by using more of the production inputs. Thus higher corn prices lead to more nitrogen fertilizer per corn acre (i.e., increased demand of nitrogen fertilizer). Also, a higher corn price (relative to other crops) will shift more acres to corn (which uses nitrogen) and fewer acres to soybeans (which doesn't need nitrogen fertilizer).
In depth view into Fertilizers Price Index including historical data from 1960 to 2024, charts and stats. Fertilizers Price Index (I:FPINH3XX) 120.34 for Jul 2024 Overview; Interactive Chart; More. Level Chart. Basic Info. Fertilizers Price Index is at a current level of 120.34, up from 118.20 last month and down from 145.65 one year ago. ...
On a price per pound of nitrogen basis, the average urea price was at $0.57/lb.N, anhydrous $0.47/lb.N, UAN28 $0.60/lb.N and UAN32 $0.61/lb.N.
Nitrogen is by far the largest of the three primary nutrients required by plants for strong and heathy growth. Urea is the most widely used nitrogen fertilizer in the world, accounting for some 62% of global demand for this key nutrient. Key facts about the urea fertilizer market. Over 170 million tonnes of urea are produced and consumed annually.
Monitor prices and costs of Nitrogen and other key utility commodities used in the industry, in 33 strategic countries.Subscribe to Intratec Water & Utility Costs and gain access to prices and costs of industrial utilities covering historical series and forecasts. Plans start at $ 149 USD /year.
With liquid UAN-32 fertilizer priced at $661 per ton and 640 pounds of nitrogen available from each ton, that's $1.03 per pound of nitrogen -- now the highest price for nitrogen since the Guano Age.
The Nitrogen Index now stands at 156.12 points. For a detailed overview of the latest developments in global nitrogen markets, as well as the latest regional market analysis and price assessments, you can receive a free …
DAP fertilizer Monthly Price - Canadian Dollar per Metric Ton. Range. 6m 1y 5y 10y 15y 20y. Jan 2024 - Apr 2024: -54.471 (-6.81%) Chart. Description: DAP (diammonium phosphate), standard size, bulk, spot, f.o.b. US Gulf. …
Unfortunately, the fertilizer sticker price farmers in some areas are reporting is up more than 300% and delivery times are anyone's best guess. We've seen this before, in 2008. During the 12 months ending in April 2008, nitrogen prices increased 32%, phosphate prices increased 93% and potash prices increased .
The nitrogen fertilizer had an average price of $338 per ton. The remaining four fertilizers were down just slightly. DAP had an average price of $713 per ton, urea $570/ton, 10-34-0 $583/ton and ...
This is especially true comparing today's prices with the same period in 2020 and 2021. These lower prices are also good news for nitrogen fertilizer demand. "(Nitrogen) prices could be rangebound ...
In today's article we revisit a statistical regression model fit to monthly anhydrous ammonia prices reported in Illinois. ... Historically, nitrogen fertilizer prices have been positively correlated with prices for both corn and natural gas. Current corn and natural gas prices suggest fertilizer prices may continue to decline into the fall ...
At this point, everyone knows fertilizer prices are at dizzying highs going into the 2022 growing season. Rather than summarizing the latest price data – which have moderated in January and February – this week's post share four charts to provide context and insights into the situation. #1. Timing Matters. Fertilizer prices are high, but the …
The latest nitrogen prices, news & market analysis of all nitrogen markets, including prilled and granular urea, ammonium sulphate, ammonium nitrate, and UAN.
In late 2021, fertilizer prices began to spike alongside rising prices of natural gas—a primary input in nitrogen fertilizer production. By December 2021, average monthly spot prices of natural gas at the Henry Hub distribution hub in Louisiana, as published by the U.S. Energy Information Administration, were 45 percent higher than in ...
The team's findings were published today (Aug. 7) in the journal PLOS Biology. If this trait can be bred into conventional varieties of corn, it could reduce the need for added fertilizer and increase yields in regions with poor soil. Corn that fixes nitrogen could also help farmers in developing countries that may not have access to fertilizer.
Western Mexico Subscribe today. UAN. Argentina 32% CFR mt i Baltic Sea 32% mt Black Sea 32% mt California California 32% DEL st California 32% st California DEL Cornbelt ... The Green Markets Weekly North America Fertilizer Price Index provides a snapshot of how North American fertilizer prices are trending over time.
The Argus Nitrogen service is your reliable and proven source for global nitrogen market intelligence and independent, highly accurate reporting of prices (daily and weekly), the latest deals and market-moving news. We empower market participants to make informed business decisions through: Independent, highly accurate weekly price assessments
The average retail prices of nitrogen fertilizers are at all-time highs for DTN's 13-year-old database; MAP nears prices last seen in 2008.
Only two fertilizers posted price moves of notable size during the second week of January. Anhydrous was 9% lower compared to last month at $776/ton, while UAN32 was 5% lower at $391/ton.
As a major cost in nitrogen fertilizer production, increases in natural gas prices tend to increase nitrogen fertilizer prices. In recent months, the natural gas price at Henry Hub has increased, reaching a monthly average of $8.14 per million BTUs in May and $7.70 in June. These prices are well above recent averages (see Figure 2).
Your detailed monitor of the forces shaping global nitrogen prices, this research delivers informed analysis, estimates and forecasts of the global nitrogen fertilizer market that …
Profercy's Nitrogen Index utilizes key global nitrogen fertilizer prices to derive a value for nitrogen as a crop nutrient. The Index provides a useful and straightforward tool to gauge the overall health of the World market …
Previously, we had seen this recommendation tool help improve nitrogen use efficiency to 0.8 pound of nitrogen for every bushel of corn yield in many areas. That wasn't possible in 2019, with excess rainfall pushing nitrogen below the root zone of the corn crop before it could be utilized.
Fertilizer Canada represents producers, manufacturers, wholesale and retail distributors of nitrogen, phosphate, potash and sulphur fertilizers. $1.00=C1.36 20-Aug-2024
The nitrogen fertilizer's average price was at $577 per ton, which continues to be an all-time high in the DTN data set. Anhydrous was 18% more expensive compared to last month. The average price ...
On a price per pound of nitrogen basis, the average urea price was at $0.63/lb.N, anhydrous $0.48/lb.N, UAN28 $0.64/lb.N and UAN32 $0.63/lb.N. ... DTN gathers fertilizer price bids from ...
