The Inputs Monitor pricing map and chart package is currently under repair, however, we remain confident that prices will trend lower for fertilizer and fuels before the time to book arrives. We expect these technical difficulties to be resolved very soon, but in the meantime, there is no reason to rush out and book fall nutrient or fuel today.
In fact, the consensus upstream is that anhydrous is likely to soften over the next month along with LP and UAN solutions. Phosphate looks a little confused in retail pricing right now as DAP moved $3.00 higher/ton last week while MAP fell $3.00/ton. We have noted these oscillations before and in the past, they have been a signal of price weakness ahead. Potash is looking for the floor but has yet to throw its back into the effort, trending sideways, as expected.
We will stay on top of all the latest news while the map and chart functions are under repair and you can still access all the Monitor's editorial content you enjoy everyday. Our petroleum and natural gas reports will be on schedule as well as the weekly gasoline and diesel report.
We apologize for any inconvenience and expect to be up and firing on all cylinders again very soon. In the meantime, hold off on purchases unless you find a deal you can't refuse. Short of that, we expect price declines ahead and will alert you when we are back up and running again. Thank you for your patience and stay tuned.
Photo credit: Julie70 / Foter / CC BY-NC-SA