Russ Quinn can be reached at russ.quinn@dtn.com. For example, while current DAP prices are 4% above Spring 2020 prices, the uptick is from 10-year lows. Anhydrous ammonia prices, for example, are currently around $500 per ton, but were closer to $600 per ton last year. DTN Pro Grains subscribers can find current retail fertilizer price in the DTN Fertilizer Index on the Fertilizer page under Farm Business. Global fertilizer prices & market analysis Profercy provides comprehensive expert analysis of global fertilizer markets, prices and trends. 2020 farm income is on track to rise 43% above 2019 as crop prices surged and the government increased aid. Fertilizers Price Index is at a current level of 77.14, up from 76.59 last month and up from 75.04 one year ago. Midwest prices for diammonium phosphate, or DAP, jumped 29% in the third quarter, the most since 2010, according to a Green Markets index. Not only are fertilizer prices low, but they are also significantly below the highs of just 5 to 10 years ago. North Carolina Wheat: Post-Emergence Control of Italian Ryegrass – Video Trump Vetoes Defense Bill, Setting Up Possible Override Vote, On-Farm Data Feeds Decisions Locally, Globally, Despite Court Victory, Basin Farmers Give Up Flowage Easements to Government, Next Generation Learns From Failures, Embraces Success, Good Ground Gives Good Home for North Dakota Farmer, Fourth-Generation Rice Farmer Carries on Family Legacy, Majority of Fertilizer Prices Continue to Decline, Except for MAP, DAP. See the latest happenings in the Fertilizer swaps and futures markets offered by CME Group, including volume and open interest updates, in our October 2020 update. Don Batie, a farmer in Lexington, Nebraska, told DTN he is planning on booking fertilizer before the end of 2020. Please correct the following errors and try again: We've detected that you are using an unsupported browser. Compound Fertilizer Price - Select 2020 high quality Compound Fertilizer Price products in best price from certified Chinese Organic Compound Fertilizer manufacturers, Seaweed Compound Fertilizer suppliers, wholesalers and factory on Made-in-China.com © 2020 DTN, all rights reserved. Prices are subject to change at any time. CONSEQUENCES OF TOUGHER AN STORAGE REGULATIONS IN 2021: CONSUMPTION CUTS OR SUBSTITUTION? World fertilizer trends and outlook to 2020 4 The world and regional demand forecasts for the three main plant nutrients for 2015 to 2020 are presented in Annexes 1, 2 and 3, as well as in Annexes 4, 5 and 6 where compound annual growth rates (CAGR) are also provided. However, prices could be an issue because of supply tightness. On a price per pound of nitrogen basis, the average urea price was at $0.39/lb.N, anhydrous $0.27/lb.N, UAN28 $0.38/lb.N and UAN32 $0.39/lb.N. Since 2004 our reports have been provided to fertilizer market professionals across the world. More broadly, 2020 will likely be the lowest corn fertilizer expense in more than 10 years. 1,029 2020 fertilizer prices products are offered for sale by suppliers on Alibaba.com, of which granulators accounts for 46%, sulphate accounts for 1%, and nitrogen fertilizer accounts for 1%. 14.00 ‐ 15.30 Fertilizer consumption potential in the region. Russian prices were uncompetitive due to sellers adopting export tax price protection. In 2020, this example fertilizer rate would cost $95 per acre, a $20 per acre reduction from 2019 spring prices (-17.6%). Not all features of DTN / The Progressive Farmer may function as expected. The charts included cost of N/lb., DAP, MAP, potash, urea, 10-34-0, anhydrous, UAN28 and UAN32. Fertilizer farm prices and indices of wholesale fertilizer prices are also available. Current prices are near their lowest levels in a decade. Last week, Dow Jones reported fertilizer prices are likely to be higher on average in 2021. FOB Fertilizer Prices – Increasing Steadily Since Mid-2017 .....12 Figure 3. This is a change of 0.71% from last month and 2.79% from one year ago. In 2020, this example fertilizer rate would cost $95 per acre, a $20 per acre reduction from 2019 spring prices (-17.6%). CRU's Prices service for fertilizers updates key price assessments every Thursday, covering urea, nitrates, ammonia, phosphates, potash, sulphur and sulphuric acid in one offering. Because of this, fertilizer is only applied in the spring or during the growing season. Figure 2. This has played out most significantly in Brazil and India, two of the top-three biggest importers in the globe for the last five years. October 23, 2020 October 28, 2020 Fall is often a time when farmers think about pre-purchasing or putting down some fertilizer in order to save a buck and some time in advance of the coming year. It’s the second week in a row that all eight major fertilizers were higher than the previous month. In addition to internationally traded fertilizer prices, we provide extensive US inland fertilizer prices and coverage of Chinese inland prices. The government of Pakistan has decided to reduce urea prices by Rs 400 per bag. Male Weeds May Hold Key to Their Own Demise. On a price per pound of nitrogen basis, the average urea price was at $0.39/lb.N, anhydrous $0.26/lb.N, UAN28 $0.37/lb.N and UAN32 $0.39/lb.N. Global Fertilizer Prices. Across the board, lowered fertilizer prices are observed. Global fertilizer prices & market analysis Profercy provides comprehensive expert analysis of global fertilizer markets, prices and trends. Fertilizer price indexes (table 8) have been updated through 2018. DTN collects roughly 1,700 retail fertilizer bids from 310 retailer locations weekly. The Teagasc Situation and Outlook Report published on August 4 showed a dramatic drop in fertiliser prices in 2020. It’s the second week in a row that all eight major fertilizers were higher than the previous month. Lineup – DTN, New Head of Rabo AgriFinance, Ag Lending Veteran Shawn Smeins, Rice: Horizon Ag Rolls Out Two New Clearfield Varieties, DTN Livestock Midday: Contracts Defending Gains, DTN Livestock Open: Traders Likely to Ride Midweek Gains Into Christmas Eve, DTN Livestock Closing: Prosperous Day for Contracts, Moving Grain: USDA Releases Report on Highway Freight, Sorghum Yield Contest Sees New Record – DTN, Fuel Report: Prices Jump Higher, Propane Stocks Drop, Biotech Cotton Key to Eliminating Devastating Pest from U.S., Mexico, Texas: Blackland Income Growth Conference, Online, Jan. 5, Pennsylvania: Insect Damage to Corn; Minor and Unrelated to Yield in Organic, Thompson on Cotton: Market “Plowing Through Resistance”, Texas: Virtual Northeast Panhandle Crop Profitability Conference, Jan. 7, Ag Trade: Brazil in “Advanced” Talks with China to Boost Corn Sales. For late 2020, fertilizer tariffs on imports into the U.S. is changing the price dynamic and causing some uncertainty. Current fertilizer prices translate into a fertilizer expense below the Spring 2020 level, which were already the lowest in a decade. Cattle graze all of the corn stalks in the region for most of the winter months, he said. Producers who fertilize every two years with application due for the 2020 crop year could do the same thing to increase profits from the first crop, but the cost of applying fertilizer again for 2021 might offset any gain unless prices are much better. Yara fertilisers, solid or liquid, supply all crop nutrients including nitrogen, sulphur, phosphate, potassium and full range of micronutrients Nitrogen Chemicals of Zambia (NCZ) has assured farmers that high fuel price will not affect fertilizer prices this year. Three fertilizers were up a significant amount, which DTN designates as 5% or more. FERGUS FALLS, Minn. – As farmers figure their 2020 budgets, one line item that might help is lower fertilizer prices. For example, the example fertilizer expense exceeded $140 per acre for five straight years. Three fertilizers were up a significant amount, which DTN designates as 5% or more. Rent_And_Service Unit Price; NH3 Nurse Tank Rental: Ton: $10.00: NH3 Applicator Rent: Ton: $25.00: Dry Fert. NOAA Seasonal Drought Outlook – Dec., Jan., Feb. Louisiana: 4 Parishes Designated Natural Disaster Areas to Hurricane Laura, USDA: FSA Quickly Implemented Crucial Programs Amid Challenging Year, Corn: HELM Agro Granted EPA Approval for Katagon Herbicide, North Carolina Wheat: Post-Emergence Control of Italian Ryegrass – Video, New Dicamba Labels Mandate Adding Volatility Reducing Agent, Male Weeds May Hold Key to Their Own Demise, Ag Economy: COVID Related Impacts on Rural America, Deere Wins CES Innovation Award for ActiveVision Camera Tech – DTN, Sow Seeds for Your Family This Winter – DTN, Rural Internet: FCC Ruling Should Boost High-Speed Access – DTN, Cotton: AG Groups Team Up to Fuel Continuous Improvement in Mid-South, High Plains: Frenchman Valley Cooperative Launches Innovative New Brand, Horizon Rice: CLL17 – High Yields and Blast Resistance, Raven Industries Opens Pre-Orders for Driverless Ag Tech, HORSCH Adds Multi-Soil Tillage System To U.S. Fertilizer prices are projected to increase modestly by 3% in 2021, according to the October 2020 edition of the World Bank’s Commodity Markets Outlook. Phosphate DAP prices jumped 23% in 3rd quarter of 2020, supported by strong demand from key crop-growing regions. DTN collects roughly 1,700 retail fertilizer bids from 310 retailer locations weekly. For the sixth week in a row, prices for five of the eight major fertilizers were lower, while prices for the remaining three nutrients were higher. World demand for fertilizer nutrient use, 2015-2020 (thousand tonnes) But amid shaky consumer confidence in the economy, there was a bright spot for U.S. agriculture: The CPI’s food index grew 1.5% higher, with the largest increases in cereals and bakery products ever recorded in April. In the case of phosphates, barring another record-breaking wet spring, we see no way that prices can be sustained at the level seen at the end of 2019, and if the past is any guide, they will snap back sharply. World fertilizer trends and outlook to 2020 4 The world and regional demand forecasts for the three main plant nutrients for 2015 to 2020 are presented in Annexes 1, 2 and 3, as well as in Annexes 4, 5 and 6 where compound annual growth rates (CAGR) are also provided. Six of the eight fertilizers tracked by DTN experienced slight declines, while one fertilizer recorded a 4% increase and another a 2% increase. Pull Spreader Rental: Ton: $10.00: Sprayer Rental Under 20 A On a price per pound of nitrogen basis, the average urea price was at $0.39/lb.N, anhydrous $0.26/lb.N, UAN28 $0.37/lb.N and UAN32 $0.39/lb.N. Retail fertilizer charts dating back to 2010 are available in the DTN fertilizer segment. OMAHA (DTN) -- A two-month-old trend continued in the final week of October: A majority of retail fertilizer prices declined, according to retailers surveyed by DTN. Fertilizer prices are currently near their lowest levels in a decade. DTN Pro Grains subscribers can find current retail fertilizer price in the DTN Fertilizer Index on the Fertilizer page under Farm Business. Dicamba: New Lawsuit, Same Complaints – DTN ٖFertilizers Prices in Pakistan August 2020 In the interest of farmers, the price of urea per bag will be reduced by Rs 400 but different fertilizer companies can not be reduced due to the separate effect of the GIDC rate on each company, fertilizer prices as per the government’s desired limit. Latest market update November 2020 … Retail fertilizer charts dating back to 2010 are available in the DTN fertilizer segment. Elizabeth Demertash, Analyst of global fertilizer market, WorldFertilizerMarket (Chem-Courier information agency) The market structure by fertilizer type Updates on Fertilizer Prices Back to Publication Catalog This monthly price update shows the situation and the monthly prevailing Dealers' (Retail) prices of the four (4) fertilizer grades: Urea (45-0-0), Complete (14-14-14), Ammosul (21-0-0) and Ammophos (16-20-0). Matthew and Kayla Poe learned their strongest attribute was working together as a couple. “When we look at the overall input markets so far in 2020, we see that they’ve kind of eased up. Through the first couple of weeks of 2020, phosphate prices have already risen about $30 per ton. Previously, the low of $97 per acre was observed in 2017. Overall, fertilizer prices peaked between 2012 and 2014, before trending lower. Previously, the low of $97 per acre was observed in 2017. 7 days Fertilizer Monthly Update ‒ December 2020 CME Group . 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