By: Josh Linville, Vice President- Fertilizer
Price comparisons
U.S. Midwest Average (using multiple points across Midwest) price comparison
U.S. Northern Plains Average price comparison
U.S. Southern Plains Average price comparison
Morocco DAP price comparison
Number 2 exporter of DAP/MAP in 2021
Top 5 export destinations (7M exported in 2021)
Price comparisons:
Black Sea DAP price comparison
Number 3 exporter of DAP/MAP in 2021
Top 5 export destinations (4MMT exported in 2021)
Price comparisons:
India DAP price comparison
Number 2 importer of DAP/MAP in 2021
Top 5 import origins (4.8MMT imported in 2021)
Price comparisons:
China DAP price comparison
Number 1 exporter of DAP/MAP in 2021
Top 5 export destinations (10MMT exported in 2021)
Price comparisons:
Saudi Arabia DAP price comparison
Number 3 exporter of DAP/MAP in 2021
Top 5 export destinations (4.1MMT exported in 2021)
Price comparisons:
Brazil DAP price comparison
Number 1 importer of DAP/MAP in 2021
Top 5 import origins (6.15MMT imported in 2021)
Price comparisons
We believe that only looking at the flat price of either grains or fertilizer can be misleading:
We look at the ratio "value" to get a better indication of where we are or how many bushels of X does it take to pay for 1 ton of fertilizer.
Would you rather:
When we compare the current ratio value against recent years, we start to see if we are high or low.
YOUR VALUES WILL LOOK DIFFERENT
This graph looks at the NOLA DAP price vs the flat grain price. There are no logistics on either product. Your location will look different due to fertilizer logistical costs, grain basis, etc.
All data was sourced from StoneX unless otherwise noted.
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