Fertizer prices???

[Jagfarms]

What is the fertilzer prices going to do between now and spring?
Some dealers are saying they will be $200 /tonne higher by spring.

[Jagfarms]

I spelled fertilizer wrong twice. Fingers to big and screen too small on blackberry.

[cottonpicken]

Much higher

[furrowtickler]

Why??? Heard the same shit two years ago.

[Hopperbin]

Since FNA has no program for fertilizer and soon it will be too late they will try to stick it to us for sure. Strange that fertilizer has not come down, N anyways, Anhydrous is same now as in spring pre buy. Then again look at the fact how much fertilizer do we need on our summerfallow??? Or my 15 bushel canola crap, I mean crop. The 85 lbs of N did no better than if I put on 50 I think. Could some of this fertilizer still be there? Then again as Cotton thinks if grain prices have sky rocketed so will our fertilizer because we will pay for it.

[ajl]

Another thread on Newagtalk suggested that boats of offshore fertilizer are starting to stack up in the gulf. I think the domestic producers are trying to talk up the market while they still can.

[furrowtickler]

Much like "they" told guys the canola market was going to crash. Your right ajl.

[RedRiverMB]

A Federal Judge closed the Mosaic Phos mine in
Florida on Aug 21 due to Environmental groups. That
started the jump on some prices. Remember to thank
these clowns at Sierra next time you get a chance.

[hobbyfrmr]

Just a question. If I have last years inputs on credit, this years crop would pay for them. Now, the industry is working on (with) producers to lock in next springs prices. Do you just lock the price, or do you have to make a downpayment and take some delivery. It seems to me the new pattern is a person has to be spending 8 months ahead in order to get what you want. Is there really that much cash/credit available on farms? Not trying to get personal here, but how does a producer arrange the money? I am not too smart, I know a person is being proactive, but, it seems like I would be a year and a half behind.

[ado089]

Well hobbyfarmer. Most people on here are third generation farmers well into their farming career. Most have their land paid for and only jump in to the realestate market enough to drive the prices up. Most machinery is 50% financed at the most and most have had 2 out of the last 5 years return record profits. When you combine this with the fact that farmers refuse to pay taxes you end up with these guys buying sometimes two years of inputs upfront. This is a good place to be and with any luck us smaller/newbies will get there in 15-20 years too. In the mean time go kiss your bankers ass for financing and take it up yours buying inputs in the spring. One has to wonder though what these input companies are putting your money to work on to put such a high time-value for your money on to offer such discounts in the summer/fall?

[hobbyfrmr]

ado, ok, that is a good scenario and something to work towards. The input industry makes offers now, collects the money, then they can control the supply better. I always think of Invigor canola seed. If you "buy" it in November, then they have all winter to get it treated and in place by spring. Then they do a little extra in the spring and price higher. More efficient planning on prepaid!

[ado089]

It's their way of ensuring the only risk in the system lies in production. It's how they make sure there is not quite enough supply so they can keep the prices up and extract every last penny from the market...It's manipulation. Why should we be the only link in the chain working with wild cards?