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rickgthf
Senior Advisor

This past Aug, March gulf urea was $416, ...

... 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?

5 Replies
Hobbyfarmer
Honored Advisor

Re: This past Aug, March gulf urea was $416, ...

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sdholloway56
Senior Advisor

Re: This past Aug, March gulf urea was $416, ...

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.

clayton58
Veteran Advisor

Re: This past Aug, March gulf urea was $416, ...

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 

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Hobbyfarmer
Honored Advisor

Re: This past Aug, March gulf urea was $416, ...

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)

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clayton58
Veteran Advisor

Re: This past Aug, March gulf urea was $416, ...

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 

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