A quick calculation on a scrap of paper reveals that there might not be a much arbitrage in ordering fertilizer from China as you think.
Add up the time it takes to get container to the farm, handled and emptied. Fertilizer stored and blended(on farm).
Then add the fuel and wear and tear cost to that. Add in your wage per hour. Maybe a little danger pay and PITA pay.
Nitrogen component of blended product FOB farm for this year's crop is 525 per tonne.
Paperwork must cost something.
I guess there might still be a few bucks in it.
Add up the time it takes to get container to the farm, handled and emptied. Fertilizer stored and blended(on farm).
Then add the fuel and wear and tear cost to that. Add in your wage per hour. Maybe a little danger pay and PITA pay.
Nitrogen component of blended product FOB farm for this year's crop is 525 per tonne.
Paperwork must cost something.
I guess there might still be a few bucks in it.
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