Prices have gone insane in the last week. Retailer said over 1300 for Phos
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Im thinking the fertilizer industry will have to do something to start moving product. Retailers are not filling up because they don’t want to get shafted with overpriced inventory and farmers will not buy at these prices. The dry conditions may kick the fertilizer industry in the ass if we don’t get any significant rain or snow by Christmas. How much fertilizer will you be putting in the ground if its bone dry at seeding.
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Originally posted by wiseguyanyone that filled the bins at 650 should sell it for 1000 + + !
350 a tonne profit and you dont need the Sun or the Rain !
Just kick back with a big Cigar !
We call it riding the gravy train"
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Originally posted by jazz View PostHamloc freaked me out so I ordered 2/3rds of what we need. Delivery jan or feb which sucks.
If supply is still an issue or prices have skyrocketed in the spring, we have enough to grow a decent crop.
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Im wondering if Urea will top out around $1150 over the next month then come crashing down once the fear subsides. I think at these numbers guys in the drought areas who havent booked play the waiting game and see if it rains and take their chances on top dressing.
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Originally posted by BreadWinner View PostIm thinking the fertilizer industry will have to do something to start moving product. Retailers are not filling up because they don’t want to get shafted with overpriced inventory and farmers will not buy at these prices. The dry conditions may kick the fertilizer industry in the ass if we don’t get any significant rain or snow by Christmas. How much fertilizer will you be putting in the ground if its bone dry at seeding.
just did post-harvest report for insurance...
sub 6 yellow mustard, 7 cwad, 9 yellow peas on about 5" of in season moisture. Soil moisture reserve next to empty.
Let's say we get "average" in season moisture next year, and it comes at the perfect time, what does one stand to grow? double this year? I'm not going to need much fertilizer to get to 10bu mustard, 15 durum, and 18 peas.
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