Aug 1, 2019 Retail fertilizer prices made very minor moves in the fourth week of July, according to prices tracked by DTN, with none of the prices changing by more than $3 per […]
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Figure 4 shows the estimated corn expense for a fertilizer application rate of 180-70-70, using anhydrous ammonia as the nitrogen source. For 2019 that fertilizer application rate is $119 per acre, an increase of $14 from 2018. Fertilizer expense in 2019 will also be the greatest since 2015, when prices translated to a $139-per-acre expense.
custom fertilizer and chemical application : custom spreading : $4.50 per acre: custom spreading pasture : $5.00 per acre : custom double spreading : $6.50 per acre: custom spraying with 28% : $5.00 per acre: custom spraying with chemicals : $5.00 per acre: custom spraying of pasture : $7.00 per acre: anhydrous application : $16.00 per acre: spreader rental/anhydrous trailer
Jul 08, 2018· From its peak in 2013, seed, fertilizer and chemical costs declined from $373 to $323 in 2017. That decline was due entirely to lower fertilizer prices. Anhydrous ammonia declined $370/ton. Diammonium phosphate dropped $186 from 2013 to 2017 although during 2018 it has risen by nearly $50/ton. Other fertilizer prices have also risen since mid-2017.
The 2018 prices still are below 2009-18 averages of $482 in August and $481 in September. Outlook. The current fertilizer price increases signal higher 2019 fertilizer costs. Obviously, cost increases reduce farmer profitability, a situation made worse by current projections of low prices for 2019. Price declines could occur but should not be .