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Fertilizer price future
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coup
Posted 2/16/2021 11:01 (#8836589 - in reply to #8836415)
Subject: RE: Fertilizer price future


USA
Eripet10 - 2/16/2021 09:00

Unfortunately, I have not booked my nitrogen needs whether it be urea or 28 percent . Urea is running around $465 here. Is there hope that nitrogen could come down after the spring rush ? I would buy around June and sidedress , or should I bight the bullet now and buy ? Whats the status of the import tarriffs ?



Don't know if it will get higher, but chances of getting cheaper look to be slim and none before use season.

Have DAP in storage that have been thinking about selling for $200 ton profit and not using any this year. Looks like it would add more to the bottom line to sell it, than spread it.

Edited by coup 2/16/2021 11:01
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