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Fertilizer Prices Crashing
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AdamsIL
Posted 1/24/2016 12:17 (#5060085 - in reply to #5060001)
Subject: RE: Fertilizer Prices Crashing


Western Illinois
Latest local price I've heard on NH3 was $555/Ton. Possibly going a bit lower. But as we inch closer to Spring, it may be time to get it locked up. Local Coop finally started purchasing, so that's a pretty good sign they are at their bottom...at least short term.
Not a tremendous amount of gas went on last Fall in my area of Western IL, so its possible that demand will drive up prices in season within the next 45-60 days.
Local lows on DAP and Potash to this point are $430 and $335, respectively....at the moment anyway.



Edited by AdamsIL 1/24/2016 12:21
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