So how many agriviller's would go in on this one?

[bgmb]

if they wont give you the cash up front tell them you want it in your lawyers trust account to be released when the urea lands in thunderbay.

[Klause]

Fall of 2013 a guy could pre-book 280 a tonne 2800 locally.

Fall of 14 we booked it at 320.

40 bucks a tonne more yet grain prices lower.

The thing Canadian companies are counting on is that we will simply continue to play dead. Every year fall is the cheapest time to buy... and every year fall is a little more than the year before.


Did you know a tonne of 11-52 is $422 bucks? Why is it 800 here.

cheapest it ever got this fall was 715... Does that sound "cheap"?

Fall of 2013 we locked in 11 dollar canola for fall 2014 delivery and 7 dollar wheat for fall of 2014.


This year... you may get 10 and 6 for fall 15.


If we'd actually have balls for a change and say we will do all the extra work for a mere 20 dollars, things would be very different.


The other thing to note... not everyone has enough cash laying around to buy fertilizer in fall with cash. Thus... what happens when eventually interest rates go up? You want to pay 9% interest or better on inputs through the winter?


As someone mentioned last year in July it was almost impossible to get product... We were trying to source liquid for top dressing, and to fill a tank but couldn't find enough to fill the tank.

[foragefarmer]

Klaus

Bank of Canada has just dropped rate to .75% and expected to drop it to .50%. Not saying interest rates will never go up again but 9%!!!!

You mention about each fall the price increases from the previous year. This is not the case with respect to a 10 year time period like I had mentioned.

Like I said, for the risk and uncertainly your plying with to save maybe $20.00 on urea makes no sense other than you trying to play catch up.

[Klause]

10 years ago Urea was under 400 a tonne whole-year average...

How are we playing catch up?

We have liquid booked... Our spring seeding needs are covered.

We need product to top dress with. that's 60% of our N use per year... Either urea & melt it or float it, or liquid and dribble it.

28,00 is on allocation locally. Has been since November pretty much.

If you'd rather keep paying more and more every year go right ahead.