The costs of 207 pounds of anhydrous ammonia is $41.88 per acre when a $404 per ton anhydrous ammonia price is used to represent 2017 prices. Potash prices reached lows of $300 per ton in 2016. Rural Broadband Access Expanding; Major Gaps Remain, second-largest corn crop in modern history, Lower fertilizer expenses for corn production also limited soybeans’ appeal. Over time, they have followed a similar price trend, and all three products have seen prices fall from spring highs. Figure 4. Potash prices, for example, climbed from $300 per ton to nearly $400 per ton in 2019. The Anhydrous Ammonia Fertilizer market is analysed and market size information is provided by regions (countries). Data Source: USDA AMS. Anhydrous ammonia has a clear cost per unit advantage when considering only the nitrogen. Figure 3, which considers the price per pound of nitrogen applied, shows the prices of urea and liquid 28% relative to anhydrous ammonia. Since the 2016-2017 lows, prices have trended higher. Source: David Widmar, Agricultural Economic Insights. of April – May) and Fall 2019. A slowdown in global production combined with increasing demand in East Europe resulted in an upward price shift. For a fertilizer application of 180-70-70, lower prices equate to a $20 per acre savings over spring 2019 prices. Will anhydrous prices in Illinois again jump above an average of $600 per ton. As a result of anhydrous ammonia prices falling sharply in recent weeks, urea and 28% prices are historically high relatively to anhydrous. 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. Global ammonia prices weakened in May as the market continued to suffer from oversupply. More information on our cookies. Learn more about this ‘A++’ (Superior) Ranked Insurer. Global Anhydrous Ammonia Fertilizer Market: Regional Analysis. Anhydrous Ammonia Fertilizer vs. Ammonia prices fell primarily due to lower natural gas costs. The insurance products described by Producers Ag Insurance Group® and its subsidiaries (“ProAg®”) may not be a complete list of all products offered and may not be offered in all states. Jan. 2015 – Sept. 2019. For producers with the ability to use alternative sources of nitrogen fertilizer, it is important to keep the relationship of nitrogen prices in mind. DAP prices are close to $70 per ton higher … Potash prices have also declined (-5%). First, the relative prices shown in Figure 3 only consider the price of the product. Downstream fertilizer demand and consumption by chemicals users is expected to remain steady for the remainder of the year. Right now, prices for urea, phosphate, and anhydrous ammonia (nitrogen) are inside the lower third of the five-year average price range. Ammonia prices fell almost 34% from $475 per metric ton during the same week a year ago. Anhydrous ammonia prices are currently around $850 per ton, with uncertainty about prices in the spring of 2013. Jan. 2010- March 2020. Anhydrous ammonia is a highly effective fertilizer that helps farmers feed our growing population and replenish nutrients in the soil. Chart created by Agriculture Economic Insights. If not the fertilizer producer has an economic incentive to sell the ammonia instead of producing urea. Anhydrous ammonia hit its low of $400 per ton in late 2017. Fertilizer prices have fallen from their highs during the farm economy boom. We hope you will continue the conversation with us on Twitter and Facebook. Figure 2. Select Fertilizer Prices, Anhydrous Ammonia, DAP, Potash. Figure 2 shows the reported prices for anhydrous ammonia, urea, and liquid 28%. More specifically, the sharp price decline in anhydrous ammonia warrants a look at relative prices. Anhydrous ammonia prices, for example, are currently around $500 per ton, but were closer to $600 per ton last year. Only briefly, in late 2017, did prices fall to $400 per ton. Alibaba.com offers 823 anhydrous ammonia fertilizer price products. Demand for fertilizer typically dips in the fall, but nutrient prices have been driven lower than normal. We offer the following regional Ammonia analysis and news coverage to keep you informed of factors and developments affecting prices in the US Ammonia marketplace. Product Offer Average Change Anhydrous ammonia 400.00-552.00 475.58 UP 25.08 Urea 46-0-0 350.00-375.00 365.00 UNCH Liquid Nitrogen 28% spread 192.00-245.00 221.93 UP 3.43 DAP(Diammonium … The price relationship for liquid 28% (in red) has also jumped in recent weeks. 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