U.S. Gulf:
The NOLA barge market continued to be put at $300/st ($9.38/unit) FOB, with strong inland demand and pricing reported.
Eastern Cornbelt:
The UAN-32 market ranged broadly from $335-$365/st ($10.47-$11.41/unit) FOB in the Eastern Cornbelt, with the low confirmed at LaSalle, Ill., and the high reported by southern Indiana sources out of spot Ohio River locations. Sources said demand was brisk for corn sidedressing. “The upriver and inland basis will widen as tons get tight,” said one contact.
The Cincinnati market remained at $347-$352/st ($10.84-$11.00/unit) FOB for UAN-32 and $298-$307/st ($10.64-$10.96/unit) FOB for UAN-28.
Western Cornbelt:
The UAN-32 market remained at $335-$355/st ($10.47-$11.09/unit) FOB in the Western Cornbelt, depending on location, with the St. Louis price pegged solidly at the $345-$350/st ($10.78-$10.94/unit) FOB level at midweek. Sources reported brisk sidedress applications taking place in Iowa, Nebraska, and Missouri in early June.
Sources said CF is currently not taking new UAN orders for June shipment at Port Neal, Iowa, and has also shut off urea truck shipments at that location. While some speculated that the facilities urea granular plant is down for a turnaround, that was not confirmed.
Southern Plains:
The UAN-32 market was quoted at $340-$350/st ($10-63-$10.94/unit) FOB Oklahoma production points, with the low at Woodward and the high at Verdigris. The Coffeyville, Kan., price reportedly firmed from $335-$340/st ($10.47-$10.63unit) up to $345-$350/st ($10.78-$10.94/unit) FOB late in the week amid reports of brisk sidedress demand in Kansas.
South Central:
The UAN-32 market in the South Central region was firming, with new spot pricing pegged at $345-$355/st ($10.78-$11.09/unit) FOB terminals, up some $20/st from mid-May.
Southeast:
The UAN-32 market was quoted at $315-$325/st ($9.84-$10.16/unit) FOB terminals in the Southeast, with the low out of inland tanks in Georgia and the high FOB Wilmington and other port terminals.