Has anyone heard anything substantive to the possibility that Morocco will withdraw from the global phosphate market until prices appreciate? One local supplier is saying that their access to book new phosphate shipments has been halted until they can figure out Morocco's direction. Another hasn't heard a whiff...
What is spring availability of product looking like? In the areas with late harvest's there likely was a noticeable decline in fall fertilizer laydown. Im guessing that the majority of those fertilizer laydowns would have been anhydrous? If guys didn't get it down in the fall, will they stick with anhydrous ahead of the drill, or switch to dry granular? If so, is that going to put a strain on the logisitics involved with sourcing granular N in the spring?
With a hot trucking market right now in western canada, I doubt that there will be alot of Canadian trucks lining up to take up the slack on the Pocatello phosphate haul. This happened back in, i think it was 2013... The input suppliers were short of phos, and we volunteered 5 super-b's to turn and burn non-stop to pocatello for phos. We'd slip seat drivers and run 24/7 if the price was right. Comparable per mile rate to what we were passing up at the time would have made the run worth ~$100/mT. Suppliers said they would only pay $60, which is what they had paid all year for US trucks like Pol**** and Sanchez to bring it up. We passed, as did MANY others, and so many went without phos. Are the stars aligning for a similar situation again? Companies are rating broker loads at $8/loaded mile right now and getting it no questions asked. When I quit commercial hauling, I was averaging $2.21/running mile... probably 2/3 loaded. You do the math... Guys are not going to pass up $8/mi to go pull out of Idaho for $3/mi!
Prices have been drifting lower, but enough guys are starting to bite I think... Has a floor been set?
What is spring availability of product looking like? In the areas with late harvest's there likely was a noticeable decline in fall fertilizer laydown. Im guessing that the majority of those fertilizer laydowns would have been anhydrous? If guys didn't get it down in the fall, will they stick with anhydrous ahead of the drill, or switch to dry granular? If so, is that going to put a strain on the logisitics involved with sourcing granular N in the spring?
With a hot trucking market right now in western canada, I doubt that there will be alot of Canadian trucks lining up to take up the slack on the Pocatello phosphate haul. This happened back in, i think it was 2013... The input suppliers were short of phos, and we volunteered 5 super-b's to turn and burn non-stop to pocatello for phos. We'd slip seat drivers and run 24/7 if the price was right. Comparable per mile rate to what we were passing up at the time would have made the run worth ~$100/mT. Suppliers said they would only pay $60, which is what they had paid all year for US trucks like Pol**** and Sanchez to bring it up. We passed, as did MANY others, and so many went without phos. Are the stars aligning for a similar situation again? Companies are rating broker loads at $8/loaded mile right now and getting it no questions asked. When I quit commercial hauling, I was averaging $2.21/running mile... probably 2/3 loaded. You do the math... Guys are not going to pass up $8/mi to go pull out of Idaho for $3/mi!
Prices have been drifting lower, but enough guys are starting to bite I think... Has a floor been set?
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