U.S. Gulf: Recent barge trades continue to be quoted in the $480-$485/st FOB range. More sources agreed that NOLA supplies have significantly diminished. They pointed to reports that a large buyer snapped up several barges.
Eastern Cornbelt: Potash in the Eastern Cornbelt region was quoted at $510-$530/st FOB warehouses, depending on grade and location. That range reflected another slight drop from last report, with the low end reported by Illinois sources for red granular tons on a spot basis. One Illinois contact quoted rail-delivered tons at $521-$522/st to his location.
Western Cornbelt: Potash was pegged at $510-$530/st FOB Western Cornbelt warehouses, with the low quoted in Iowa on a spot basis. One Iowa contact said fill numbers for fall potash tons were circulating for as low as $485/st FOB, but that was not confirmed.
Northern Plains: Minnesota sources quoted the granular potash market at $515-$520/st FOB warehouses, with delivered tons reported in the $527-$542/st range in North Dakota. Based on recent business, the potash market FOB Saskatchewan mines had reportedly slipped to $480-$495/st, depending on grade, although producer list prices remained unchanged from summer 2011 postings in the $545-$557/st FOB range.
Great Lakes: Potash pricing was down from last report as well. Michigan sources quoted red granular potash at $530/st FOB and white granular at the $537/st FOB range out of warehouses in the state. Potash pricing in the Wisconsin market was tagged at $520-$530/st FOB.
Northeast: Granular potash was generally quoted at $535-$540/st FOB regional warehouses, with rail-delivered tons quoted at $545-$555/st in the Northeast.