# US Nola urea markets steeply backwardated as market players follow divergent paths

> US Gulf (NOLA) urea barge trading showed steep backwardation this week, with distributors buying imported urea below $234/short ton fob and bids rising to $238-240 for early-March barges. Logistical problems from high river water and weak international urea sentiment weighed on importers, while domestic producers were not actively selling March barges.

- Date: 2019-03-08 · published 2019-03-08T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/60404-us-nola-urea-markets-steeply-backwardated-as-market-players-follow-divergent
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Tight near-term barge availability and inland logistics constraints keep prompt NOLA urea firm even as import sentiment is weak, which supports nitrogen costs for feed-grain producers in the near term.

## Read by commodity

- UREA: bullish ▲
- BARGE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2026-10-28 | [Urea Shipments Stall at Hormuz as Gulf Backlog Nears 1M Tonnes](https://feedsoft.ai/events/1476-urea-shipments-stall-at-hormuz-as-gulf-backlog-nears-1m-tonnes.md) | -1.3% | — |
| UREA | 2022-09-21 | [Limited AN supply sees further move to urea - Farmers Weekly](https://feedsoft.ai/events/39895-limited-an-supply-sees-further-move-to-urea-farmers-weekly.md) | -0.4% | -7.5% |
| UREA | 2023-12-11 | [Urea CFR Price Lifted by Buoyant Freight Rates \| CZ app](https://feedsoft.ai/events/32636-urea-cfr-price-lifted-by-buoyant-freight-rates-cz-app.md) | -3.1% | -2.4% |
| UREA | 2026-03-04 | [Closure of the Strait of Hormuz causes urea, diesel prices to spike as planting season begins in Arkansas](https://feedsoft.ai/events/4429-closure-of-the-strait-of-hormuz-causes-urea-diesel-prices-to-spike-as-planting.md) | -0.8% | +7.9% |
| UREA | 2021-09-20 | [Market Morsel: Fert Pricing Pain - AIRR](https://feedsoft.ai/events/45371-market-morsel-fert-pricing-pain-airr.md) | +3.8% | +40.5% |

## Sources

- profercy.com: https://www.profercy.com/insights/us-nola-urea-markets-steeply-backwardated-as-market-players-follow-divergent-paths

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.