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Inputs Monitor Regional Market Report -- 1/14/2013

January 14, 2013
By: Davis Michaelsen, Pro Farmer Inputs Monitor Reporter
Untitled Document Inputs Monitor Regional Index Composite 0.04 points lower week-over -- a 0.008% decline to 459.63. DAP and MAP moved higher along with Urea while Anhydrous and LP fell slightly.

Anhydrous down $0.58 to $881.08; UAN28 falls $0.75 to $374.58; UAN32 a bold $2.33 lower to $415.33; Urea moves $1.33 higher to $566.16.

DAP moves $2.00 higher to $648.41; MAP adds a modest $0.83 to $657.91.

Potash moves another $0.83 lower to $588.33 as international buying suggests room to the low.

Farm diesel $0.022 lower to $3.477; LP slightly lower -- shedding 0.002 to $1.439.

*A secondary analysis follows. These figures exclude statistical highs and lows...

With high/low figures excluded (HLEx), Inputs Monitor Regional Index Composite 0.31 lower week-over to 458.750 -- a 0.06% dip to the low.

Anhydrous falls $0.80 to $880.20; UAN28 down $0.90 to $375.30; UAN32 $2.57 lower to $414.57; Urea gains $0.60 -- 0.10% higher to $564.60.

DAP adds $1.70 to $644.20 -- a 0.26% increase; MAP moves $0.80 higher to $657.80.

Potash dips another $1.60 to $587.20 -- a 0.27% decline.

Farm diesel dips 0.007 to $587.20; LP slightly lower to $1.399.

Differential between the two analyses (standard figures v. HLEx) stands at 0.888 -- a 0.19% margin with the standard analysis on top at 459.638.


 

 

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