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Now The Organized Takedown of Global Fertilizer Supply?

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    #21
    Originally posted by wiseguy
    Heard one retailer out here broke the monopoly and is selling for less than retail !
    This morning from RRN North US prices:

    “New Highs
    Published November 10, 2021
    Anhydrous ammonia, 28 percent and 32 percent UAN and urea prices are at all record high. According to DTN’s weekly survey of ag retailers, anhydrous averaged $1,113 per ton this past week. That’s up nearly 40 percent from one week ago. Anhydrous is now 163 percent more expensive than one year ago. The average price of UAN28 is up 36 percent from last month. UAN32 is 32 percent more expensive. Urea is up 26 percent. Potash prices are 11 percent higher than last month.

    Fertilizer Prices Could Be Worse
    Published November 12, 2021
    Fertilizer prices continue to move higher. Supplies are tight and demand remains strong. According to StoneX Group Director of Fertilizer Josh Linville, activities around the globe are impacting nitrogen prices. “China, one of the world’s major producers, effectively banned exports, the European natural gas remains high so we’ve lost production in Europe and we’re seeing export caps placed on nitrogen from Russia and Egypt.” While the world supplies are tight, there are no signs of demand destruction. Anhydrous prices increased 40 percent in one week and are up 163 percent from one year ago. Linville says prices can still go higher. “I know people are going to say I’m full of it, but urea prices are still very cheap,” said Linville. “When you look at the price of anhydrous compared to urea and the price of UAN on the price per pound of nitrogen, anhydrous is actually cheaper in comparison to what it normally is this time of the year. There’s a lot of pain, but unfortunately, I believe it could be worse.” In an interview with the Red River Farm Network, Linville said not to let emotions result in bad decisions.”
    Last edited by TOM4CWB; Nov 15, 2021, 10:23.

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      #22
      Potash prices going up when there is 1800 years of product in the ground and they shut down their plants is a mystery to me.

      This is collusion and gouging.

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        #23
        Originally posted by bucket View Post
        Good points but I think china and Russia are trying to teach the spoiled trust fund kid a lesson that will be ignored because he is

        A. Stupid
        B. Never worked a day in his life
        C. Is set for life
        D. Panders to stupid causes
        E. Doesn't give two shits about western Canada.
        "doesn't give a shit about canada"
        there, fixed #5 for you!

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          #24
          Originally posted by jwab
          Everything is happening way too conveniently, this is bigger than any one country or business.

          Countries and businesses are OWNED.
          The forest through the trees.
          Last edited by biglentil; Nov 15, 2021, 20:37.

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            #25
            We’re F U C K E D !

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              #26
              Originally posted by SASKFARMER View Post
              We’re F U C K E D !
              Farmers are the most reailiant group in society. Therefore far from %$#^#, but instead on the front line of a massive manufactured shit storm.
              Last edited by biglentil; Nov 15, 2021, 20:47.

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