This just in gas at 806 phos at 500 plus and climbing.
This will have a great impact on Canadian farmers probably more than the whole CWB debate. Most have not prebought due to cheap price of Natural Gas and a abundant supply. Yes corn acres are going up but most Americans use dry so anhydrous will go up by at a much lower price.
Three top US universities have done budgets for their farmers for 07 and Gas is quoted in all three at prices similar to less than last year, latest report 10 of February.
Now today I find out that our Canadian companies are shipping huge amounts down to the us (cheaper price by 10-15 cents a lb) Shorting the Canadian system thus causing prices to go through the roof in Canada. Why is this happening? Take is it because last time gas went through the roof the Fert companies were facing huge questions and inquiries by the US government and their scared so have cheaper price to them. Or is it volume sell cheaper because the whole USA will take a lot of gas compared to Canada so make up the difference on the Canadian backs.
It just looks fishy.
Look at an extra 10.00 per acre cost to average farm in canada.
This will have a great impact on Canadian farmers probably more than the whole CWB debate. Most have not prebought due to cheap price of Natural Gas and a abundant supply. Yes corn acres are going up but most Americans use dry so anhydrous will go up by at a much lower price.
Three top US universities have done budgets for their farmers for 07 and Gas is quoted in all three at prices similar to less than last year, latest report 10 of February.
Now today I find out that our Canadian companies are shipping huge amounts down to the us (cheaper price by 10-15 cents a lb) Shorting the Canadian system thus causing prices to go through the roof in Canada. Why is this happening? Take is it because last time gas went through the roof the Fert companies were facing huge questions and inquiries by the US government and their scared so have cheaper price to them. Or is it volume sell cheaper because the whole USA will take a lot of gas compared to Canada so make up the difference on the Canadian backs.
It just looks fishy.
Look at an extra 10.00 per acre cost to average farm in canada.