I started looking at the summer fill program once corn rallied a $1 -1.5,once it got close to $8 I locked in about half of my needs.
Talked with my local fert man this week, he said prices had only went up 10-20 per ton since the summer price with NO RAINS in the upper Midwest,he figures if it starts raining in the upper mid west prices will sky rocket..... Locally its almost all dry spread, we have a terminal center railing it up from gulf for $70ish a ton and trucking short distances out of there. My closest place to pull NH3 tanks is about 27 miles away. We've had a couple of nasty's with NH3 up here so its kinda died out.....
Come here Ghost -- WTF ? NH3 is not based on Natural any more -- LMAO -- it's based off what corn prices are ! - BTW most NH3 is imported here , thanks to the EPA and other Gov. groups .
BTW did lock in 28 at 315 @ton the other day .