Ammonia remains stubbornly expensive here in the U.S., despite hints of lower prices internationally. Average retail costs edged almost $2 higher this week to $678, but many growers are paying north of $700, especially in the heart of the Corn Belt. That may make other forms of nitrogen competitive on a unit cost basis, as farmers seek to shave costs with smaller and later applications wherever they can.
UAN prices are also headed lower, at least at the wholesale level, because retail costs remain fairly firm as farmers turn to nitrogen alternatives. The index for 32% at the Gulf slipped another $7 last week to $251.50, with swaps even lower, down to $245.50 on Tuesday. Those costs actually suggest fair value retail for 28% around the $320 average prices, but swamps for July/August are a whopping $40 lower for post-application buying that could take retail expenses down to $275 to $280.
WASHINGTON, April 7 -- Kelly Services Inc., Troy, Michigan, won a federal contract valued at up to $585,125,274 from the U.S. Department of Health and Human Services'National Institute on Mental Health, Bethesda, Maryland, for scientific, technical and other professional support services.