Urea and Phos prices

[jamesb]

Can you explain the significance of the Urea to new crop grain ratio?

https://twitter.com/JLinvilleFert/status/1624094485234720768/photo/1

As i understand it its very good historically if one sold the new crop and locked in the urea.

[wheatking16]

https://twitter.com/JLinvilleFert/status/1624094485234720768/photo/1

As i understand it its very good historically if one sold the new crop and locked in the urea.

Thanks for the reply.

[jdg364]

825 for 46-0-0 picked up in spring.

[makar]

825 for 46-0-0 picked up in spring.

900 plus here.

[Guest]

930 in the swamp

[dave4441]

930 in the swamp

How is that possible when you can pick it up in the south for $200/MT cheaper?

[makar]

How is that possible when you can pick it up in the south for $200/MT cheaper?

Freight out of New Orleans scam.

[dave4441]

Freight out of New Orleans scam.

What I mean is you can buy Urea for CAD $725 in South Sask. How can it possibly be $940 in a different part of Sask.

[seldomseen]

One independent up here fill his bins last fall with high priced Urea and expects his customers to help him out on his deal.
The independent is 930
Local grain company 850 which is is high.

[Guest]

What I mean is you can buy Urea for CAD $725 in South Sask. How can it possibly be $940 in a different part of Sask.

Life is hard in the swamp
I feel for the retailers who brought high price stuff because like they say
Cant get it all in the last two weeks
These *** fert CO’s have no respect for their retailers ??
But …. In 2008/2009 no one offered to help us out with our high price purchases from fall before
We just licked our nuts and used it
Some didn’t

[foragefarmer]

Got hosed filling the bins this past fall.

A guy should look at locking in some production because commodities might get a reversion to mean shock too.

You support Putin's invasion, Karma at it's finest.

[AlbertaFarmer5]

I feel for the retailers who brought high price stuff because like they say
Cant get it all in the last two weeks

Exactly. Will it matter what the wholesale price is in May, if the demand exceeds the logistical capacity of the system?

I wouldn't want to be in a retailers shoes. Can't sell (to the last minute purchasers) what you don't have in stock, But if you have it in stock, it will be at prices that no one will want to buy. Damned if they do and damned if they don't.

[dave4441]

Exactly. Will it matter what the wholesale price is in May, if the demand exceeds the logistical capacity of the system?

I wouldn't want to be in a retailers shoes. Can't sell (to the last minute purchasers) what you don't have in stock, But if you have it in stock, it will be at prices that no one will want to buy. Damned if they do and damned if they don't.

This is the identical issue to every grain trader. Or fuel station. Or lumber yard. This is not unique to fert.

[jamesb]

Ended up locking in some at $715 for 46 direct to farm. A rumor of somebody in Manitoba selling under $700 supposedly. It was evident that the direct to farm bids were better than the picked up unless it was at on of the ADM plants.

[bucket]

from Gensource website.

I can't see the major potash producers being much higher.

So it begs the question, how is Canadian produced potash priced so high, other than because they can.