U.S. Gulf:
Nothing new was reported in the NOLA UAN barge market, with prices remaining in the $575-$590/st ($17.97-$18.43/unit) FOB range.
Eastern Cornbelt:
UAN-32 prices dropped to $580-$600/st ($18.13-$18.75/unit) in Illinois and Indiana, down significantly from the previous week’s $640-$660/st ($20.00-$20.63/unit) FOB range. The upper end of the regional market was reported at Mount Vernon, Ind., and Seneca, Ill., at midweek.
The Cincinnati market was pegged at $595/st ($18.59/unit) FOB for UAN-32 and $520/st ($18.57/unit) or less for UAN-28, down from the prior week’s $535-$540/st FOB range. UAN-32 pricing out of Great Lakes terminals was quoted at a low of $605-$615/st ($18.91-$19.22/unit) FOB during the week.
Western Cornbelt:
The UAN-32 market fell to $555-$595/st ($17.34-$18.58/unit) FOB in the Western Cornbelt, reflecting a significant drop from the previous week’s $630-$650/st ($19.69-$20.31/unit) FOB. The low end of the range was confirmed at Port Neal, Iowa, while the high was reported at St. Louis.
UAN-32 pricing also plunged in the Northern Plains, with the Winona, Minn., market falling to $605/st ($18.91/unit) FOB from the previous week’s $675/st ($21.09/unit) FOB level.
Southern Plains:
UAN-32 pricing out of regional production points in Oklahoma and Kansas dropped from $595/st ($18.59/unit) to $565/st ($17.66/unit) FOB during the week, well below the $620-$645/st ($19.38-$20.16/unit) FOB range reported in mid-May.
South Central:
The UAN-32 market was pegged at $565-$600/st ($17.66-$18.75/unit) FOB in the South Central region, down sharply from last report, with the low confirmed in Louisiana and the high out of river terminals in Kentucky. NOLA UAN barges remained at $575-$590/st ($17.97-$18.43/unit) FOB.
Southeast:
The UAN-32 market in the Southeast was reported at $640/st ($20.00/unit) FOB Savannah and $660/st ($20.63/unit) FOB Wilmington and Norfolk, Va. Prices were down at inland Georgia terminals, however, to a reported $600-$614/st ($18.75-$19.19/unit) FOB range in early June.