U.S. Gulf: UAN was relatively quiet last week and far less volatile than urea, but the price appeared to have declined about $20/st FOB – probably in reaction to the declining value of granular urea. UAN barges were reported at $365-$370/st ($11.41-$11.56/unit) FOB.
Eastern Cornbelt: UAN-32 was unchanged at $435-$445/st ($13.59-$13.91/unit) FOB in the Eastern Cornbelt, with UAN-28 pegged at the $385/st ($13.75/unit) FOB level in Ohio.
Western Cornbelt: The UAN-32 market remained at $415-$435/st ($12.97-$13.59/unit) FOB regional terminals, with reference prices quoted at the $440/st ($13.75/unit) FOB level at some locations. One source said sidedress demand in his trade area will continue for the next month because corn growth there is at all stages, with some areas forced to replant in May, and other areas seeing stalled growth due to dry conditions.
California: UAN-32 pricing in California remained in a broad range at $395-$425/st ($12.34-$13.28/unit) FOB, depending on supplier and location, with the lower end quoted out of the Stockton market. Sources quoted the upper end of the range as a dealer reference level before discounts. No rail-delivered pricing quotes were reported.
Several sources described spring fertilizer volumes as heavy overall, and there is still a lot of sidedress work to do on silage corn.
Pacific Northwest: UAN-32 supplies remained tight in the Pacific Northwest. Sources pegged the market at $470/st ($14.69/unit) FOB in Washington, with delivered tons quoted in a broad range at $440-$485/st ($13.75-$15.16/unit), depending on supplier and time of delivery.
Western Canada: UAN-28 pricing was steady at $548-$563/mt ($19.57-$20.11/unit) DEL, with the low again in Manitoba and the upper end in Alberta.