Fertilizer

[cottonpicken]

http://fertilizerworks.org/html/market/BasketPrice.pdf

This chart is telling me the correction is near over on the international price.

What impact does this have on us?Not 100% sure,but believe i will have everything booked by the end of the year.

For what its woth.
DYODD

[SASKFARMER3]

I believe its getting close to bottom on World market. If we get 46-0-0 down to 450-400 level Buy Buy Buy.
To the big guys there is my number if you get their I can take all home now and pay cash. No finance no terms just deliver.
Phos take your product and stick it where the sun shines. Going down to 25lbs of actual product.
Sulfur fines will take all when price drop happens, if its piled up at the coast then it should be dropping here.

[Fransisco]

Oil is still dropping. We hit $50 a barrel this morning.

[agstar77]

Apparently the market disagrees. Tse down 750. Do you think Grain prices will hold with a deflationary spiral? I thought we would see inflation, but apparently not for a while. I really can't see any reason for putting in a crop unless 1) You are hedged 2) There is a drastic drop in input costs.

[SASKFARMER3]

Not seeding is starting to be considered. Simply if the world doesnt wants to pay then Starve.

[SASKFARMER3]

This Week's Prices
for the week beginning thursday 20/11/2008

DAP fob Tampa (metric tonne) $552.50
DAP fob Central Florida (short ton) No Market
DAP fob NOLA (short ton) $507.50

Urea (Prill) fob Yuzhnyy (metric tonne) $242.50
Urea (Prill) fob Baltic (metric tonne) $232.50
Urea (prill) fob China bulk/bagged (metric tonne) $275.00
Urea (gran) fob barge NOLA (short ton) $251.25
Urea (gran) fob Middle East (metric tonne) $253.50

Ammonia fob Yuzhnyy (metric tonne) $245.00
Ammonia cfr Tampa (metric tonne) $350.00

Ammonium nitrate fob NOLA (short ton) No Market

UAN (32% N) fob NOLA (short ton) $258.75

molten sulphur cfr Tampa/delivered C.Florida ($/long ton) $150.75
solid sulphur - Adnoc monthly lifting price at Ruwais ($/tonne) No Market

[furrowtickler]

Take a look at the latest western Producer, front page. They name the firm who is behind some big offshore fert purchases. We have used liquid fert for sveral years, but if I could get my hands on cheaper 46-0-0 I will spread it on and use 21-0-0-24 with the seed if I can source that cheaper as well. Keeping my eyes, ears and options open. I will not spend $100/ac to feed a crop in this area but then again I do not want to cut back too much either. Current local fert prices will put the western Canadian farmer at a massive dissadvantage to all other grain producers worldwide. If grain prices continue to slump into '09 the rest of the world will laugh at our "COP", and crush our exports with cheap grains and oilseeds because they will have room to do so. We are already at a disadvantage without subsidies, let alone paying 2-3 times more for crop nutrients.
Take advantage of that artical and lets get behind this or use it to force your local down to that $450/tn range. I will pay 10-15% more to keep local businesses alive but no way will I pay double or more, nor should you.

[SASKFARMER3]

Thats why were looking at the floater. Ill drop anhydrous like a stone if Can get 46-0-0. Ill blend 24 and 11 for starter and blow the rest on ahead of air drill if I can get it for 400 or less.

[timm]

Viterra at 550 urea

[RedRiverMB]

Nov 20/08 Viterra Red River Valley 550/tonne 46-0, pay pickup on spot. I expect further drop

[SASKFARMER3]

Were $150.00 a tonne away from our goal. 3rd week of December will be. Will Viagra or Pioneer give us our Xmas Gift time will tell. Get Finances in order.

[furrowtickler]

The cheapest here in the north west so far is $700.

[redbaron]

$355/Tonne today for 28-0-0. South of Winnipeg. Delivered in yard.