US Midwest: Prompt offers chase urea replacement costs

摘要

Prompt granular urea from Nebraska to Ohio are cited at $365-395/st FOB, with some sellers willing to lock in that price through June. Prompt offers are up an average of $37/st from last week. Even the highest prices posted in Iowa and Illinois the new truck offers would barely cover prompt and March replacement costs out of New Orleans plus a very modest margin to a reseller.