U.S. Gulf:
NOLA UAN barge price ideas softened to $600/st ($18.75/unit) FOB from the longstanding $620-$630/st ($19.38-$19.69/unit) FOB.
Eastern Cornbelt:
The UAN-32 market was quoted at $640-$660/st ($20.00-$20.63/unit) FOB regional terminals in the Eastern Cornbelt, down $10-$20/st, with the low confirmed at Cincinnati and Mount Vernon, Ind. The UAN-28 market fell to $560-$565/st ($20.00-$20.19/unit) FOB Cincinnati, down a full $30/st from levels reported in early May.
“I truly believe after conversations with CF that you can make offers on UAN,” said one regional contact. “It seems like they want to move and might be long on product.”
Western Cornbelt:
The UAN-32 market was quoted at $630-$650/st ($19.69-$20.31/unit) FOB in the Western Cornbelt, with the low at Port Neal and the high reported in Nebraska. Pricing at St. Louis remained at the $640/st ($20.00/unit) FOB level for the last offers.
One Iowa source said growers are “looking for a big sidedress” run after Memorial Day. “Crops look good, but spring tonnage was cut short this spring,” he added.
California:
UAN-32 pricing in California slipped to a low of $680-$690/st ($21.25-$21.56/unit) FOB Stockton, roughly $10/st under the last reported range, with reference prices remaining at the $700/st ($21.88/unit) FOB level. The last confirmed rail-DEL offers were unchanged at $710-$722/st ($22.19-$22.56/unit) in the state, depending on location.
Pacific Northwest:
The UAN-32 market was pegged at$650-$660/st ($20.31-$20.63/unit) FOB terminals in the Pacific Northwest, down $10-$25/st. The price FOB Kennewick, Wash., was quoted at the $655/st ($20.47/unit) level in late May, reflecting a $30/st drop.
Delivered UAN-32 offers fell to the $650-$680/st ($20.31-$21.25/unit) range in the region, down $30-$40/st from last report.
Western Canada:
UAN-28 prices reportedly dropped to C$760/mt (C$27.14/unit) DEL in Western Canada, down from the last reported C$860/mt (C$30.71/unit) DEL level.