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Urea Continues to Surge

05 Mar Press Release

Peterborough, NH – February 29, 2012

NOLA granular urea barge prices continued to surge early this week, with prices reported to have easily topped the $500/st FOB mark. They were reported to have quickly moved as high as $520/st FOB and beyond, according to market sources. Many buyers had put off buying and now the prospect for an early spring and big corn acreage have them seeking product, according to sources.

For more information, see the Green Markets Web-Edition March 2.