Viagra Increasing prices on Friday!

[SASKFARMER3]

Well Dave the World Fert price is in a tail spin, and like grain I eat the loss but in the Fert industry the big guys screwed their dealers with the hopes these guys would screw you. But guess what its not happening like they planned oh my god did all the complaining help us out.
The world farmers are sick of the BS that these guys told us now as its imploding on WORLD WIDE SCENE we should be able to lock in a reasonable profit.
DO YOU NOT THINK SO?

Thats it in a nutshell they went out to lunch on prices with one thing in mind to screw farmers world wide and build on the hype that grain prices are going to the moon. Now their caught with their pants down.

Also with the Internet we can react to whats happening all over the world if it was 10 years ago you and me and all of world would just pay the going rate.

Like the CWB the hide behind a mask and baffle them with BS approach is not going to fly today.

[dave4441]

But it was the global market price??

Did you sell Canola at $14 or $16/bu?

Yes or no?

Do you think your customers believe you were just trying to screw them?? Does Cargill think you are the enemy after you sold them product at that price? Does their oil buyer's beleive you screwed them last winter? I bet they have better things to do with their time.

[SASKFARMER3]

Dave I got between your 16 and 14 on all canola in 08, It was good but now that prices are in the tank should inputs stay at historically high prices that is my question.
According to you they should stay their.
Aw isn't it nice to have no Idea whats going on out their.
Yes grain dropped but guess what fertilizer is tanking every day in every corner of the world yet you believe we should pay more.
HM Hm HM.
They baffle you with BS and like a sponge you absorb it.

[classicalliberal]

Urea is $475 where I am today and phos is $750. this is down from over $900 on urea and $1300 on phosphate. Seems to me that the fertilizer prices have come down about the same percentage as grain give or take a few percentage point.s

[classicalliberal]

If demand for fertilizer causes the prices to stay high, then that is the market. Obviously it is not because the market has come down a lot and the grain prices won't support high fertilizer prices. It all goes back to risk management. What is the riskiest?

1. Purchase crop inputs, wait to sell crop
2. Sell crop, wait to purchase inputs
3. Do nothing and wait.
4. Purchase inputs, sell the crop
5. Sell at a profit and watch prices go higher.

The first three are teh riskiest. The fourth doesn't necessarily mean you are making money. The last option is what most farmers have problems with. When you see profits for any delivery period, SELL THE CROP!!!!!!!! Then you will make money every single year.

[dave4441]

I agree with that I will educate myself to take advantage of any drop in price. What I am saying is that you are spending so much time based on being mad that prices where high. THat it was a criminal act. It was not, it was just based on high grain prices and high demand. It was not a conspiracy to gouge.

[cottonpicken]

Classic,some of us like to make as much profit as possible.

My feeling is crop prices are low and input prices are low.Both are bottoming.

So quess what option i'm doing?

These big companies are lining up to kick us in the balls.

They will manufacture a fertilizer shortage.

[dave4441]

I agree, they will be very hungry at any sign of firming of this market. All of a sudden there will be no offers.

[SASKFARMER3]

I don't see the bottom just yet. The time to lock in will come down to what happens in the next 4 months after Jan 1st.
Yes when they think were in profit territory their will be shortages, shut downs, train derailments, sick workers gas problems stomach and system, etc etc.
A thief is a thief and they know when to strike.
I call it like I see it, they ripped off millions of farmers for huge huge personal gain, now that the bottom has fallen out their eating their own their dealer network.
NICE GUYS HEY>

[BreadWinner]

Larry weber has started an interesting blog page http://fertilizerbuddy.blogspot.com
guys are posting prices in their area. I think this is a great idea to give a bit of leverage to your stubborn dealer. Check it out.

[gustgd]

46-0-0 blairs in liberty $445.00
delivered to yard
Pioneer Davidson 475.00 picked up in town
will cross post on www.fertilizerbuddy.blogspot.com

[fjlip]

Fertilizer price bottom will be just before farmers blink and buy. Input prices always lag grain prices because producers demand increases after greater profits and decreases after no profits. That demand happened to be a world wide phenomenon in 2007 & 2008. Our spike in grain prices was a world market as was the fertilizer, chemicals, oil, ocean freight and steel. Some was BS, what the market would bear. Just think, end users paid that much for commodities and now also feel like crap, if not bankrupt. It's the volatility that is hard to swallow. Hurts both sides. This is pure speculative "Capitalism" at it's finest. Do your best to cope because the alternative "isms" are worse. My dealer agrees, it is Agrium that is screwing them.