bought 46 at $1190 , but only half of normal, my arse hurts
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Fertilizer prices today will bankrupt most farms with a hiccup next year. PERIOD!
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Originally posted by Hamloc View PostI read an article this morning that Yara is restarting plants in the Netherlands after routine maintenance but still not restarting other plants in the EU due to natural gas price and availability.
My fertilizer costs are up $45 an acre over last year and I am putting on roughly 10% less than last year. I also don’t put on as much as some on here apparently do. Looks like cost per acre will be up somewhere between $75 and $100 per acre when all inputs taken into account. Certainly an elevated level of risk. Soil tests came back with very little residual
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Going to get a couple prices today. Will post what I find out. If N price is $1200 that will be 2.5x the cost of last year. That makes it about $50+/ac more just for nitrogen. Sure seems like we are losing before we start. No snow here yet.
Also, saw on Twitter a thread about wall to wall oats cause they were $10/bu. Not sure these guys have looked into new crop prices. Around $5.50/bu here for fall. Guys chasing markets and high inputs costs maybe should be careful.
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Originally posted by 4GFarms View PostGoing to get a couple prices today. Will post what I find out. If N price is $1200 that will be 2.5x the cost of last year. That makes it about $50+/ac more just for nitrogen. Sure seems like we are losing before we start. No snow here yet.
Also, saw on Twitter a thread about wall to wall oats cause they were $10/bu. Not sure these guys have looked into new crop prices. Around $5.50/bu here for fall. Guys chasing markets and high inputs costs maybe should be careful.
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Originally posted by Hamloc View PostSoil tests came back with very little residual
Option to go more lentils but that would break rotation and probably result in a yeild hit and another round of fungicide. I guess a second pass of fungicide is better than a $50 an acre increase in fertility costs.
No easy answers out there, and now we have all committed to growing in a higher input environment without the back end being covered. Risky.
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There is a urea futures market at;
UMAc1
From Middle East as lots of production there due to stranded gas but no market so all export.
Might be usefull to keep track of price direction an maybe local basis?
On the chart appears price more than double since end of Sept.
Some other usefull data there.Last edited by shtferbrains; Nov 30, 2021, 11:03.
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Talk is that there is no good moisture as far down as you want to dig.
None in the root zone, a smidge on the surface.
Can't make many plans other than for a below average crop next year
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I read an interesting article this morning talking about how much money India will be spending subsidizing fertilizer for farmers in India. They will be spending a projected $20.64 billion dollars to ensure supplies amid global shortages. From what I could find there is roughly 395 million acres of farmland in India. It works out to a $52 per acre subsidy. So in India fertilizer is subsidized and they pay no carbon tax. In Canada our government wants us to use less fertilizer and is increasing the cost of everything(except dyed fuel) with a carbon tax!
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