Farm fuels posted gains and state by state price action suggests more of the same near-term.
Potash price action very closely resembled urea price action this week as phosphate was slightly weaker.
On an indexed basis, UAN28% is not only our lowest priced form of nitrogen, it fell to the lowest price across our entire fertilizer price survey.
Fertilizers were mixed on the week but generally higher as diesel and LP firmed.
Updated fuels and fertilizer charts as of the week ended January 13, 2017.
In an effort to level the playing field for U.S. ammonium sulfate producers and importers, the International Trade Commission could finalize the measure by the end of February.
We compare NH3, DAP and potash prices from the first week of January 2016 to today, and examine spread action through the same period.
our appetite for risk on 100% of farm diesel has expired. Get current with our advice on winter and spring farm diesel.
Phosphate remains overpriced compared to the rest of the fertilizer segment. Meanwhile, potash is working steadily to right its underpriced condition.
Urea and UAN32% firmed on the week as NH3 and UAN28% softened slightly.