Most oil producers are price takers as well as farmers. AB sludge was selling for $30 Us a couple of weeks ago because it was hard to get rid off due to Keystone pipeline outage. Most do hedge on futures markets a fair bit which is easier to do when weather is not a total wildcard. They can be affected by weather too.
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Originally posted by farming101 View PostCorrect...But precious little can be done about the price of peas in Russia.
Buy otherwise... Yeah.
Once the silk road is complete we are done. Russia to China for $11 in freight.
They get $8 we get $5 because of freight differences.
Not to mention a higher yielding higher producing climate and geography.
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Klause
Yuuup!!!!!! You hit the nail right on the head.....
Russia has the crow rate to create wealth while Canada redistributes it....thru graincos and railways....
Tearing up infrastructure that those countries would love to have and they will while we have leaders with their head up their ass. ...
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We will likely see more trade protectionism in the near future. Hopefully after the next election in Canada.
Maybe even more reverse vertical integration with end users which would be nice to see.
Just the landscape we have now.
Back to the main topic, not at the show but heard from a few buddies it's pretty good this year. Even with the negativity. Not much for prices though.
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Originally posted by farmaholic View PostAny good prices to report on old crop prices or new crop contracts?
What's the "mood" at the show?
Unfortunately too many booths selling liquid snake oil that you can magically dump into your sprayer tank for a 3:1 ROI. 🙈
Last edited by Oliver88; Jan 10, 2018, 21:53.
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Originally posted by Oliver88 View PostUnfortunately too many booths selling liquid snake oil that you can magically dump into your sprayer tank for a 3:1 ROI. 🙈
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And why not, it's obvious farmers have more money then they know what to do with - contrary to the whiners on Agriville, so may as well give it to these jokesters.
Two words - critical thinking. Give it a try sometime.
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Originally posted by tweety View PostBecause the number of vendors is directly proportional to just how naive and puppy dog trusting farmers are of what they say and are actually buying it. For sure, keep adding that LI700. That pretty orange is what matters......
And why not, it's obvious farmers have more money then they know what to do with - contrary to the whiners on Agriville, so may as well give it to these jokesters.
Two words - critical thinking. Give it a try sometime.
Care to estimate on the margin on sales for these 3:1 magic additives?!
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