How much does anhydrous ammonia cost?
How much does anhydrous ammonia cost?
According to the Agricultural Marketing Service, farmer-paid prices for anhydrous ammonia were $487 per ton in 2020, increasing to $746 per ton by July 2021 (see farmdoc daily, August 3, 2021). The price continued to grow, reaching over $1,000 per ton in October 2021.
How much does ammonia cost?
The average anhydrous ammonia price now is over $1,100 per ton, having increased over $278 per ton in the last two weeks. Overall, these large price increases indicate that 2022 nitrogen application rates should be lowered, particularly for farmers who have been applying nitrogen above university recommended levels.
Why is anhydrous ammonia so expensive right now?
Anhydrous Ammonia Prices Climb 60% Since Fall. It’s the perfect storm in the worst way for fertilizer prices. Higher demand and a strain in supplies are causing prices to soar.
How much does anhydrous ammonia cost per pound?
about $0.80 per pound
The current price of anhydrous ammonia comes out to about $0.80 per pound of N.
Will anhydrous prices go down?
“Anhydrous ammonia, considered a critical component for most crops, has seen the steepest cost increase from year to year, with an increase from the December 2020 monthly average of $449.1 per ton to $1506 in December 2021, a 235 percent annual increase.
How many gallons is anhydrous ammonia per ton?
5.15 lbs./gal. Gallons per ton…………………………………. 388.5 gal./ton Vapor Pressure @ 75°F…………………………… 125 P.S.I.
How many pounds is an anhydrous tank?
A full 1,000 gallon tank will weigh 7,500 pounds and a full 1,500 gallon tank will weigh about 10,600 pounds.
Why is anhydrous so expensive?
Manufacturing 1 ton of anhydrous ammonia fertilizer requires 33,500 cubic feet of natural gas. This cost represents most of the costs associated with manufacturing anhydrous ammonia.
Why ammonia prices are increasing?
Market Overview. The price of anhydrous ammonia has risen considerably in the first quarter of 2022. The increase in price is primarily due to the substantial increase in gas price which is used as a key raw material for the majority of nitrogen fertilizers including Ammonia.
How many acres will a tank of anhydrous cover?
Subject: Re: How far does a tank of anhydrous go? At 100# N per acre a 1000 gallon tank will use 2% per acre, so a full dealer tank will do about 40-43 acres depending no how full they fill them Double 1000’s will do about 80 acres. A 1500 will do about 60. Gallons per acre are almost a wash between 32-0-0 and 82-0-0.
How much does 1 gallon of anhydrous ammonia weigh?
approximately 5 pounds per gallon
SIZING ANHYDROUS AMMONIA STORAGE TANKS Anhydrous Ammonia liquid weighs approximately 5 pounds per gallon, at 60°F.
How far can anhydrous ammonia travel?
Temperature/Pressure Relationships Because anhydrous ammonia is stored under high pressure, a sudden rupture can shoot ammonia 10 to 20 feet from the point of release.
How much does anhydrous ammonia cost per ton?
Griffieon said his fertilizer supplier recently quoted a price of $1,200 per ton for anhydrous ammonia, up from $450 in spring 2020. The retailer informed Griffieon that if he booked and took ownership of anhydrous this fall, he could likely get it.
What is anhydrous ammonia?
Anhydrous ammonia is a substantial source of nitrogen fertilizer, and is the feedstock for urea and nitrogen solutions, other major nitrogen fertilizers (see farmdoc daily, February 17, 2021 ). As a result, nitrogen fertilizer prices are highly correlated with anhydrous ammonia prices.
What is the pre-shipment cost of ammonia?
A typical value for fixed cost would be $100-120 per tonne-NH 3. Thus, the pre-shipment cost of ammonia produced in overseas regions where the cost of natural gas is around $3.00 per MMBtu can be estimated at around $200 per tonne-NH 3.
How is the price of ammonia determined?
Pricing is captured through exhaustive primary interviews with domestic and international manufacturers, traders and importers and customers on monthly and yearly basis. Finally, region-specific markets for Ammonia are analyzed and region-wise demand pattern is tracked. Ammonia (NH3) is a colorless gas, possessing a characteristic pungent odor.
