U.S. Gulf:
CF was reported to be out with posted prices as high as $535/st ($16.72/unit) FOB. Sources put the NOLA barge market in the $525-$535/st ($16.41-$16.72/unit) FOB range, up from the most recent $500/st ($15.63/unit) FOB.
Eastern Cornbelt:
Sources described limited UAN-32 offers in the $570-$600/st ($17.81-$18.75/unit) FOB range in the region, with the low reported at Cincinnati for Q1 shipment. There were reports of new UAN-28 pricing moving to the $535/st ($19.11/unit) FOB level in the Michigan market.
Western Cornbelt:
UAN-32 pricing continued to firm in the Western Cornbelt. Sources reported new offers at $590-$600/st ($18.44-$18.75/unit) FOB Port Neal, Iowa, with the high for December-January shipment. Pricing at Fort Dodge, Iowa, was also reported at the $600/st ($18.75/unit) FOB level or higher.
New UAN-32 offers in Oklahoma included $580/st ($18.13/unit) FOB Verdigris and Woodward, with pricing at Enid and Dodge City, Kan., reportedly firming from $590/st ($18.44/unit) up to $600/st ($18.75/unit) FOB as the week progressed.
Northern Plains:
Limited UAN-28 offers were confirmed at $540-$550/st ($19.29-$19.64/unit) FOB in North Dakota, with no current UAN-32 pricing reported at Winona, Minn., at mid-month.
Northeast:
The UAN-32 market was reported at $505/st ($15.78/unit) FOB Fairless Hills and $530-$550/st ($16.56-$17.19/unit) FOB Baltimore, with the Baltimore price reflecting an increase from the previous week’s $520/st ($16.25/unit) FOB level.
New UAN-32 pricing out of terminals in upstate New York had reportedly firmed to $580/st ($18.13/unit) FOB, up $60/st since late September.
Eastern Canada:
The UAN-28 market was pegged at C$735-$772/mt (C$26.25-$27.57/unit) FOB in Eastern Canada, up dramatically from the last reported offers at C$460/mt, with reports of UAN-32 pricing at the C$840/mt (C$26.25/unit) FOB level in Ontario on a spot basis.
One regional source offered a frank assessment of the dramatically higher prices in October, and what the steep prices might do to demand going forward. “I’m good with stopping this train of idiocy at any time,” he said. “I’d like to get off.”