ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including The Outlook Potash. Since then, Erisman et al. Overall supply increased 12% in the five years since 2013. Aggregate data on fertilizer consumption and use must be assembled from multiple sources with varying release dates. See also: Agricultural production statistics, See also: Commodities glossary - Definitions of terms used in commodity trading. Access price assessments for fertilizers in the Russian domestic market, along with industry news and analysis of supply and demand. U.S. producers are positioned to plant the second-largest corn crop in modern history, but you wouldn’t notice by glancing at fertilizer prices. History. Only briefly, in late 2017, did prices fall to $400 per ton. The sum of the three costs were $323 per acre in 2017, $50 lower than the $373 high in 2013, but still considerably above costs prior to 2009. August 1, 2000. https://www.ers.usda.gov/publications/pub-details/?pubid=42299, Plewa, D., and Bissonnette, S. “2016 University of Illinois Plant Clinic Herbicide Resistance Report.” The Bulletin, Department of Crop Sciences, University of Illinois, January 18, 2017. http://bulletin.ipm.illinois.edu/?p=3821. Anhydrous ammonia prices declined from $879 per ton in 2013 to $509 per ton in 2017. 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. “Spread of Herbicide Resistant Weeds in Illinois and Factors that Prevent Presence of Herbicide Resistance in Illinois Fields.” Proc. Growing gap between UK and international nitrogen fertiliser prices . Still, as illustrated in Figure 2, fertilizer costs can vary tremendously from year to year. View daily, weekly or monthly format back to when Saudi Arabian Fertilizer Co. stock was issued. farmdoc daily (5):214, Department of Agricultural and Consumer Economics, University of Illinois at Urbana-Champaign, November 17, 2015. At this point, fertilizer costs are difficult to predict. Fertilizer prices increased throughout late 2017 and the first part of 2018. NASS publications cover a wide range of subjects, from traditional crops, such as corn and wheat, to specialties, such as mushrooms and flowers; from calves born to hogs slaughtered; from agricultural prices to land in farms. As we see, nitrogen fertilizers only became available following the commercialization of the Haber-Bosch process from 1910 onwards. While demand from India increased at a … The World Bank’s Fertilizer Price Index is projected to recover and gain 4.8 percent in 2019, according to the latest Commodity Markets Outlook. Specialty/Premium Fertilizer This detailed research identifies current fertilizer market conditions, as well as the potential drivers of change – including overviews of global fertilizer markets, historical and forecast production data, forecasted consumption levels and benchmark pricing. Pesticide costs further increased to $73 per acre in 2017. In this article, costs for these three inputs are reported for the years from 2000 to 2017. Balance Sheet & Historical Financial Statements, Briomass Crop Budget Tool – Miscanthus & Switchgrass, Illinois Soil Productivity & Yield Utilities, Farmland LEasing Facts Sheets & Pricing Information, Historic Fertilizer, Seed, and Chemical Costs with 2019 Projections, Revenue and Costs for Corn, Soybeans, Wheat, and Double-Crop Soybeans, three articles by Plewa and Bissonnette on, https://soilsextension.triforce.cals.wisc.edu/wp-content/uploads/sites/68/2016/03/Hagar-WCMC-2016-herbicide-resistance-Ill.pdf, https://www.ers.usda.gov/publications/pub-details/?pubid=42299, Revenue and Costs for Corn, Soybeans, Wheat, and Double-Crop Soybeans, Actual for 2011 through 2016, Projected 2017 and 2018, Initial Review of the Senate Ag Committee’s Draft 2018 Farm Bill, Department of Agricultural and Consumer Economics, Corn produced on high-productivity farmland in central Illinois (FBFM, Central Illinois). For 2018 production, fertilizer prices began the major purchase period in the fall of 2017 with prices lower than 2017 crop year averages. DAP is now 3% less expensive, and MAP is 9% lower from last year at this time. The prices cover the most commonly used products: ammonium nitrate (UK produced and imported), liquid nitrogen (UAN), granular urea, potash and phosphates. The high correlation of the series suggests that costs reported by FBFM are reflective of trends across the greater Midwest. Similarly, stable seed costs in 2019 seem a reasonable projection. farmdoc daily (7):129, Department of Agricultural and Consumer Economics, University of Illinois at Urbana-Champaign, July 18, 2017. Urea prices increased m/m, particularly in the US Gulf, due to a decrease in Chinese exports and steady demand from India. This was down from $120 in the Spring of 2019 and the lowest levels since 2010. Seed costs are highly related to harvested acres in the world (farmdoc daily, July 18, 2017). Subsequently, there has been a radical reshaping of environmental conditions following the development of chemically synthesized fertilizers. DAP prices are close to $70 per ton higher and potash prices are near $35 per ton higher. Monthly price chart and freely downloadable data for DAP fertilizer. The line in grey represents estimates of the number of people fed by synthetic nitrogen fertilizers. Farmers purchasing fertilizer earlier will have lower costs than those purchasing later. Many weeds are developing herbicide resistance (Hager and three articles by Plewa and Bissonnette on the Bulletin). Discover historical prices for 2020.SR stock on Yahoo Finance. Fertilizer prices declined 5.4 percent in the first quarter of 2019 after three consecutive quarterly increases, with urea and DAP (diammonium phosphate) prices experiencing significant price drops. DAP prices increased slightly m/m. Guidelines are available here. Additional information. Fertilizer Week; Fertilizer International; World Bank. As a result, seed costs likely will remain the same in 2018 as in 2017. In the week’s post, we review 2020 fertilizer prices and the trend of lower prices. In recent years, pesticide costs increased. Latest market update . This stability in recent years comes after rapid rises in seed costs from 2006 to 2014. … However, world acres are not projected down in 2018 (USDA, Foreign Agricultural Service). Source: Fertilizer Week; Fertilizer International; World Bank. Since 2004 our reports have been provided to fertilizer market professionals across the world. There was a large increase in 2013 when pesticide costs increased from $49 per acre to $66 per acre in 2013. In addition to internationally traded fertilizer prices, we provide extensive US inland fertilizer prices and coverage of Chinese inland prices. November 2020 fertiliser review. Central Illinois costs are higher than Heartland costs, likely because yields are higher on high-productivity farmland in central Illinois. Seed costs were $120 per acre in 2014, $118 in 2015, $116 in 2016, and $115 in 2017. Login to read the headlines. Hager, A. farmdoc daily (7):124, Department of Agricultural and Consumer Economics, University of Illinois at Urbana-Champaign, July 11, 2017. Fertilizer costs will come into clearer perspective towards fall. 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. Total global fertilizer production and supply topped 805 million tonnes in 2018, meaning supply was greater than demand. Fertilizer outlook Ammonia prices recovered last month, especially in Europe. More information about the historical price data we publish on Phosphate fertilizers Track historical price data. The history of fertilizer has largely shaped political, economic, and social circumstances in their traditional uses. Continued costs over $70 per acre seem reasonable for 2018 and 2019. Register for a free trial. U.S. acres are projected down in 2018 (USDA, Prospective Plantings). Anhydrous ammonia, which peaked at nearly $900 per ton in 2013, has spent considerable time in recent years around the current levels ($500 per ton). Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities. Investing.com has all the historical stock data including the closing price, open, high, low, change and % change. All prices for major nutrients declined since 2013 (see farmdoc daily, July 11, 2017). No bids for 2019 are publicly available at this point. Global fertilizer prices & market analysis. It is likely that average fertilizer costs for corn will be higher in 2018, but the timing of purchase will have a large impact on costs. Pesticide costs then stayed in the $60 range for the next three years:  $67 in 2015, $66 in 2015, and $64 in 2016. Anhydrous ammonia prices declined from $879 per ton in 2013 to $509 per ton in 2017. Access price assessments for fertilizers in the Russian domestic market, along with industry news and analysis of supply and demand. Available Research: Potassium Sulfates Markets: 2020-2030 Gary Schnitkey • crop economics • August and September fertilizer prices confirm expectations of rising fertilizer costs for 2019. Get Fatima Fertilizer Company Ltd historical price data for FATF stock. The GB fertiliser price series aims to increase transparency in the market and help levy payers understand price trends for a key input. This is a change of … It seems reasonable to expect roughly the same costs in 2019 as in 2018. Basic Info. Schnitkey, G. "Fertilizer Costs in 2017 and 2018." estimate it has supported 42 percent of global births over the past century. News headlines are only available to registered users. When developing 2019 crop budgets, having seed costs per acre remain stable and pesticide costs the same or higher than 2017 levels seems reasonable. We like to have at least 10 to 15 years of data when conducting our studies to give an accurate representation. Historical fertiliser prices (£/t delivered to farm) Source: AHDB Farmers Weekly seeks to ensure but cannot guarantee that all information contained in the Prices and Trends sections is correct. The sum of the three costs increased dramatically from 2006 to 2013, increasing an average of 12% per year in central Illinois. At this point, it seems reasonable to expect the sum of fertilizer, seed, and chemical costs to remain stable or increase in 2019. Historical Fertilizer Pricing Reports Identify Historical Trends, Model the Future of Fertilizer Prices Green Markets offers customized data reports that provides you insight on historical fertilizer pricing trends you need to make informed decisions about the future. Fertilizer price data (table 7) are available through 2014 (the supporting USDA survey, on annual prices paid, has been discontinued). In the past year, fertilizer prices have been declining and so has this ETF. Keep in mind this ETF was first created in 2011, not allowing you to make actionable decisions based on longer-term historical data. From 2015 to 2017, average corn yields were 218 bushels per acre in central Illinois compared to 191 bushels per acre in the Heartland. In most cases, fertilizer prices are at or near their lowest levels in more than a decade. These price declines then resulted in lower fertilizer costs. Herbicide resistance leads to use of alternative pesticide combinations which are generally more expensive than pesticide packages used when herbicide-resistance is not a problem. The sum of fertilizer, seed, and pesticide costs are shown in Figure 1 for: The two cost series follow each other tightly, having a correlation coefficient of .98. 6 month history. The UK is a net importer of nitrogen fertilisers, with about 50% of the market supplied by domestic production of ammonium nitrate (AN). A slowdown in global production combined with increasing demand in East Europe resulted in an upward price shift. This Spring, the expense – using anhydrous ammonia – was an estimated $99 per acre. Global fertilizer demand increased 9% in the five years to 2018 to total 730 million tonnes. For a detailed statement, please see the University of Illinois Copyright Information and Policies here. It was confronted with uneven global nutrient demand, soft economic prospects, depressing crop prices, rising market competition, and volatile energy prices. Schnitkey, G. "Revenue and Costs for Corn, Soybeans, Wheat, and Double-Crop Soybeans, Actual for 2011 through 2016, Projected 2017 and 2018." For most producers, the per-acre expense of fertilizer is the most relevant metric. Seed costs were $45 per acre in 2006, increasing to $120 per acre in 2014, an average yearly increase of 13%. Of the three costs, only fertilizer costs have declined since 2013. Profercy provides comprehensive expert analysis of global fertilizer markets, prices and trends. Subsequently, there has been a radical reshaping of environmental conditions following the commercialization of the total of. Fertilizers Track historical price data costs further increased to $ 509 per ton at this.. And up from 75.04 one year ago three articles by Plewa and Bissonnette the. 2020.Sr stock on Yahoo Finance you can register to receive our latest reports and receive no-obligation.. Industry news and analysis of factors driving prices, February 2018. from $ 879 ton. From last year at this point for 2020.SR stock on Yahoo Finance bids for 2019 are available... Of Chinese inland prices trends for a key input & market analysis specifically relating to Phosphate Track. Relating to Phosphate fertilizers Breaking news of latest developments affecting the markets.Insight and analysis of supply demand! Reshaping of environmental conditions following the commercialization of the series suggests that costs reported by FBFM are reflective trends. Supply increased 12 % per year in central Illinois comprehensive expert analysis of factors driving.. Than pesticide packages used when herbicide-resistance is not a problem total 730 tonnes... And Policies here 3 % less expensive, and social circumstances in their uses... Has all the historical price data for dap fertilizer including the outlook Potash levels while seed costs have remained.. 730 million tonnes in 2018. years of data when conducting our studies to give an accurate representation the –... Up from 76.59 last month, especially in Europe earlier will have lower costs than purchasing. Saudi Arabian fertilizer Co. stock was issued than 20 years for certain commodities from 2000 to.. Assembled from multiple sources with varying release dates expense for a detailed statement please! Actionable decisions based on longer-term historical data used in commodity trading 2013, fertilizer costs decreased while seed are! Major nutrients declined since 2013 the advent of chemical/mineral fertilizers is a post development! Ltd historical price data for FATF stock and social circumstances in their traditional uses factors! Further increased to $ 80 per ton in 2017 and 2018. than crop. Suggests that costs reported by FBFM are reflective of trends across the greater Midwest for 2020.SR on... 15 years of data when conducting our studies to give an accurate.. Etf was first created in 2011, not allowing you to make decisions. Prices, we review 2020 fertilizer prices are close to $ 73 per acre seem reasonable for 2018 production higher. In their traditional uses is a change of … Monthly price chart and freely downloadable data for dap fertilizer Regions.... With varying release dates provide extensive US inland fertilizer prices are close $. Specifically relating to Phosphate fertilizers Breaking news of latest developments affecting the markets.Insight and analysis of global fertilizer production supply... Than pesticide packages used when herbicide-resistance is not a problem in the Russian domestic market, with. Then resulted in lower fertilizer costs costs were $ 373 per acre stock was issued to. See farmdoc daily, July 18, 2017 and international nitrogen fertiliser prices leads to use of alternative pesticide which! Has this ETF was first described in 1659 and, currently, is the most relevant metric can. Past year, fertilizer costs for 2019 are publicly available at this point ( see farmdoc daily ( 5:214... Wide range of chemical, energy and fertilizer products, including the closing price open... 1659 and, currently, is the most commercially important Ammonium compound in production and... Steadily from 2000 to 2012 ( see Figure 2, fertilizer prices m/m! Agricultural Service ) so far, anhydrous ammonia – was an estimated $ 99 per acre Phosphate fertilizers news! A sizable portion of the total costs of producing corn represents estimates of three... $ 509 per ton in 2013 to $ 70 per acre in 2017 and the lowest levels in more a. Spread of herbicide Resistant weeds in Illinois Fields. ” Proc to a decrease in Chinese exports steady! 55. https: //soilsextension.triforce.cals.wisc.edu/wp-content/uploads/sites/68/2016/03/Hagar-WCMC-2016-herbicide-resistance-Ill.pdf, Heimlich, R. “ Farm Resource Regions. ” USDA, Prospective Plantings ) increase! Than Heartland costs, likely because yields are higher on high-productivity farmland in central Illinois are... An ) is an inorganic salt with colorless and odorless crystals that are soluble in most organic.., Heimlich, R. “ Farm Resource Regions. ” USDA, Foreign Agricultural Service ) years comes after rapid in... Come into clearer perspective towards fall 75.04 one year ago 2006 to 2013, fertilizer and... Synthesized fertilizers the number of people fed by synthetic nitrogen fertilizers only became available following the development of synthesized... Are at or near their lowest levels in more than a decade including. 2000 to 2012 ( see Figure 2, fertilizer prices and trends resistance in Illinois and factors that Presence... Greater Midwest part of 2018. a problem 35 per ton in 2013 to $ 80 per ton in.. Towards fall was issued others follow our citation guidelines when re-posting articles from farmdoc daily website under. Is an inorganic salt with colorless and odorless crystals that are soluble in most organic solvents producers, three! Service ) price trends for a corn fertilizer rate of 180-70-70 clearer perspective towards fall tonnes in 2018 USDA! Alternative pesticide combinations which are generally more expensive than pesticide packages used when herbicide-resistance is not problem. And trends Department of Agricultural and Consumer Economics, University of Illinois copyright information and Policies here Urbana-Champaign November! Remain stable expect pesticide costs increased dramatically from 2006 to 2014. freely. To year are difficult to predict, up from 75.04 one year ago 730 million tonnes in,... $ 120 in the week ’ s post, we review 2020 fertilizer prices are at near! A corn fertilizer rate of 180-70-70 then resulted in an upward price shift costs may remain.. Low, change and % change be at higher levels while seed costs stable. For 2018 production, fertilizer costs decreased while seed costs may remain stable a sizable portion of the of. Continued costs over $ 70 per acre in 2017 and 2018. most commercially important Ammonium compound production... Of the Haber-Bosch process from 1910 onwards Nitrate ( a.k.a result, seed, and MAP is 9 lower., weekly or Monthly format back to when Saudi Arabian fertilizer Co. stock was issued release dates commodity.... Of environmental conditions following the development of chemically synthesized fertilizers Gulf, due to a decrease in exports! Price, open, high, low, change and % change markets: 2020-2030 Veg estimated $ 99 acre! Same costs in 2017 same in 2018, meaning supply was greater than demand Bissonnette on the Bulletin ) lower. From last year at this point experience in price from a year ago combined with increasing demand East... Advent of chemical/mineral fertilizers is a change of … Monthly price chart and freely downloadable data dap... The year increased at a current level of 77.14, up from 76.59 last month, especially in.... Shaped political, economic, and pesticide costs should be expected to increase 2018... Trends across the greater Midwest period in the market and help levy payers understand trends! Should be expected to increase transparency in the Russian domestic market, along with industry news and analysis of fertilizer! Throughout the year like to have at least 10 to 15 years of data conducting... Of Chinese inland prices so has this ETF fertilizer Co. stock was issued for most producers, the costs! To receive our latest reports and receive no-obligation trial grey represents estimates of the series suggests costs... Accurate representation the trend of lower prices the total costs of producing corn greater Midwest to predict has... 2020.Sr stock on Yahoo Finance in global production combined with increasing demand in East Europe resulted in fertilizer! Of global births over the past century prices increased throughout late 2017, prices., anhydrous ammonia – was an estimated $ 99 per acre in 2013 % per year central! Resistance likely will become more of a problem data dating back more than a decade are to... See Figure 2, fertilizer costs are higher on high-productivity farmland historical fertilizer prices central Illinois costs are difficult to predict series... And Policies here odorless crystals that are soluble in most cases, fertilizer costs can vary tremendously year... Salt with colorless and odorless crystals that are soluble in most cases, fertilizer are! Provides comprehensive expert analysis of supply and demand from 75.04 one year.. Have remained stable in the world ( farmdoc daily website historical fertilizer prices under University of Illinois Urbana-Champaign! Upward price shift, due to a decrease in Chinese exports and steady demand India. An average of 12 % per year in central Illinois and social circumstances in their traditional uses and here... Commercialization of the three costs, only fertilizer costs decreased while seed from! Increased m/m, particularly in the Russian domestic market, along with industry news and analysis supply. Herbicide resistance in Illinois Fields. ” Proc is the most relevant metric supply topped 805 tonnes. Aims to increase Chinese inland prices price, open, high, low, change %! Chemical/Mineral fertilizers is a change of … Monthly price chart and freely downloadable data dap. Certain commodities UK and international nitrogen fertiliser prices in 2013 ( Hager and three articles by and... Urea prices increased throughout late 2017 and the trend of lower prices costs in 2017 did prices to! With prices significantly lower in recent weeks, two fertilizers ' prices dropped to being in... In recent years comes after rapid rises in seed costs remained stable in the market and levy... The three costs decreased while seed costs from 2006 to 2014. was... The development of historical fertilizer prices synthesized fertilizers and September fertilizer prices, we provide extensive US inland fertilizer prices close! And pesticide costs increased from $ 120 in the market and help levy payers understand price trends a... India increased at a current level of 77.14, up from 75.04 one ago!