U.S. Gulf: Barges continued to be called in the $290-$300/st ($9.06-$9.38/unit) FOB range, though barges already in route upriver were a little higher. Speculation continued that near-term pricing would fall.
Eastern Cornbelt: Sources continued to talk of softer pricing for UAN last week. “We’re seeing negative markets in the heat of battle,” said one contact, adding that sidedress demand was starting to pick up. Other sources, noting the late start to spring planting, attributed the softness to typical end-of-season jitters as suppliers struggle to empty bins.
The UAN-28 market has reportedly slipped to $318-$320/st ($11.36-$11.43/unit) FOB Cincinnati, with inland pricing quoted at the $335/st ($11.96/unit) FOB level in Ohio and Indiana. Illinois sources pegged the UAN-32 market in the $365-$375/st ($11.41-$11.72/unit) FOB range last week, down some $15/st from last report.
Western Cornbelt: The UAN market was tagged at $360-$375/st ($11.25-$11.72/unit) FOB in the Western Cornbelt region last week, with most dealer quotes reported in the $365-$375/st ($11.41-$11.72/unit) FOB range.
California: A Central Valley source said growers there have about 25 percent of the spring planting left to do, and most of what remains is “double-crop stuff.” He said movement of UAN and ammonium thiosulfate in sidedress applications on corn silage should be brisk in June.
The UAN-32 market had reportedly slipped to $375-$390/st ($11.72-$12.19/unit) FOB in California, with rail-delivered tons quoted in the $380-$395/st ($11.88-$12.34/unit) range. Those levels were down some $15-$20/st from last report.
Pacific Northwest: Sources said UAN pricing was “all over the board” in the Pacific Northwest last week, but levels were definitely down from last report.
Although dealer postings for UAN-32 remained as high as $440/st ($13.75/unit) DEL in the region, Washington sources reported spot quotes as low as $375-$380/st ($11.72-$11.88/unit) for railed tons from the Midwest last week. Other regional sources put the truck-delivered UAN-32 market at the $410/st ($12.81/unit) level for new sales.
Western Canada: UAN-28 was steady at $459-$462/mt ($16.39-$16.50/unit) DEL in Manitoba, $460-$465/mt ($16.43-$16.61/unit) DEL in Saskatchewan, and $465-$474/mt ($16.61-$16.93/unit) DEL in Alberta.