U.S. Gulf: UAN barges continued to move up last week, with most calling the market $280-$295/st ($8.75-$9.22/unit) FOB.
Price ideas were also moving up on the East Coast, with sources now quoting that market at $310-$320/mt CFR.
Eastern Cornbelt: UAN pricing was working its way up in the Eastern Cornbelt. Sources quoted the low of the UAN-28 market at $287/st ($10.25/unit) FOB Cincinnati, Ohio, for prompt tons, while Illinois sources pegged the UAN-32 market in the $325-$333/st ($10.16-$10.41/unit) FOB range for spring prepay.
On the East Coast, the UAN-32 market FOB Baltimore and Savannah was pegged at the $310/st ($9.69/unit) level last week.
Western Cornbelt: UAN-32 was quoted in the $315-$330/st ($9.84-$10.31/unit) FOB range in the Western Cornbelt, up just slightly from last report, with the low reported in southern Missouri. Iowa sources continued to quote spring prepay tons in the $325-$330/st ($10.16-$10.31/unit) FOB range last week.
California: UAN-32 pricing in California was moving up as terminal markets changed to reflect higher replacement costs. Sources quoted the market at $315-$325/st ($9.84-$10.16/unit) FOB, up roughly $13-$15/st from last report, with the low end FOB Stockton. The upper end of the regional range was pegged at $345/st ($10.78/unit) FOB in desert locations of the state.
Pacific Northwest: UAN-32 pricing was up significantly in the Pacific Northwest. Sources quoted the low end of the regional range last week at $355/st ($11.09/unit) DEL, up $40/st from December, and new producer postings were even higher.
Effective Jan. 22, Agrium’s UAN-32 postings firmed to $360/st ($11.25/unit) rail-DEL in Washington, northern Idaho, and Oregon excluding Malheur County; $365/st ($11.41/unit) rail-DEL and $370/st ($11.56/unit) truck-DEL in southern Idaho and Oregon’s Malheur County; and $365/st ($11.41/unit) rail-DEL and $380/st ($11.88/unit) truck-DEL in the Klamath Basin sales area. Agrium’s postings in Montana moved on that date to $370/st ($11.56/unit) DEL for UAN-32 and $325/st ($11.61/unit) DEL for UAN-28.
Western Canada: UAN-28 pricing was moving up in Western Canada. Sources reported dealer pricing at $385-$406/mt ($13.75-$14.50/unit) DEL in the region, up approximately $50/mt from last report, with the low reported in Manitoba and the upper end in Alberta.