OMAHA (DTN) -- Retail fertilizer prices tracked by DTN for the second week of June 2013 continue to hold extremely steady. Retail prices have now remained constant for over seven months.
Seven of the eight major fertilizers inched lower compared to last month, but these moves were fairly insignificant. DAP had an average price of $599 per ton, MAP $644/ton, urea $553/ton, 10-34-0 $607/ton, anhydrous $815/ton, UAN28 $392/ton and UAN32 $442/ton.
DAP fell below the $600-per-ton level for the first time in just nearly three years. The last time the phosphorous fertilizer was below this level was the fourth week of September 2010. The average price was $589 per ton that week. For the last three years, DAP has traded within a $50-per-ton range, a far cry from the wild pricing days of 2008-2009 when prices tumbled more than $650 per ton.
Prices for the remaining fertilizer, potash, tracked higher compared to a month earlier, but again the move was fairly small. Potash had an average price of $583/ton.
On a price per pound of nitrogen basis, the average urea price was at $0.60/lb.N, anhydrous $0.50/lb.N, UAN28 $0.70/lb.N and UAN32 $0.69/lb.N.
Only one of the eight major fertilizers is showing a price increase compared to one year earlier. Anhydrous is now 6% higher compared to last year.
Four fertilizers are single digits lower in price compared to June 2012. MAP is 5% lower, DAP is down 6%, UAN32 is 7% lower and UAN28 is now 8% lower compared to last year.
The remaining three fertilizers are now down double digits from a year ago. Potash is now down 11% while 10-34-0 is 15% less expensive and urea is 26% lower.
DTN collects roughly 1,700 retail fertilizer bids from 330 retailer locations weekly. Not all fertilizer prices change each week. Prices are subject to change at any time.
DTN Pro Grains subscribers can find current retail fertilizer price in the DTN Fertilizer Index on the Fertilizer page under Farm Business.
Retail fertilizer charts dating back to November 2008 are available in the DTN fertilizer segment. The charts included cost of N/lb., DAP, MAP, potash, urea, 10-34-0, anhydrous, UAN28 and UAN32.
DTN's average of retail fertilizer prices from the second week of the month ($ per ton).