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Rentech Nitrogen Partners, L.P. Message Board

  • dw8n dw8n Aug 24, 2012 8:23 PM Flag

    nitrogen fertilizer prices collapsing

    there is an expectation of excess supply of nitrogen

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    • GX_GR210
      Springfield, IL Mon, Nov 26, 2012 USDA-IL Dept of Ag Market News

      Illinois Production Cost Report (Bi-weekly)

      Production costs items state wide: cash prices bulk, FOB distributor,
      per ton unless otherwise stated. Fertilizer in granular form unless noted.

      Product Offer Average Change
      Anhydrous ammonia 845.00-911.00 869.40 UP 4.22

      Urea 46-0-0 525.00-600.00 565.00 UNCH

      Liquid Nitrogen 28% spread 380.00-400.00 391.25 UP 0.25

      DAP(Diammonium Phosphate 18%N 46%P) 600.00-675.00 631.33 UP 1.56

      MAP (Monoammonium Phosphate 11%N 52%P) 620.00-688.00 650.60 DN 6.00

      Potash (Potassium) 570.00-627.00 599.87 UP 0.80

      Farm Diesel Fuel per gal

    • GX_GR210
      Springfield, IL Thu, Oct 11, 2012 USDA-IL Dept of Ag Market News

      Illinois Production Cost Report (Bi-weekly)

      Production costs items state wide: cash prices bulk, FOB distributor,
      per ton unless otherwise stated. Fertilizer in granular form unless noted.

      Product Offer Average Change
      Anhydrous ammonia 810.00-870.00 837.50 UP 3.75

      Urea 46-0-0 525.00-600.00 563.75 NO COMP

      Liquid Nitrogen 28% spread 345.00-395.00 376.00 UNCH

      DAP(Diammonium Phosphate 18%N 46%P) 600.00-657.00 626.92 DN 5.47

      MAP (Monoammonium Phosphate 11%N 52%P) 610.00-665.00 633.75 UP 4.75

      Potash (Potassium) 570.00-650.00 599.14 DN 6.34

      Farm Diesel Fuel per gal

    • GX_GR210
      Springfield, IL Thu, Sep 27, 2012 USDA-IL Dept of Ag Market News

      Illinois Production Cost Report (Bi-weekly)

      Production costs items state wide: cash prices bulk, FOB distributor,
      per ton unless otherwise stated. Fertilizer in granular form unless noted.

      Product Offer Average Change
      Anhydrous ammonia 810.00-870.00 833.75 UP 4.58

      Urea 46-0-0 NQ #DIV/0! #DIV/0!

      Liquid Nitrogen 28% spread 345.00-395.00 376.00 UP 3.33

      DAP(Diammonium Phosphate 18%N 46%P) 600.00-657.00 632.39 UP 14.89

      MAP (Monoammonium Phosphate 11%N 52%P) 610.00-665.00 629.00 DN 1.00

      Potash (Potassium) 570.00-650.00 605.48 UP 12.14

      Farm Diesel Fuel per gal

      • 1 Reply to bunniesfriends
      • GX_GR210
        Springfield, IL Thu, Nov 08, 2012 USDA-IL Dept of Ag Market News

        Illinois Production Cost Report (Bi-weekly)

        Production costs items state wide: cash prices bulk, FOB distributor,
        per ton unless otherwise stated. Fertilizer in granular form unless noted.

        Product Offer Average Change
        Anhydrous ammonia 845.00-900.00 865.18 UP 12.29

        Urea 46-0-0 525.00-600.00 565.00 UNCH

        Liquid Nitrogen 28% spread 380.00-401.00 391.00 UNCH

        DAP(Diammonium Phosphate 18%N 46%P) 600.00-665.00 629.77 UP 1.44

        MAP (Monoammonium Phosphate 11%N 52%P) 620.00-688.00 656.60 DN 1.65

        Potash (Potassium) 570.00-630.00 599.06 DN 0.10

        Farm Diesel Fuel per gal

    • GX_GR210
      Springfield, IL Thu, Sep 13, 2012 USDA-IL Dept of Ag Market News

      Illinois Production Cost Report (Bi-weekly)

      Production costs items state wide: cash prices bulk, FOB distributor,
      per ton unless otherwise stated. Fertilizer in granular form unless noted.

      Product Offer Average Change
      Anhydrous ammonia 820.00-860.00 829.17 UNCH

      Urea 46-0-0 NQ NA NA

      Liquid Nitrogen 28% spread 345.00-395.00 372.67 UP 9.67

      DAP(Diammonium Phosphate 18%N 46%P) 600.00-635.00 617.50 UP 1.50

      MAP (Monoammonium Phosphate 11%N 52%P) 620.00-640.00 630.00 UNCH

      Potash (Potassium) 575.00-610.00 593.33 UP 2.62

      Farm Diesel Fuel per gal

    • Board members...it is not about the price of nitrogen (N)...it is about how much fertilizer (N) that will be sold between now and next spring (almost none)...

      Some nitrogen will be sold for winter wheat plantings and then there will not be much nitrogen sold until next year (April, May and etc.),...sale of fertilizer (N) will pretty much stop for about seven months...

      It don't make any difference 'how much the price' of nitrogen (N) is, if RNF is not selling any (ask any farmer how much fertilizer they are buying between now and spring of next year)...! $tagg...!

      • 3 Replies to staggman99
      • Farmers may cut back on DAP and potash, but they won't harvest corn a year from now without nitrogen being applied this fall and/or next spring. It appears there has been enough rain the past few weeks to allow NH3 applications this fall.

      • Weekly Fertilizer Review for Sept. 4, 2012

        Compiled by staff 

        Published: Sep 4, 2012

        Fertilizer markets continue to remain mostly quiet, which is good news for farmers who fear volatile prices. But the calm before the storm could be ending, with signs seasonal moves, both higher and lower, are beginning to kick in.

        Ammonia prices remain firm and the trend is for higher prices into the fall on wholesale markets. High crop prices given farmers plenty of incentives for fall applications, especially if recent rains have loosened up soils a bit. Problems with a few U.S. plants, coupled with ongoing concerns about cutbacks out of the Black Sea and Caribbean could keep the market following the usual trend. USDA reported the average price in Illinois up $7 last week to $829, with Iowa $790. Prices on the southwest Plains are generally between $730 and $820, though a few prices as low as $675 are still being seen there.

      • I'm a farmer and will be buying over $100k of anhydrous ammonia this month for winter wheat.
        Not buying from RNF though, they're not in Montana.

    • Fertilizer prices in the midwest are not falling. The link below from a supplier in KS shows that most are holding steady and ammonia is actually increasing and is now at the highest price of the year. The low Mississippi River level and the UAN plant shutdown this fall is going to keep N2 prices high in the midwest for the rest of the year.

      http://www.wellingtoncoop.com/pages/custom.php?id=36577

    • Not in the U.S.

      • 1 Reply to tomsnovak
      • GX_GR210
        Springfield, IL Thu, Aug 30, 2012 USDA-IL Dept of Ag Market News

        Illinois Production Cost Report (Bi-weekly)

        Production costs items state wide: cash prices bulk, FOB distributor,
        per ton unless otherwise stated. Fertilizer in granular form unless noted.

        Product Offer Average Change
        Anhydrous ammonia 815.00-860.00 829.17 UP 7.17

        Urea 46-0-0 NA NA NA

        Liquid Nitrogen 28% spread 316.00-395.00 363.00 UNCH

    • expectation from who? or are you just making things up?
      ?

    • ...drive the price of ferty/nitrogen stocks lower. That is good for me because I'd love to pick up a bunch of RNF at much lower prices if possible. That's the way I see it.

      I only own a modest 500 shares currently. I'd like to ultimately own at least 2000 shares. I'd love to see it back down to $24 per share (or lower) again; now THAT would be a great buying opportunity. JMO.

 
RNF
17.01+0.25(+1.49%)Jul 25 4:02 PMEDT

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