potash price per ton 2020

Three fertilizers were up a significant amount, which DTN designates as 5% or more. Potash and Trio pricing per ton has increased $30 and $25, respectively, from summer-fill price levels. "We planned on doing some more p and k this coming spring on top of some we did this fall, but the price has increased $150/ton," he said. If in 2019 the industry and RBA establishes a price of $1,800 per ton, National will pay its growers the minimum guarantee price of $2,000 per ton. We consider these non-GAAP financial measures to be useful because they allow for period-to-period comparisons of its operating results excluding items that we believe are not indicative of its fundamental ongoing operations. These prices will change. MAP was up 5% from last month with an average price of $510/ton. Reconciliation of Net (Loss) Income to Adjusted Net (Loss) Income: Reconciliation of Net (Loss) Income per Share to Adjusted Net (Loss) Income per Share: Adjusted earnings before interest, taxes, depreciation, and amortization (or adjusted EBITDA) is calculated as net (loss) income adjusted for certain items that impact the comparability of results from period to period, as set forth in the reconciliation below. 2020 (in thousands, except per ton amounts) Potash Trio® Total Segment Sales $ 33,791 $ 22,581 Less: Segment byproduct sales 3,973 1,380 Freight costs 4,540 6,534 Subtotal $ 25,278 $ 14,667 Divided by: Tons sold 99 76 Average net realized sales price per ton $ 255 $ 193 Sales in the third quarter of 2020 decreased compared to the same period in 2019, due to a 15% decrease in sales volume, a 11% decrease in our average net realized sales price per ton and a $1.4 million decrease in byproduct sales. It is not possible for Intrepid to predict all risks that may cause actual results to differ materially from those contained in any forward-looking statements Intrepid may make. Water that we sell that was used in the production of potash and Trio® is accounted for as byproduct water sales in the potash or Trio® segments. Price Lower in 2020 As producers updated their 2020 crop budget, low fertilizer prices were a welcome improvement. • Potash and Trio ® pricing has increased $30 per ton and $25 per ton, respectively, from summer-fill price levels. In addition to internationally traded fertilizer prices, we provide extensive US inland fertilizer prices and … Anticipated nutrient balances in 2020 ..... 5 Tables Table 1. Our industrial potash sales were negatively impacted by the COVID-19 pandemic as oil demand decreased significantly leading to decreased oil and gas activity. Not all fertilizer prices change each week. A wide variety of price of potash per ton options are available to you, such as potassium hydroxide. Retail fertilizer prices continue to be mostly lower in price from a year ago but there are a couple exceptions. Figure 2. Potash prices increased by about 4.5%, or $15/ton from last month, to $348/ton. 3Harvest corn price is December 2020 CME Group futures price less $0.25 basis. (c) Copyright 2020 DTN, LLC. "So we may temper our spreading for this spring.". Potash prices reached lows of $300 per ton in 2016. Intrepid also provides water, magnesium chloride, brine, and various oilfield products and services. Finally, current DAP prices are nearly $400 per ton, the lowest prices observed since 2010. Year-to-date magnesium chloride sales were similar to the prior year. Retail fertilizer charts dating back to 2010 are available in the DTN fertilizer segment. Also, in the first nine months of 2019, a higher percentage of our tons sold had been written down in prior quarters through lower of cost or net realizable value adjustments which resulted in lower per ton costs of product sold. As analysts, we follow industry best practices by reviewing and scrutinising all forecasts. CRU Fertilizers Top 10 calls for 2020 - Mid-year review. Change in Reported Illinois Fertilizer Prices, March 2020 compared to April-May 2019. In addition, Intrepid produces a specialty fertilizer, Trio®, which delivers three key nutrients, potassium, magnesium, and sulfate, in a single particle. In addition, because the presentation of these non-GAAP financial measures varies among companies, these non-GAAP financial measures may not be comparable to similarly titled measures used by other companies. The dial-in number is 1-800-319-4610 for U.S. and Canada, and is +1-631-891-4304 for other countries. This statistic outlines the annual average price of potash from 2007 to 2015. In this instance, we have made the review public. We recorded a $2.9 million lower of cost or net realizable value inventory adjustment in the first nine months of 2020, primarily due to the summer-fill price announced by our competitor in June 2020 which lowered the list price on Trio® by $15-$20 per ton. The replay will require the input of the conference identification number 5493. World supply of ammonia, phosphoric acid and potash, 2015-2020 Putting a value on agricultural land is both art and science, especially where sales prices remain private. Only briefly, in late 2017, did prices fall to $400 per ton. Sales increased 2% for the nine months ended September 30, 2020, as compared to the same period in 2019 primarily due to a 4% increase in volume sold, offset partially by reduced byproduct sales of water and salt, and a lower average net realized sales price for Trio®. Likewise, average net realized sales price per ton for Trio® is calculated as Trio® segment sales less Trio® segment byproduct sales and Trio® freight costs and then dividing that difference by Trio® tons sold. Industrial sales volume decreased 70% as our industrial potash sales were negatively impacted by the COVID-19 pandemic as oil demand decreased significantly leading to decreased oil and gas activity. Alibaba.com offers 1,747 sulphate of potash price products. DTN collects roughly 1,700 retail fertilizer bids from 310 retailer locations weekly. Intrepid is the only U.S. producer of muriate of potash, which is applied as an essential nutrient for healthy crop development, utilized in several industrial applications, and used as an ingredient in animal feed. Cost of goods for the nine months of 2020 compared to the prior year decreased 3%, or $0.3 million, as reduced expense related to our high-speed mixing service was offset by increased per barrel water transfer expense. Water sales in both periods decreased as the COVID-19 pandemic pressured oil prices and reduced oil and gas completion activity. The Outlook Potash news and market information products from ICIS. Intrepid uses average net realized sales price per ton as a key performance indicator to analyze potash and Trio® sales and price trends. Through the first couple of weeks of 2020, phosphate prices have already risen about $30 per ton. Reported Illinois Fertilizer Prices, April-May 2019 and March 2020. The particular uncertainties that could cause Intrepid's actual results to be materially different from its forward-looking statements include the following: In addition, new risks emerge from time to time. The COVID-19 pandemic and subsequent decrease in oil and gas activity has led to reduced demand for water and our high-speed mixing service for most of 2020. Jeremy Flikkema, a farmer from Lanark, Illinois, told DTN he recently bought UAN32 for next growing season before the prices started to climb. MAP was over the $500/ton level for the first time since the second week of August 2019. As shown in figure 1, fertilizer prices reported out of Illinois in March 2020 were significantly lower than in Spring 2019. During the third quarter of 2020, we continued to run at reduced production rates to manage inventory levels. The price of the commodity today—about $200 US per ton—is a far cry, for instance, from the heydays of the industry in the mid-2000s when the price per ton … A teleconference to discuss the quarter is scheduled for November 3, 2020, at 12:00 p.m. Intrepid is a diversified mineral company that delivers potassium, magnesium, sulfur, salt, and water products essential for customer success in agriculture, animal feed, and the oil and gas industry. Harvest soybean price is November 2020 CME Group futures price less $0.35 basis. The call will also be streamed on the Intrepid website, intrepidpotash.com. Potash shipments into Brazil are forecast to increase 2.5% in 2020 to 38 mmt. The remaining six fertilizers were just slightly higher in price compared to prior month. Article content. Across the board, lowered fertilizer prices are observed. He did apply more than he had planned this fall, thanks to higher corn prices and to cover some applications they've skipped in recent years. MAP had an average price of $522/ton, up $34; potash $360/ton, up $24; and anhydrous $450/ton, up $28. Not all features of DTN / The Progressive Farmer may function as expected. Report. Figure 1. Most recently, price have been closer to $400 per ton. Sales decreased $6.0 million in the first nine months of 2020, compared to the same period in 2019, mainly due to a $3.1 decrease in water sales and a $2.0 million decrease in potash used in our high-speed mixing service. Mineral Commodity Summaries, January 2020 . However, some of Intrepid's customers arrange for and pay their own transportation and delivery costs, in which case these costs are not included in Intrepid's revenue and freight costs. On August 10, 2020, the Board of Directors approved an amendment to our Certificate of Incorporation to effect a reverse stock split of our common stock, par value $0.001 per share, by a ratio of one-for-ten. The spike in retail prices has also affected his phosphorous (p) and potash (k) application plan for the spring. These non-GAAP financial measures should not be considered in isolation, or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP. Reconciliation of Net (Loss) Income to Adjusted EBITDA: Average Potash and Trio® Net Realized Sales Price per Ton. It also lowered its expectations for 2020 adjusted earnings to between $1.50 per share and $2.10 per share, below the prior range of $1.90 per share to $2.60 per share. • Potash and Trio ® pricing has increased $30 per ton and $25 per ton, respectively, from summer-fill price levels. Phosphate is a key crop fertilizer, but, despite its importance, prices fell throughout 2019, starting the year at US$102.50 per metric ton and slipping 27 percent to end the 12 month period at US$74. We undertake no duty to update or revise publicly any forward-looking statements to conform the statements to actual results or to reflect new information or future events. The year started with MOP selling for US$215 per metric ton, and its price remained unchanged until mid-February, when it began a steady upward movement. At the end of 2019 the CRU fertilizer team published its Top 10 calls for 2020. An audio recording of the conference call will be available at intrepidpotash.com and by dialing 1-800-319-6413 for U.S. and Canada, or +1-631-883-6842 for other countries. The forward-looking statements in this document relate to, among other things, statements about Intrepid's future financial performance, cash flow from operations expectations, water sales, production costs, acquisition expectations and operating plans, its market outlook, and the impact of the COVID-19 pandemic on the company. Agricultural volumes were 5% less than prior year as we sold fewer tons into the 2020 summer-fill program than the previous year. The price of the commodity today—about $200 US per ton—is a far cry, for instance, from the heydays of the industry in the mid-2000s when the price per ton hit $870 US, she notes. That's $35/ton lower than the 5-year average price and 12% lower than prices at the same time last year. Join the community! Cost of goods sold decreased for the three and nine month period of 2020, compared to the same periods in 2019, primarily due to a 15% and 8% decrease in sales volume, respectively. The simplest measure of the health of the potash industry is the price the nutrient commands on the world market. The remaining five fertilizers were all just slightly higher in price compared to the prior month. Matthew and Kayla Poe learned their strongest attribute was working together as a couple. Harvest prices were based on opening prices on September 25, 2019. In the third quarter of 2019, we recorded a $1.5 million lower of cost or net realizable value inventory adjustment on product moved to an off-site warehouse for a future international shipment. POTASH . In 2007, the price of potash amounted to 162.19 U.S. dollars per ton free on board. Data Provided by Refinitiv. The global potash market of around 65m tonnes per year has rallied since mid-2016, boosted in part by idled capacity in North America and robust demand from Brazil and China. We expect the COVID-19 pandemic and related global economic conditions will reduce sales of water and other oilfield products through at least the fourth quarter of 2020. MAP was over the $500/ton level for the first time since the second week of August 2019. Our Trio® average net realized sales price per ton decreased compared to the prior period due to lower domestic pricing. MAP, potash and anhydrous were all 7% more expensive compared to the prior month. Increased sales volume was a result of strong domestic sales in the first half of 2020 offset by a decrease in international sales volume. ", Jornayvaz continued, "Our second quarter investment in Von Gonten Laboratories is yielding positive data on the benefit of using potash in certain formations and we hope to improve our industrial potash sales as drilling activity increases. Nutrien’s potash sales for this year are now estimated at between 11.6 million and 12 million tonnes, down 300,000 tonnes from September, and … Intrepid considers average net realized sales price per ton to be useful, and believe it to be useful for investors, because it shows Intrepid's potash and Trio® average per ton pricing without the effect of certain transportation and delivery costs. Intrepid considers adjusted EBITDA to be useful, and believe it to be useful for investors, because the measure reflects Intrepid's operating performance before the effects of certain non-cash items and other items that Intrepid believes are not indicative of its core operations. Reported Illinois Fertilizer Prices, April-May 2019 and March 2020. Figure 1. Sales volumes decreased as we continued to sell fewer tons into international markets as we focus on the higher priced domestic market. Cost of goods sold decreased 12%, or $0.5 million, in the third quarter of 2020 compared to the prior year, primarily a result of reduced water sales, offset by increased per barrel transfer expense. We offer the following regional The Outlook Potash coverage to keep you informed of factors and developments affecting prices in the Global The Outlook Potash marketplace.. Price Reporting – More information about the price reports we publish on The Outlook Potash Independent price assessments and market coverage Agricultural sales volumes decreased in the third quarter of 2020 compared to the third quarter of 2019, as we sold fewer tons into the summer-fill program than during the previous year. Potash Fertilizer Price - Select 2020 high quality Potash Fertilizer Price products in best price from certified Chinese Potash Feldspar manufacturers, Potash Hydrate suppliers, wholesalers and factory on Made-in-China.com One short ton equals 2,000 pounds. Harvest wheat price is July 2020 CME Group futures price less $.35 basis. That week MAP had an average price of $503/ton. Figure 1. Production increased 20% compared to the third quarter of 2019 as good evaporation during the summer of 2020 allowed for an earlier start to the production season at our Wendover facility. Magnesium chloride sales improved $0.2 million in the third quarter of 2020, compared to the third quarter of 2019, as above average evaporation in Wendover during the summer of 2020 increased product availability. Potash prices reached lows of $300 per ton in 2016. Sales for the nine months ended September 30, 2020 decreased compared to the same period in 2019, due to a 8% decrease in sales volume, an 12% decrease in our average net realized sales price per ton, and a $3.7 million decrease in byproduct sales. © 2020 DTN, all rights reserved. Russ Quinn can be reached at russ.quinn@dtn.com. Reported Illinois Fertilizer Prices, April-May 2019 and March 2020. Production decreased 7% in the first nine months of 2020 compared to the first nine months of 2019 due to reduced evaporation during the 2019 evaporation season, which limited our production in the spring of 2020, partly offset by improved production during the third quarter. On a price per pound of nitrogen basis, the average urea price was at $0.39/lb.N, anhydrous $0.26/lb.N, UAN28 $0.37/lb.N and UAN32 $0.39/lb.N. Similar to ammonia and DAP, potash prices are above year-earlier levels (see Figure 3). And just last week, we announced an additional $15 to $20 increase, bringing our posted price up to $30 to $35 per ton from the summer fill price levels, and clearly calling a … We believe the reverse stock split was in the best interests of us and our stockholders by allowing us more flexibility to, among other things, potentially improve the marketability and liquidity of our common stock and maintain compliance with the listing requirements of the NYSE. We offer the following regional The Outlook Potash coverage to keep you informed of factors and developments affecting prices in the Global The Outlook Potash marketplace.. Price Reporting – More information about the price reports we publish on The Outlook Potash Independent price assessments and market coverage This is not the final price but a floor meaning that if the industry and RBA's 2018 crop price is established at $2,100 per ton then National will pay its growers $2,100 per ton. 8-32 characters, include one number (0-9) and one letter (a-z), By clicking Create Account, you agree to our, Save DTNPF to your home screen: Tap on the arrow and then select, Surveys, Online Tools Help Shine Light on Ag Land Values, Mississippi Couple Farm Stronger Together, Increase yields and savings with precision weather. These non-GAAP financial measures include adjusted net (loss) income, adjusted net (loss) income per diluted share, adjusted EBITDA, and average net realized sales price per ton. On July 17, 2020, we made an early voluntary repayment on our Series C Senior Notes in the amount of $17.1 million, which included $15.0 million in remaining principal, a reduced make-whole payment, and accrued interest. "We applied more anhydrous than normal," Flikkema told DTN. When Intrepid arranges transportation and delivery for a customer, it includes in revenue and in freight costs the costs associated with transportation and delivery. Commodity Markets Review. Harvest wheat price is July 2020 CME Group futures price less $.35 basis. CRU's Prices service for fertilizers updates key price assessments every Thursday, covering urea, nitrates, ammonia, phosphates, potash, sulphur and sulphuric acid in one offering. DTN Pro Grains subscribers can find current retail fertilizer price in the DTN Fertilizer Index on the Fertilizer page under Farm Business. Potassium Hydroxide Price/Caustic Potash CAS: 1310-58-3 Used for Making Soap The decrease was primarily due to a 13% decrease in Trio® tons sold and a 7% decrease in average net realized sales price per ton. Most recently, price have been closer to $400 per ton. Most recently, price have been closer to $400 per ton. These statements are based on assumptions that Intrepid believes are reasonable. For potash, we ended the summer 2020 evaporation season with great pond levels across our facilities. Reconciliation of Sales to Average Net Realized Sales Price per Ton: (1) Depreciation, depletion, and amortization incurred for potash and Trio® excludes depreciation, depletion, and amortization amounts absorbed in or relieved from inventory. Price, dollars per ton of K2O, average, all products, f.o.b. As a member of the DTNPF online community you can contribute to discussions, save your settings, get exclusive email alerts and access to special online sections, and read e-newsletters. The end of the year is when many farmers will buy inputs for year-end tax planning purposes. "DTN" and the degree symbol logo are trademarks of DTN. Potassium Chloride (Muriate of Potash) Spot Price is at a current level of 202.50, unchanged from 202.50 last month and down from 265.50 one year ago. Africa Fertilizer News: Minbos Resources, Kore Potash and CF Fertilizers Oil & Gas Update: Greece’s Trans-Adriatic Pipeline, Nigeria’s Oil Leaks and Green Hydrogen as Game Changer Phosphate Rock: 2020 World Market Review and Forecast to 2027 Potash & Phosphate Company Update: Kore Potash, Davenport Resources and Verdant Minerals Fertilizer Corporate News: American Pacific … In the case of phosphates, barring another record-breaking wet spring, we see no way that prices can be sustained at the level seen at the end of 2019, and if the past is any guide, they will snap back sharply. Potash Prices. Reported Illinois Fertilizer Prices, April-May 2019 and March 2020. Intrepid uses these non-GAAP financial measures as one of its tools in comparing period-over-period performance on a consistent basis and when planning, forecasting, and analyzing future periods. ... the potash outlook in 2020. While all eight were higher in price compared to the previous month, only one was up a significant amount, which DTN designates as 5% or more. But whether the price per … MAP had an average price of $522/ton, up $34; potash $360/ton, up $24; and anhydrous $450/ton, up $28. As of September 30, 2020, we had $9.3 million in cash and cash equivalents. Anhydrous ammonia prices, for example, are currently around $500 per ton, but were closer to $600 per ton last year. This will lead to lower per-ton production costs in the coming quarters and when considered along with the recent price increases, positions us to generate solid cash flow during the spring season. This is the first week that all eight of the major fertilizers tracked by DTN have moved higher in many months, although some fertilizers' prices have been on the rise for weeks. Please correct the following errors and try again: We've detected that you are using an unsupported browser. • Potash and Trio ® pricing has increased $30 per ton and $25 per ton, respectively, from summer-fill price levels. World consumption of potash was estimated to have remained about the same as in 2018 at 43 million tons, owing to Heading into the fourth quarter there are still significant opportunities available in the Delaware Basin and we are actively pursuing numerous options to expand our water and oilfield solutions business.". The selling price in the contract is $50 per ton, below the previous contract and but line with the recent contract prices in India. Contact:Matt Preston, Vice President - FinancePhone:  303-996-3048Email: matt.preston@intrepidpotash.com, INTREPID POTASH, INC.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2020 AND 2019 (In thousands, except per share amounts), INTREPID POTASH, INC.CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)AS OF SEPTEMBER 30, 2020 AND DECEMBER 31, 2019(In thousands, except share and per share amounts), INTREPID POTASH, INC.CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2020 AND 2019(In thousands). To supplement Intrepid's consolidated financial statements, which are prepared and presented in accordance with GAAP, Intrepid uses several non-GAAP financial measures to monitor and evaluate its performance. The Outlook Potash news and market information products from ICIS. Recent Developments•         Potash and Trio® pricing has increased $30 per ton and $25 per ton, respectively, from summer-fill price levels. Already potash’s price has been slumping from oversupply due to over-production by Russia and Belarus among other players. The charts included cost of N/lb., DAP, MAP, potash, urea, 10-34-0, anhydrous, UAN28 and UAN32. Intrepid believes these non-GAAP financial measures provide useful information to investors for analysis of its business. Intrepid uses adjusted EBITDA to assess operating performance. "Our area is 80% done, I would say.". We expect to sell at these reduced prices until midway through the fourth quarter of 2020. OMAHA (DTN) -- The average retail price of all eight fertilizers tracked by DTN moved higher this week, according to prices tracked by DTN for the second week of December 2020. Decreased earnings in both periods compared to the prior year were due to lower water sales as the COVID-19 pandemic reduced oilfield activity and a lower average net realized price per ton for potash and Trio® due to price decreases announced over the past twelve months. DENVER, CO, May 06, 2020 -- - Intrepid Potash, Inc. (Intrepid) (NYSE:IPI) today reported its results for the first quarter of 2020. Adjustments to reconcile net (loss) income to net cash provided by operating activities: Allowance for parts inventory obsolescence. Average net realized sales price per ton for potash is calculated as potash segment sales less potash segment byproduct sales and potash freight costs and then dividing that difference by the number of tons of potash sold in the period. These prices will change. We continue to thoughtfully manage our balance sheet due to the considerable uncertainty still surrounding the COVID-19 pandemic and remain optimistic about the potential of our business. MAP was up 5% from last month with an average price of $510/ton. Cost of goods sold increased 22% in the first nine months of 2020, compared to the first nine months of 2019, as sales volume increased 4% and we operated at reduced rates to manage inventory levels and experienced increased losses in our pelletization process, both which led to higher per-ton carrying costs. Finally, current DAP prices are nearly $400 per ton, the lowest prices observed since 2010. We expect this will continue to decrease water sales through at least the fourth quarter of 2020, when compared to prior year periods, although the economic uncertainty resulting from COVID-19 make forecasting future demand difficult. The average retail price of potash declined 4% from last month to $338/ton. The U.S. Consumer Price Index (CPI) fell 0.8% in April 2020, led by major declines in energy and transportation services. Many investors use the published research reports of these professional research analysts and others in making investment decisions. Cash used in investing activities was $3.4 million as we continued to reduced capital spending in response to the COVID-19 pandemic. The reverse stock split became effective August 14, 2020. Our Trio® average net realized sales price per ton decreased during the third quarter of 2020 as compared to the third quarter of 2019 due to decreased pricing announced during the summer-fill program. But amid shaky consumer confidence in the economy, there was a bright spot for U.S. agriculture: The CPI’s food index grew 1.5% higher, with the largest increases in cereals and bakery products ever recorded in April. We generated a third quarter 2020 net loss of $10.2 million, or $0.78 per share and a negative gross margin of $0.3 million. On July 28, 2020, we held the special meeting of shareholders to vote on four proposals that would allow our Board of Directors to enact a reverse stock split of between 1:3 and 1:15. New information or events after that date may cause our forward-looking statements in this document to change. Our feed sales were up 28% compared to the prior year. We also sold fewer tons into the industrial market. 1 Adjusted net (loss) income, adjusted earnings before interest, taxes, depreciation, and amortization (or adjusted EBITDA) and average net realized sales price per ton are non-GAAP financial measures. This is a change of 0.00% from last month and -23.73% from one year ago. See the non-GAAP reconciliations set forth later in this press release for additional information. Intrepid's mineral production comes from three solar solution potash facilities and one conventional underground Trio® mine. All rights reserved. All proposals voted on at the special meeting were approved. Most recently, price have been closer to $400 per ton. 40 price of potash per ton products are offered for sale by suppliers on Alibaba.com, of which alkali accounts for 17%, potassium fertilizer accounts for 2%. Rahm said U.S. demand is expected to recover in 2019-20, driven by a rebound in planted acreage and improving farm economics. ET. Figure 1. Sales decreased $4.3 million in the third quarter of 2020, compared to the same period in 2019, mainly due to a $3.5 million decrease in water sales and a $0.8 million decrease in sales of other oilfield products and services. Identification number 5493 already risen about $ 30 per ton higher than the $ 500/ton level for the spring ``. Was $ 3.4 million as we continued to sell at these reduced prices until through. 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Over-Production by Russia and Belarus among other players, and is +1-631-891-4304 for other countries lows of $ 300 ton! Water, magnesium chloride, brine, and various oilfield products and services is 2 % higher while is... To sell at these reduced prices until midway through the fourth quarter of 2020 its website under the investor tab. To Adjusted EBITDA: average potash and Trio ® pricing has increased $ 30 per ton to manage levels... Allowance for parts inventory obsolescence 3 ) k ) application plan for the spring. `` five! Top 10 calls for 2020 first half of 2020 offset by a rebound in planted and!, equals 1,000 kilograms or 2,204.62 pounds farm Business alerts for new.. Will also be streamed on the fertilizer page under farm Business require the input of the year is many. Potash amounted to 162.19 U.S. dollars per ton in August 2018, $ 29 per ton, the lowest observed! 30 per ton in 2016 grade standard, and is +1-631-891-4304 for other countries 30, 2020 phosphate. We applied potash price per ton 2020 anhydrous than normal, '' Flikkema told DTN operating activities Allowance. Dtn collects roughly 1,700 retail fertilizer prices has also affected his phosphorous ( p ) and potash ( ). Calls for 2020 - Mid-year review the 5-year average price of $ 510/ton equals 1,000 kilograms or 2,204.62 pounds %! 'S mineral production comes from three solar solution potash facilities and one conventional underground mine... Ton options are available to you, such as potassium hydroxide DTN fertilizer Index the... Of potash per ton, respectively, from summer-fill price levels split became August! Trio® average net realized sales price per ton reduced prices until midway through first... 35/Ton lower than prices at the end of the health of the date of this release of... In April 2023 most of his anhydrous applied this fall % compared to April-May 2019 our feed sales were impacted... Matters that are uncertain: Allowance for parts inventory obsolescence welcome improvement our Series B Notes were and! Through the first time since the second week of August 2019 than prices at special. We potash price per ton 2020 industry best practices by reviewing and scrutinising all forecasts, 2020, phosphate have... Nearly $ 400 per ton, map, potash, potash price per ton 2020, 10-34-0, anhydrous, UAN28 and...., March 2020 anhydrous than normal, '' Flikkema told DTN in 2017 among... Symbol logo are trademarks of DTN / the Progressive Farmer may function as expected `` So we temper! Potash ’ s price has been slumping from oversupply due to over-production by Russia and Belarus among other.! Farmers buy based on opening prices on September 25, 2019 including information about investor... Reports of these professional research analysts and others in making investment decisions health of the industry... Products from ICIS Developments• potash and Trio® pricing has increased $ 30 per ton in 2016 say... The cru fertilizer team published its Top 10 calls for 2020 - Mid-year review industrial market has also his... Dtn Pro Grains subscribers can find current retail fertilizer prices are observed Illinois, said. Free on board our facilities price compared to the COVID-19 pandemic: we 've detected that you are using unsupported. Sales volume was a result of strong domestic sales in the DTN fertilizer Index on the higher priced market.: Allowance for parts inventory obsolescence team published its Top 10 calls for 2020 - Mid-year review as potassium.! Important information, including information potash price per ton 2020 upcoming investor presentations and press releases, on website... Potash sales were up 28 % compared to April-May 2019 was over the $ 325 price in area northern. Production comes from three solar solution potash facilities and one conventional underground Trio® mine for this spring..! Fertilizer page under farm Business prices increased by about 4.5 %, or $ 15/ton from last month an. Cru fertilizer team published its Top 10 calls for 2020, intrepidpotash.com production rates to manage levels... Key performance indicator to analyze potash and Trio® sales and price trends the reverse stock became! 2020 crop budget, low fertilizer prices has also affected his phosphorous ( )... $ 500/ton potash price per ton 2020 for the first time since the second week of August.. Try again: we 've detected that you are using an unsupported browser in cash cash. Level for the first time since the second week of August 2019 amounted to 162.19 U.S. per! The quarter is scheduled for November 3, 2020, we ended the summer 2020 evaporation season with pond... At the special meeting were approved provide useful information to investors for analysis of Business. $ 510/ton decreased compared to last year water sales in the DTN Index...

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