FNA Announces Limited Partnership Moving On Fertilizer Plant.

[dave4441]

And of course you battled to keep OUI open, cause you had locked up the US supply so you were the only company that could use OUI at that point. Sorry, but gotta call a spade a spade on this one as i was also involved in this process.

[GlennCaleval]

I wasn't going to respond as this thread has gone rather off-topic, but the saying is you can have your own opinion, but not your own facts. Or as my dad used to say, "horse puckey's still horse puckey, no matter how loudly you call it cake."

So your version of reality is that FNA, at the time quite small, little FNA, somehow managed to "Lock supply up in USA and drive prices up."

So FNA locked up all the glyphosate from Monsanto and Syngenta and all the many U.S. generic companies?

FNA exerted so much market power in the U.S. that the glyphosate supply was "locked up."

Or do you mean that FNA organized its Members so that a single, mid-range U.S. manufacturer agreed to let its specific brand be used by FNA's supplier for the costly scientific laboratory testing and regulatory review required by law under the OUI? So FNA Members' dues went to pay for the equivalency testing and PMRA work to get the product approved. Because FNA Members paid for that process, the supplier agreed to sell his product to FNA Members in Canada. Is that what you mean? That you were hard done by because a group of farmers worked together to get a competitively priced product into the country? Tell me who stopped you from doing your own lab work and regualtory approval procedures, getting your equivalency certifications and bringing in your own glyphosate; tell me who stopped you and I'll help you go after them. Shame on them for preventing you from making that kind of investment and achieving something good for yourself. Oh, you mean you don't want to have to invest anything to achieve the gains? I see. It's coat tail riding, all the way, is it? Well the fact that the efforts of FNA Members resulted in glyphosate of all brands dropping in price by more than 70% is a long coat tail ride that I think should be met with approval, and provide a motive to join.

Because you get it that FNA never sold a drop of glyphosate, right? FNA is not a retailer and does not sell product. It sources, negotiates and organizes.

And it's not "my company." Like I said, I have worked with them in the past and hope to do so in the future. They've created the only model that is proven to create permanent structural improvements in farm profitability. Those farmers who become partners in the fertilizer plant will have a big advantage over others. Are you then going to complain that you should get the benefits of their investment too?

[dave4441]

Once FNA achieved equivalency it was available to the public. That was the deal with the program. By locking down all supply in USA FNA closed the loophole on the program. FNA margins for at least one year were a dollar per L. The idea that FNA sold at cost to the FNA members is complete horseshit. You comment that FNA is not a retailer. This is my exact problem. They are a retailer that pretends to be a broker for a membership fee. It is simply not correct. Add in a feel good board of directors to make it look transparent and you still have a retailer, plain and simple.

Sorry, thought you still working with them. I will not invest in this fert plant cause i just dont trust the principles. Weather it is a lentil trading program or a port terminal or a fertilizer plant. Same deal over and over.