46-0-0 Price Update

[Flatlander]

$365 delivery now pay nov.1. $375 take sept.1 pay nov.1 this is what I was offered yesterday. Also was told maybe don't jump all over it yet. Someone was big time long at the plant and has to find a home, now others are stepping in and competing to not lose traditional customers.

[Flatlander]

Taking a small portion and will add as events unfold

[Partners]

Hoping all the bins will be full at harvest time..So not going to take home..Maybe pay a few extra $$$ to have it stored at the dealer..

[greybeard]

Last year this time urea basket price $329USD/ton
July 2 now $175USD/ton
Chart shows steady decline.
It's all commodities.
You are looking for a good basis.

[jake550]

$355 is take by end of June.
East Saskatchewan. More than one place.
Fairly large volume but I doubt that matters.

[Guest]

has everyone lost their f$&king mind ?? you need more risk on your farm ?. let them store their own fertilizer over production. they overproduced now they can deal with it. maybe they can buy a f$&king grain bagger like us to store it. same fertilizer we were buying last fall for this spring with a 50% premium . f$&k the greedy bastards, it's not our problem this time

[bucket]

The government is boohooing about potash prices.....funny they are still double or more than what the government is saying.

[Guest]

that's for every other country in the world . we have to pay more cause it's made here

[vvalk]

This site is becoming worse then coffee shop row. No one is screwing anyone. Fertilizer plants are full and if they want to make more then they need to love product. They are offering you a choice to buy now at this price or not. Up to you. Give the conspiracy theories a rest. The dealers are just passing on the info. If you want to argue there isn't enough competition then fine I would disagree but that is completely different.

[vvalk]

Meant wouldn't disagree

[Jay-mo]

Vwalk, I tend to agree with you, but you can't blame guys for being suspicious when the last guy parks the drill and urea drops from $550 to $350 a tonne.

[farming101]

What value should I put on taking delivery now, remembering this is going to cut into my valuable time, tie up bins we usually use at harvest and offload all storage risk on us?
Would 100 bucks a tonne be about right?