So are we building it?

[Hopperbin]

As global demand for nitrogen fertilizer has increased, the U.S. has become one of the world's largest importers of this important commodity. This has resulted in America's farmers and food supply becoming more dependent on foreign sources of essential fertilizer products. According to data from the Economic Research Service of the United States Department of Agriculture (USDA), 54 percent of the U.S. nitrogen supply – or approximately 10.79 million tons – was imported in 2011.

Read more here: http://www.heraldonline.com/2012/09/26/4294103/air-permit-filed-for-billion-dollar.html#storylink=cpy

[countryguy]

Not at cost Walk. I said WHOLESALE. The same price that they would sell to other retailers. If they sold for less that's when they would get squished like a bug.

[westsider]

There are some very good thoughts and points on this thread, especially the comment on research into product use efficiency. However, if i was a big fert company i would pay big $ to keep a lid on any great idea that came along that could cause demand for my product to go down.

If you are like me you are thinking everyday about your net return and part of that equation is cost. however, some ideas get eliminated right away - this is one of them.

I hope FNA succeeds. i hope i can buy cheap fertilzer from them, and support you and all that invested in this. I hope that FNA sells fertilizer for cost just like they do their glyph ...oh wait...

Country guy, if you are real serious about getting a return on the fert that you buy to grow your business, go invest in one of the publicly traded large companies already in the game! Think about it!

[dave4441]

Wholesale cost? Ag retailers make 10-20 dollars per MT. Unless they take a position on the fert as it is rises, that is about all the margin we are talking about (which can also add it up to massive losses as we seen a couple years ago). What is the per MT cost to service the debt on a 1 billion dollar plant.

[LWeber]

http://www.marketwire.com/press-release/viterra-achieves-strong-third-quarter-results-tsx-vt-1698105.htm


Viterra is increasing its fertilizer margin guidance to $140 to $160 per tonne for fiscal 2012 from its previous guidance range of $120 to $140 per tonne.

[HappyFarmer]

Maybe taking the right position viterra can make
that but Dave is right, normally 10 to 20 bucks is
all retailer makes. Something sounds fishy to
about those number from viterra but whatever.