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Inputs Monitor Regional Market Report -- 2/4/2013

February 4, 2013
By: Davis Michaelsen, Pro Farmer Inputs Monitor Editor

NASS Map edited cropped (3) 

Inputs Monitor Regional Index Composite 1.38 points higher week-over -- a 0.30% increase to 459.018. DAP and K were the only two nutrients to fall during the report week after near across-the-board declines for two weeks.

Gainers far outpaced decliners during the week posting $13.94 in upside swings while decliners dropped a total of $1.50.

Anhydrous gains $1.58 to $879.16; UAN28 adds $2.50 to $377.25; UAN32 climbs a punishing $7.00 higher to $422.37; Urea moves $0.92 higher to $563.75.

DAP moves $0.83 lower to $638.83; MAP adds $1.92 to $660.50 -- a 0.29% increase.

Potash moves $0.67 lower week-over at $584.41.

Farm diesel $0.005 higher to $3.432 -- climbing for the first time after two months at the low end of its range; LP slightly higher -- adding $0.011 to $1.442.

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

With high/low figures excluded (HLEx), Inputs Monitor Regional Index Composite 0.691 higher week-over to 458.306 -- a 0.15% increase.

This analysis has gains overtaking declines by about two-to-one -- increases total $12.52 while declines total $6.30.

Anhydrous adds $1.60 to $878.60; UAN28 climbs $3.40 to $378.60; UAN32 $4.60 higher to $419.60; Urea adds $0.90 -- 0.16% higher to $562.30.

DAP $5.30 lower to $637.00 -- a 0.82% decline; MAP moves an even $2.00 higher to $659.70.

Potash lower by $1.00 to $584.10 -- a 0.17% decline.

Farm diesel moves $0.01 higher to $3.43 per gallon; LP also slightly higher -- adding 0.007 to $1.428.

Differential between the two analyses (standard figures v. HLEx) stands at 0.712 -- a 0.15% margin with the Standard analysis on top at 459.018.


 

 

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