ALERT 12/19/2013: Nebraska and Kansas NH3

December 19, 2013 04:58 AM

  • Get current with spring NH3 coverage in Nebraska and Kansas at 20%-40% of spring needs.
  • NE & KS Prices are in the high $500's/st, well below the regional average price at $664.02.
  • Annual runup looms, look to cover portions for spring needs against winter price increases to improve tax position.


Anhydrous Ammonia -- Though nitrogen prices have leveled off, mild declines continued this week in anhydrous pricing and Nebraska and Kansas now report prices in the $500's. Nebraska fell $34.00 on the week to $584.53/short ton and Kansas followed suit, trailing $5.00 to $589.33. Key indicators suggest bottoming action for nitrogen. Solutions and urea all moved higher on the week as anhydrous fell just $5.53 in regionwide averages.

The possibility remains for other states to fall in kind, and if others post a $500 handle, we will advise to fill a portion of spring NH3 elsewhere. Prices will vary so check prices with your preferred retailer. If NH3 in your locale is priced in the $500's, consider booking a portion for spring.

Inputs Position Monitor
Farm Diesel
Natural gas
Fall 2013 100% 100% 100% 100% 100% 100% 100% 100% 100% 100%
Spring 2014 30% 20% 20% 20% 30% 30% 20%-40% 20% 0% 0%

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


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