I know this post has been on before but, what's happening with fertilizer prices? Got a call yesterday to lock in my NH3 as it will be going up. WTF oil is down, natural gas is down but fert goes up. Bums to the wall!!
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I spoke for mine in Dec it's gone up 100$ per ton since. It's an expensive gamble to wait. Was told it will probably go up another $100. Remember inputs are based on the US dollar.
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Spring of 2009 was the only year we did not prebuy ,because $1200/ton fertilizer didn't pencil out very well. My suggestion is do what you feel is right because nobody actually knows how these cartels work. They know that x number of tons have to be bought regardless so they can charge whatever they want do to no competition in the industry. Better start buying containers full from China then you might see a price drop. Till then your just going to have to pay.
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You can buy premium 46-0-0 straight from China in 40ton containers. $300/ton US dollars. By the time you ship it middle of nowhere SK it is probably double. If the Chinese don't take your money and run.
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