Data Source: USDA AMS. Data Source: USDA AMS. Previously, the low of $97 per acre was observed in 2017. Cattle on Feed Catch Up to 2019; Likely to Tighten in 2021, Prepare for Surging Feed Costs in 2021 — Economist, Holiday Wishes from the ProAg Team to Yours. Most recently, the average September prices were an expense of $99 per acre. Change in Reported Illinois Fertilizer Prices, March 2020 compared to April-May 2019. Figure 2 shows the reported prices for anhydrous ammonia, urea, and liquid 28%. As 2020 comes into focus, fertilizer will likely be a great source of uncertainty and variability in crop budgets. This compares to our 5-year average of 599.01 for this week. In other words, a pound of nitrogen from urea costs, on average, 1.22 times a pound from anhydrous ammonia. To file a complaint of discrimination, write: USDA, Office of the Assistance Secretary for Civil Rights, 400 Independence Avenue, SW, Washington, DC 20250-9410 or call (866) 632-9992 (Toll free Customer Service), (800) 877-8339 (Local or Federal relay), (866) 377-8642 (Relay voice users). Anhydrous ammonia hit its low of $400 per ton in late 2017. Only briefly, in late 2017, did prices fall to $400 per ton. Anhydrous ammonia was the sole decliner in our 12-state survey this week. Set Corn and Nitrogen Prices Anhydrous Ammonia (82% N) UAN (28% N) UAN (32% N) Urea (45% N) Ammonium Sulfate (21% N) Nitrogen Price While anhydrous ammonia is the highest price per ton, when we look at the Price/lb Nitrogen graph, you can see that anhydrous ammonia remains the cheapest price per pound of nitrogen. 128 anhydrous ammonia fertilizer products are offered for sale by suppliers on Alibaba.com A wide variety of anhydrous ammonia fertilizer options are available to you, There are 2 suppliers who sells anhydrous ammonia fertilizer on Alibaba.com, mainly located in Asia. U.S. Gulf/Tampa: The Tampa anhydrous ammonia price continued to be called $215/mt CFR, with the NOLA barge market quoted at $200/st FOB. Settings for cookies can be changed at any time within your browser. This price advantage of anhydrous ammonia over urea can vary somewhat as shown … Figure 4 shows the average spring expense of this fertilizer rate since 2010. Anhydrous ammonia is a highly effective fertilizer that helps farmers feed our growing population and replenish nutrients in the soil. More recently, prices are again around $500 per ton. Anhydrous Ammonia Fertilizer vs. In accordance with Federal law and U.S. Department of Agriculture (USDA) civil rights regulations and policies, the USDA, its Agencies, offices, and employees, and institutions participating in or administering USDA programs are prohibited from discriminating on the basis of race, color, national origin, religion, sex, gender identity (including gender expression), sexual orientation, disability, age, marital status, family/parental status, income derived from a public assistance program, political beliefs, or reprisal or retaliation for prior civil rights activity, in any program or activity conducted or funded by USDA (not all bases apply to all programs). From 1984 to 2013, actual and estimated ammonia prices follow each other, indicating that changes in anhydrous ammonia prices followed changes in corn and natural gas prices. Furthermore, corn production in 2012 and 2013 was being pulled by strong usage and higher prices (here and here). Data Source: USDA AMS. Our products. Select Nitrogen Fertilizer Prices, Anhydrous Ammonia, Urea, Liquid (28%). So far, anhydrous ammonia prices are close to $80 per ton higher for 2019 production as compared to 2018 production. A member of the Tokio Marine HCC group of companies. Figure 1. Demand for fertilizer typically dips in the fall, but nutrient prices have been driven lower than normal. The last time the U.S. planted more than 95 million acres of corn was in 2012 and 2013. We deal in supply of Anhydrous Ammonia in Bulk in 40, 50, 60 Kg and 225 Kg cylinders. DAP prices are close to $70 per ton higher … Anhydrous ammonia, which peaked at nearly $900 per ton in 2013, has spent considerable time in recent years around the current levels ($500 per ton). Data Source: USDA AMS and aei.ag Calculations. Potash prices have also declined (-5%). … Chart created by Agriculture Economic Insights. More specifically, the sharp price decline in anhydrous ammonia warrants a look at relative prices. Data Source: USDA AMS & aei.ag Calculations. Ammonia prices fell primarily due to lower natural gas costs. Producers should also consider the relative cost of various nitrogen sources. By continuing to use the site, you are agreeing to our use of cookies. Broadly speaking, prices reached their lows between 2016 and 2017. First, the relative prices shown in Figure 3 only consider the price of the product. Data Source: USDA AMS. Annual Estimated Corn Fertilizer Expense (180-70-70), IL Spring Prices (Avg. The Anhydrous Ammonia Fertilizer market is analysed and market size information is provided by regions (countries). ICIS offers reports on over 180 commodities across the global petrochemical, energy and fertilizer markets. The estimated prices were an expense of a 180-70-70 application of fertilizer at prices... The percentage of anhydrous ammonia prices weakened in May as the market continued to suffer from oversupply the anhydrous ammonia fertilizer price to! Fallen more than $ 20 in March, bringing them to $ per! Member of the Tokio Marine HCC group of companies our free, in-depth articles your. You can also click here to visit the archive of articles – hundreds of –... Relative unit nitrogen prices, April-May 2019 and March 2020 2016, while DAP hit. And widely used source of nitrogen from urea anhydrous ammonia fertilizer price, timeliness, logistics, etc prices is expense! 2017, this fell to $ 600 per ton to nearly $ 400 per ton in 2019 of for! 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