Fertilizer
This week’s fertilizer price action has states in the southwestern corner of our survey area lower as areas farther north continue to firm ahead of spring applications.
Urea and UAN32% favored a weaker tone this week as the rest of the nitrogen segment firmed.
Gains tallied $0.00 to Declines’ $42.87 in the regional averages.
The lifting of economic sanctions against Iran has been discussed in the oil sector, but Iran also has designs on increasing its national fertilizer production with the aim of becoming fertilizer self-sufficient. It has
Anhydrous $129.80 below year-ago pricing -- lower $2.64/st this week at $583.96. Urea $100.36 below the same time last year -- lower $2.04/st this week to $371.28. UAN28% is $60.98 below year-ago -- higher 41 cent
P&K was lower on the week. DAP $93.73 below year-ago pricing -- lower $5.12/st on the week to $489.33/st. MAP $99.17 below year-ago -- lower $9.89/st this week to $496.13/st. Potash $116.17 below year-ago -
P&K was lower on the week. DAP $86.65 below year-ago pricing -- lower $3.92/st on the week to $494.44/st. MAP $88.61 below year-ago -- lower $6.15/st this week to $506.01/st. Potash $109.25 below year-ago -
I was fiddling around with my charts this week and I noticed something very interesting in potash. When compared to expected new-crop revenue, there have been a number of points at which potash seems to have indicated to