... the high was $850 on 11/11/2021, the recent low was $580 on 1/11/22, a 63% retrenchment. Can we at least get back to $420 by spring?
https://www.barchart.com/futures/quotes/JCH22
Very thinly traded
BTW, the manager of a large superlocal co-op told me that they lost more money in the huge price swings in '08 than they made on NH3 in ten years.
Be careful- somebody's going to be caught holding the Old Maid here.
Does not matter the price at the gulf. Price from local dealer is what counts and I don’t think that will drop very far till it’s too late to matter
Clayton is there still a fertilizer terminal at the Port of Catousa?
I've gotten semi loads from there through a broker at quite a savings from the locals.
(Have my own spreader)
Hobby as far as I know it still is there. Our local coop would get map from there but not so much since a big “terminal “ got put in about 20 miles away. So much easier to go there and do their own hauling. Still compare price from catoosa though
