U.S. Gulf: UAN barges continued to be called in the $290-$300/st ($9.06-$9.38/unit) FOB range. While sellers were still eyeing $305/st ($9.53/unit) FOB, buyers believed they could pull product at $285/st ($8.91/unit) FOB.
Others speculated that producers were eyeing more exports to help shore up the market. Regardless, players were tossing around much lower numbers for the fill season – $220-$250/st ($6.88-$7.81/unit) FOB.
Eastern Cornbelt: The UAN-28 market remained $318-$335/st ($11.36-$11.43/unit) FOB in Ohio and Indiana, with the low reported out of the Cincinnati market and the upper end out of inland tanks. Illinois sources quoted UAN-32 pricing at the $365/st ($11.41/unit) FOB level on the low end last week.
Western Cornbelt: Sources continued to quote the UAN-32 market in the Western Cornbelt at $360-$380/st ($11.25-$11.88/unit) FOB regional terminals, with most locations reported in the $365-$375/st ($11.41-$11.72/unit) FOB range. One source said UAN demand for sidedress was about half done in his trade area.
Northern Plains: The UAN-28 market remained at $340/st ($12.14/unit) FOB the Twin Cities and $370/st ($13.21/unit) DEL to certain locations in North Dakota.
Great Lakes: Michigan sources continued to quote the UAN-28 market in the $340-$350/st ($12.14-$12.50/unit) FOB range, while UAN-32 pricing in the Wisconsin market was tagged at roughly $375/st ($11.72/unit) FOB on the low end.
Sidedress work on corn was steady in the region last week, and sources in both states said they expect a brisk run in the coming weeks. One Michigan source said cool weather has limited corn growth in the state, so growers aren’t panicking about a narrow window for completing sidedress applications.
Northeast: UAN pricing continued to slide in the Northeast, with sidedress demand yet to start in most locations.
Sources tagged the Baltimore, Md., market at $315/st ($10.50/unit) for UAN-30 and $336/st (10.50/unit) for UAN-32.