Closing down All Production For 2009

[GreenValley]

Don't think production would shut down would work and chain economy would falling in. How about for starting 25% cutting back for fert than recommended for few years? Anyone taker. On other hand if we cut the other may increase, we knock our head. From here how do we start. Quota? Land Idle same as in US?
I have read my grandpa invoice of grain income in way back oldtimer. Wheat somewhat at 2 to 3 dollar per bus and barley is close around 2.00 per bushel. And combine MF $6250.00 pretty cheap. So that price today need to be bring adjust to inflation level. So I am not sure what percent inflation of today from oldtimer. So my guess wheat should be better off 10.00/bus and for barley would be better off 8.00-10.00/bus. Other wise fert is joke or we are joke?

[SASKFARMER3]

Here is one for the record books two guys in our area cut fert usage by 100% and 25% and guess what mother nature equals us all out in the end. If its to dry all same, to wet same, frost same, heat blast same etc etc etc. But the one in ten that its a perfect summer like the last one. (yes I was calling it a average I know) you win big.

[GreenValley]

SF3, you make point. Either drought or too wet would flush fert dollar down drain and those 100% without fert make grin.
I has 6 times hail damaged on canola at cotoyten stage crop but they survive come back surprised. Any one taker. Ask Stephen Harper for bailout money due fert too high.

[classicalliberal]

Yes, if you reduced the supply this year, that would increase the price. That is what OPEC does, that is what the fertilizer companies are trying to do. Actually they have to shut down because no one is buying their product and they are out of space to put it. I'm not sure if the price elasticity of supply is elastic enough so that reducing the supply by 10% will increase the price by 10%. Probably would because the speculators usually run things up and down more than they fundamentally would be.