipment. Ag retailer Heartland Co-op
expects to use the seeder to apply cover crop seed for farmers and
landowners in central Iowa.
"Improving surface water quality and protecting our natural resources
is critical to our mission of providing safe, affordable drinking
water to 600,000 customers in urban, suburban, and rural areas of
central Iowa," said Ted Corrigan, Des Moines Water Works CEO. "We are
happy to support this innovative project and work with these valued
partners toward a shared goal."
The
project goal is to seed up to 40,000 acres of cover crops over the
next four years in the Des Moines and Raccoon River watersheds. Iowa
farmers and landowners have planted more than 2 million acres of cover
crops in recent years, according to the news release.
Retail
fertilizer prices compared to a year ago show all fertilizers have
increased significantly, with several fertilizers having well-over
100% price increases.
MAP is
now 61% more expensive, 10-34-0 is 67% higher, DAP is 76% more
expensive, potash is 115% higher, urea is 125% more expensive, UAN32
is 171% higher, UAN28 173% is more expensive and anhydrous is 205%
higher compared to last year.
DTN
surveys more than 300 retailers, gathering roughly 1,700 fertilizer
price bids, to compile the DTN Fertilizer Index each week. In addition
to national averages, MyDTN subscribers can access the full DTN
Fertilizer Index, which includes state averages,
here.
DRY |
Date Range |
DAP |
MAP |
POTASH |
UREA |
Jan 25-29 2021 |
500 |
580 |
379 |
405 |
Feb 22-26 2021 |
605 |
661 |
408 |
464 |
Mar 22-26 2021 |
616 |
696 |
428 |
499 |
Apr 19-23 2021 |
627 |
703 |
432 |
510 |
May 17-21 2021 |
642 |
708 |
440 |
521 |
Jun 14-18 2021 |
661 |
719 |
454 |
531 |
Jul 12-16 2021 |
693 |
730 |
501 |
550 |
Aug 9-13 2021 |
695 |
755 |
563 |
555 |
Sep 6-10 2021 |
699 |
757 |
575 |
558 |
Oct 4-8 2021 |
736 |
829 |
675 |
653 |
Nov 1-5 2021 |
814 |
900 |
750 |
820 |
Nov 29-Dec 3 2021 |
836 |
918 |
777 |
873 |
Dec 27-31 2021 |
864 |
931 |
809 |
911 |
Jan 24-28 2022 |
877 |
936 |
814 |
910 |
|
|
|
|
|
LIQUID |
Date Range |
10-34-0 |
ANHYD |
UAN28 |
UAN32 |
Jan 25-29 2021 |
489 |
489 |
220 |
258 |
Feb 22-26 2021 |
532 |
544 |
250 |
296 |
Mar 22-26 2021 |
599 |
684 |
335 |
376 |
Apr 19-23 2021 |
612 |
707 |
348 |
391 |
May 17-21 2021 |
620 |
716 |
361 |
407 |
Jun 14-18 2021 |
621 |
719 |
365 |
414 |
Jul 12-16 2021 |
624 |
725 |
368 |
418 |
Aug 9-13 2021 |
630 |
740 |
366 |
418 |
Sep 6-10 2021 |
631 |
750 |
371 |
422 |
Oct 4-8 2021 |
639 |
803 |
400 |
456 |
Nov 1-5 2021 |
702 |
1113 |
545 |
604 |
Nov 29-Dec 3 2021 |
756 |
1313 |
575 |
661 |
Dec 27-31 2021 |
795 |
1428 |
583 |
679 |
Jan 24-28 2022 |
817 |
1492 |
601 |
699 |
|
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Todd Neeley can be reached at
todd.neeley@dtn.com
Green Play Ammonia™, Yielder® NFuel Energy.
Spokane, Washington. 99212
www.exactrix.com
509 995 1879 cell, Pacific.
Nathan1@greenplayammonia.com
exactrix@exactrix.com
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