Issue: 36 • 6/26/2009


Sidedressing Wraps Up and

Ammonia Fall Fill Picks Up

 

Warmer temperatures this week and fast corn growth will likely put an end to sidedressing across much of the cornbelt, says Scott Manwarren, ammonia product manager for CHS. “In Indiana and Illinois, some ammonia tons have been lost to UAN because the corn is growing so fast.”

[Full Story]

Urea Barges Will Be

Tight Until August

 

U.S. barge availability has tightened in recent weeks and is likely to be slim until the next inbound vessels arrive in August. Along with domestic demand, at least one company is loading vessels for export in July, which is putting further pressure on U.S. supplies, says Matt Bohan, urea product manager for CHS.

[Full Story]

Winter Wheat Harvest

Gets Started in Plains States

 

Winter wheat harvest is under way in the Plains States, but recent rains and slow grain ripening in some areas is putting growers a few days behind their usual harvest pace. “Rains last weekend interrupted some of the early harvest, but growers across much of the state are just getting into the fields the last few days,” reports Alan Goldsby, account manager for CHS Crop Nutrients.

[Full Story]

Sizing Up Potential for

N Loss This Season

 

This year’s wet spring has set up an above-normal potential for nitrogen deficiencies later in the growing season. According to Peter Scharf, University of Missouri soil scientist, whenever Missouri fields receive more than a foot of rain in the May-June period, yield loss due to N deficiency is likely.

[Full Story]

Gradual Price Rise

Expected for Natural Gas

 
The monthly average Henry Hub natural gas spot price is expected to stay under $4 per thousand cubic feet (Mcf) until late in the year, according to this month’s outlook from the Energy Information Administration (EIA). The current lower pricing is due to abundant natural gas supplies and weak demand driven by an eight-percent decline in consumption from the industrial sector.
[Full Story]

Agrium Has 62 Percent of

CF Shareholders, So Far

 

When its takeover offer period ended Monday, June 22, Agrium had garnered tendered support from 62 percent of CF Industries shareholders. The company called the results a “compelling majority” and said it would extend its offer deadline to July 22.

[Full Story]

This publication contains opinions and interpretations of CHS Crop Nutrients. CHS Inc. disclaims any liability with respect to any claims arising out of, or relating to, reliance on information published in this format. If you need further clarification on this information, call your CHS Crop Nutrients account manager.

For comments or suggestions for future issues, contact Annette Degnan.

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