I could have had 46-0-0 at 390 this fall if i paid cash and took delivery. Since i can not sell grain i have no money and my bins are full. Are the companies squeezing us both ways?
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Let the fleecing begin!
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Same situation here, couldnt move enough grain to pay important bills and credit charges would (probably) negate any savings on prebooked fert so I looked at nat gas prices and said no way, it will be cheaper in the spring. Looks like I will be wrong (again).
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it looks like we farmers are going to have disipline ourselves to prebuy at least a portion of our N (46 -0-0)from offshore. to keep a lid on prices
the fert industrys (delibrate) timming on price increases makes it tight to get alternate supply from the middle east here in time.
i too am thinking about moveing away from NH3 to 46-0-0 . the thought of not being able to lock in a fert price is scary.
at least with fert. we have the middle east option for competition.
no such luck in the herbicide market , with no offshore competition allowed , even with patents expired.
their gonna squeeze another 7-10% out of us.
hopefully they will get really greedy and the farmers will revolt.
then get some laws changed to put an end to their ( supply management , monopoly , cartel)
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