Forage, please post the phone number where I can call. I'm covered for now but there's always next year. I paid $510 for the urea we put in our bins last week. I use straight urea in the midrows so direct drop loads to my farm are possible(doesn't matter to me where it comes from).
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I'm with BTO, compared to our commodity prices, I think fert prices are nuts. Last year I paid $470 for the N. $40 a tonne higher this year with lower grain prices. Hmmmm????
I use S15 for a P source. I think I want to change back to straight P as the source. Just wanted to add a bit of sulphate and elemental sulphur to all the crops......S 15 used as a starter in the seed row.
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farmaholic
Screw up on my part.
Checked my prices after my last post, ($495.00 picked up) was what I paid three weeks ago.
I should have looked at prices before yapping.
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I have been checking as well and most have a "computer price " of well over $500, if I would pull the trigger on some direct loads its under $500. I think this is another 2008 where
1. retailers are loading out blends of fairly high prices stuff and don't want to undercut those farmers that priced earlier.
2. They are all sitting on high priced inventory
3. Manufacturer is still pushing the line that pricing will go higher to the retailer
Can $2.50-$3.00 corn in the US support higher fert prices? I don't think so. Either the farmer or the manufacturer will have to blink first.
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Corn prices in most of the US are between 3.50 and 4 so there will not be significant drops in US corn acres because what else are they going to do. The worthless CDn $ will keep the market supported at the $500 level because fertilizer is cheaper in US funds but higher in CDN.
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Read on Agtalk... or run south... lots of US guys are talking wheat in the north (loose less money than corn) and wall to wall beans in the south.... don't need much fert for beans.
Gotta remember very little fall prep work got done so way more to do in the spring... late planting = more beans.
If you check out the Farm Futures report fert is dropping S. Of the border. .. However as others have said the $ CAD is buffering it.
Btw 490 a tonne is for a 42 tonne batch load. No blending.
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