August saw some big moves in the Inputs Monitor Index
Sep 12, 2012
The Inputs Monitor Regional Pricing Index covers twelve Midwestern states and includes weekly updates on fuel and fertilizer prices. Inputs Monitor carries a complete listing of all of these prices, breaking down each state by growing region. Visitors can click on any of these regions for updated local prices and state average prices.
August saw some big moves in the Inputs Monitor Index. The biggest mover was urea which fell sharply over the first two weeks of the month to end $31.91 lower at $627.84.
UAN28 and UAN 32 both down on the month; UAN28 down $24.41 to end at $373.34 and UAN32 down $24.15 overall, finishing the month by swinging up $0.57 in the last week to end at $406.23.
Potash down $8.08 to $608.38; DAP down $6.84 to $643.08, and MAP also down $12.16 to $651.34.
Anhydrous, farm diesel and LP all rose over the month. Anhydrous up $12.30 on the heels of a $9.02 rally in the last week to $812.75; Farm diesel mostly steady jumping $0.14 in the final week of August to $3.65, and LP remained docile most of the month with a $0.04 uptick in the final week to end the month slightly higher at $1.31.
A complete listing of these prices as well as pertinent inputs news can be found in the Inputs Monitor tab at profarmer.com.
In the August Monitor, two industry giants battled in court over patents, a report on 2011 farm production expenditures could help you save money, diesel and ethanol prices have a mind of their own and Hurricane Isaac opened the 2012 hurricane season, but did little damage to crude oil and natural gas prices.
A beef expert from the Iowa State University Extension office shares her thoughts on feeding drought crops to livestock and the U.S. moves to centralize its freight transport system. Click on the headlines below for the full stories and keep an eye on the Inputs Monitor for updates on fuel and fertilizer news and a weekly breakdown of the Inputs Monitor Regional Pricing Index.
Jury Awards Monsanto $1 Billion
Farm Production Expenditures Hit Record High In 2011
Thin Margins Put Diesel Retailers In The Red
Easing The Ethanol Mandate
Louisiana Nitrogen Complex Reopens
Feed Drought Corn With Caution
USFreight Policy Council Formed