St. Charles, MO & Piper City, IL | Some DAP went out the door real close to that off of a barge. I think potash will hit resistance in the 280-285. Canadians are not wanting to let it go. Russians haven't been real aggressive either.
Nh3 will hit resistance hard at $500 IMO. 32% Q1 numbers are up with tons being sold at those levels. Take UAN at .41/lb nh3 should follow .12 under that. That should put the floor at 475. So far Q1 production is 35-50 over that. |