When is best time to buy fertilizer before year end?

[bucket]

Did you ask him about the sales pitch a few years ago when the price of 46 fertilizer was following the price of Natural gas?

Natural gas is basically being given away and the is the main ingredient for 46, so now its going to follow the price of canola. No wonder people ask for governments to step in when companies are so ****ing arrogant.

These guys are ****ing liars, plain and simple and the fact you bought their line of bullshit is really too bad.

I always wondered when I came home to farm why farmers were treated like ****ing welfare retards and its beginning to make sense. They listen to snake oil salesman from large companies telling bullshit stories.

[bucket]

To be clear.

When company officials say that prices for fertilizer are going to track canola, That means they are gouging.

If they said it would follow the price of natural gas and transportation and a reasonable profit margin and were to charge a price of 400 per tonne, I couls give them a lttle respect.

Anything else is gouging.

World prices for 46 puts it at 350 - 400 tonne. I don't know why, when we have plants in Canada close to home, its expected that we pay 600. And all the raw material, read natural gas.

[HappyFarmer]

Bucket
Would you sell your canola to someone for 10 bucks a bushel if you knew you could get 14 for it???? It's no different with fertilizer company.
Business is business if you ask me. I don't disagree with you that they are gougeing us and i don't like paying more that i should, but there is nothing i can do about it. You can't grow a crop without fertilizer. I didn't buy my fert @ 900 in 2008 so every year have been right buying it now.
This is framing is guess.

[bucket]

I did sell some at 12 bucks given how much was being seeded.

But I can't control the price based on my production costs.

The problem with fertilizer/input supplies is that they know their production costs, and their production and can charge whatever they want. And then they use very stupid reasoning to justify it. It insults my intelligence. ( although very little due to my limited intelligence, but that's another story).

I have no problem with fertilizer companies making profits but gouging is stealing. Better profits makes more efficient plants, that in turn, should bring down the price. That is not happening and yet the world expects it from farmers.

As stated before, natural gas is worthless right now and 46 produced in Canada at Belle Plaine is over priced. If a couple of boats came in from overseas the price would come down. And yes, I understand the issues with the mississippi.

[golden1]

@bucket.......You are right about
gouging. Exactly the way i felt.They are
pricing it that way because THEY KNOW
THEY CAN.They know what we will pay.And
yes, get a couple offshore boatloads in
and things would change.

[bucket]

AS I re-read my posts, I must apologize for my rudeness. I don't need to use language like that but do these companies really believe million dollar farms must be full of retards with the excuses for their product price that they come up with.

IMHO I wish they would get caught with massive amounts of high priced inventory and the then world wide excuse to lower prices came along like in the grain markets. Then make these company officials explain it to shareholders.

[bucket]

I also wonder why FNA is pursuing a billion dollar fertilizer plant inside of concentrating on a couple quick shipments from overseas to lower prices. Worked before.

Yara is twinning the plant at Belle Plaine, they know the margins are pretty good with cheap natural gas to do so.

Why I preach about this is that if Nat gas goes up then ferilizer does as well and then we get a double increase for no good reason.

The price of canola has nothing to do with the production costs of 46-0-0.

If anyone thinks it does well, you need help.

Its called gouging.

[fjlip]

Many more buyers than sellers...so we get screwed.
"What the market will bear"
We are price takers. Too many sellers.
Primary production adds no value to final product?
But with out raw product, it's an empty food container. Still don't get it?

[countryguy]

Using half the fert = producing half a crop = doubling of crop prices with alot less risk. A win win situation don't you think?

[ColevilleH2S]

If y'all think fertilizer is too
expensive, don't buy it. You have plenty
of other options. Legumes, grass,
organic. But if all you are going to do
is bitch about it, and then turn around
and buy it anyways, you are part of the
problem. Whining does not a market
signal send.

[Hopperbin]

Countryguy I am pretty sure if you produced half a crop that the price of grain will stay the same

[farmaholic]

Bucket: What do you base the timing of your fert purchase on. Price, cashflow, close to the time you actually need it?

I do agree that we don't get fairly compensated for storing fert over winter. Storage risk and capital investment for bins, etc. The industry has us committing earlier and earlier all the time because of threats of price increases or supply issues, for fert and seed. I do look forward to the time I can tell them to F@(K off and kiss my @$$. I too apologize.