Knowing your cost of production is a good place to start, but once all the monies spent it really doesn't matter because in a sense there is very little you can do after the fact if Mother Nature doesn't co-operate. Sometimes you just know you're at a loss, peas on our farm would be a good example this year.
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Here we go again with Bull shit! Fertilizer going up friday BUY BUY BUY!
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It goes from COP control to COP recovery and how much control do you have over that???? Sometimes you're the pigeon and sometimes you're the statue.....
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28-0-0 currently at 310 ish , they say going to $330. We don't care, someone will sell it to us at around $300 at the end of Oct when we buy. Some guys hit the button early - we don't, get harvest off then shop, for canola and fert. Always get the same deal as Aug/Sept.
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