Jul 30, 2014
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ALERT April 23, 2014 -- Fill Remaining Nitrogen & Potash

April 23, 2014
By: Davis Michaelsen, Pro Farmer Inputs Monitor Editor

 

Anhydrous Ammonia -- We are at 100% here from previous alerts. If you have not booked 100% of spring/summer anhydrous, get current today. This week, NH3 added $10.91 to the regional average price, now at $702.41 ranging from the regional low in Nebraska at $609.33/st and the regional high in Michigan this week at $828.06.

UAN Solutions -- Fill remaining 20% on UAN28% and/or UAN32% to get to 100% booked for spring and summer. The shutdown of CF's Woodward, OK production facility is expected to weigh on supplies, and inject price strength in the coming weeks. This week, UAN28% is up just $1.35 to $361.59 and UAN32% firmed $1.38 to $385.78.

Urea -- Fill remaining 20% of spring/summer urea to get to 100% booked today. Supplies are tight throughout the Midwest and as northern growers hit the fields, demand will add price strength. The Woodward shutdown will impact supplies and prices here as well. This week, urea adds $3.24 to a regional average of $549.36.

Potash -- K prices are not expected to move dramatically near-term, but transport problems may create pockets of shortages leading to price increases. Get current to 100% filled on spring potash today. This week, potash fell $1.56 to an average of $468.23.

 Click here for more from this week's NFiles...

 
Inputs Position Monitor
NH3
DAP
MAP
K
UAN28%
UAN32%
Urea
Farm Diesel
LP
Natural gas
Spring/summer 2014
100%
100%
100%
100%
100%
100%
100%
50%
0%
0%
Fall 2014
--
--
--
--
--
--
--
--
--
--

Prices may vary so, as always, check with your preferred supplier.


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RELATED TOPICS: advice, Inputs

 
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