Review of Fertilizer Prices – July 2024

 

 

Product

Location

Quantity

Average price in 2023

Q1/24 Price

Q2/24 Price

Q3/24 Estimate

Q4/24 Estimate

2024 full year Estimate

Q1/25 Estimate

Q2/25 Estimate

Ammonia

Tampa (cfr)

Mt

527

472

442

425

465

451

500

500

UAN

New Orleans (cfr)

ston

268

259

248

220

280

244

280

280

Urea

Midwest (fob)

ston

435

420

383

375

375

388

415

415

DAP

Midwest (fob)

ston

629

690

633

590

575

622

550

550

Potash

Midwest (fob)

ston

424

380

347

325

335

347

360

370

 

Source: BMO Capital Markets - July 19, 2024