Fert price

[Guest]

Anyone seeing much for pricing ?
Last here was around 1160 Urea , 1300 phos
Stored

[BTO780]

👎🤬😡🤮😯😮🖕

Just can’t put it into words how I feel.

[tubs]

Anyone seeing much for pricing ?
Last here was around 1160 Urea , 1300 phos
Stored

We are getting shafted right now futures are 540 a ton price down 40 % from last year. definitely some price fixing going on.

[bucket]

We are getting shafted right now futures are 540 a ton price down 40 % from last year. definitely some price fixing going on.

Linville was mentioning NOLA urea was 500 a tonne a few days ago.

""""""Yesterday/today is the 1st time that AG/ME #urea markets have traded sub $500 (futures) since September 2021.""""

WTF is going on?

[Taiga]

ADM (Picture Butte):
Potash $970
MAP $1170
AMS $630

Did not price UREA.
ADM was 20% less than Nutrien, and Cargill surprisingly was 20% above Nutrien (usually cheaper).

[Taiga]

For what it is worth:

“
Summary

BK Morris: Fertilizer Week
Expect to see continued ammonia price reductions in December with a modest recovery in January and February.
Urea prices are lower and incoming cargoes will maintain negative pressure.
Expect to see more UAN coming to the U.S. but not until next year.
Phosphate market reacting rationally with lower prices possibly continuing through January.

Jake Niederer & Noah Bishop: ADM
Q4 is typically the time when we see some of the lowest prices as other markets go dormant globally.
We’ve seen corrections across all the major markets and products. Now’s the time to evaluate your fertilizer decisions.
Heading into a period when you need to be ready to pull the trigger to lock in margins and take risk off the table for the coming spring.
Prices are low compared to last year. Margin opportunity right now is high even though costs are high.
Look to lock in spring urea, UAN and ammonium sulfate needs.
Recommend getting nitrogen booked. We could see another $15-$50 move down or equally a $200-$300 move up.
“

[TASFarms]

Did get quoted $1070 on urea last week

[furrowtickler]

Linville was mentioning NOLA urea was 500 a tonne a few days ago.

""""""Yesterday/today is the 1st time that AG/ME #urea markets have traded sub $500 (futures) since September 2021.""""

WTF is going on?

Like everything else , the industry still charging for all inputs like canola is still $25 / bus and wheat at $15 ….

[AlbertaFarmer5]

The retailer I have been buying through lately, who nailed it last year and save me a fortune by following his advice believed the market has bottomed in this area.

[Partners]

Usually cheaper in July..

[fcr]

U.A.N. $777.00/april delivery

[TOM4CWB]

The Mississippi is gaining flow, shipping has been very expensive for fertilizer to go back up into the interior US.

As our grain basis has been positive… 200$/t has been added to the price of fertilizer because of shipping logistics increasing prices.

As with our Praire grain prices with positive basis raising prices to grain farmers… fertilizer manufacturers are economically benefiting in the same way. The CDN federal government taxing Russian fertilizer extra… adds insult to injury.

The likelihood of Russian NH3 going through the Ukrainian export pipeline… while Putin bombs Ukraine infrastructure with Impunity… I would suggest is unrealistic.

Therefore it is unlikely that N will drop more than 10-15% before spring… P and K are similar.

Cheers

[AlbertaFarmer5]

Did anyone attend the Sask Wheat commission virtual meeting with Josh Linville about fertilizer prices today? I signed up and intended to listen, but couldn't find time in the middle of a warm afternoon.

After following him on Twitter, he seems to be sideswiped by the fertilizer price action most of the time, so not sure if this was going to be any better.

[tubs]

just ought 28 0 0 for 659

[Sodbuster]

just ought 28 0 0 for 659

So liquid N is $1.06 per lb of N. Any prices out for spring Nh3?