ALERT March 4, 2014 -- Anhydrous Ammonia

March 4, 2014 08:34 AM
 

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Anhydrous Ammonia -- Fill remainder of anhydrous ammonia needs for spring to reach 100% filled. December corn has been gaining strength and the spread between expected new-crop revenue and anhydrous is at its widest point we have ever observed. Wholesale ammonia has been stable but urea and UAN solutions all bottomed weeks ago and have headed higher ever since.

This week, anhydrous posts its sharpest upward turn since the price falloff started in July. This week up $8.73/short ton to a regional average of $656.07/st. Click here for more...

 
Inputs Position Monitor
NH3
DAP
MAP
K
UAN28%
UAN32%
Urea
Farm Diesel
LP
Natural gas
Spring 2014 100% 80% 80% 80% 80% 80% 80% 50% 0% 0%
Fall 2014
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Prices may vary so, as always, check with your preferred supplier.


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