Oat & Forage Great Free Market Examples

[DogPatch]

Wilagro...... There was a big drop from the $1200/T Phosphate and Potash a couple of years ago. Most dealers had filled up because of feared shortages and then boom the price dropped about 1/2. Glyphosates went from $10 to less than $3/L along with most other chemicals. How did the retailers with large inventories handle that? Aren't some of them owned and operated by Agrium now?

[wilagro]

DogPatch: From personal experience...in the event of an overstock or a sharp price reduction...many but definitely not all will underwrite at least a half if not more of a negotiated quantity if you talk to their reps. Sometimes you have to really beg and some times threaten to switch suppliers or products before they will bend. It depends on what product is involved. The wholesaler wants to sell product too. He doesn't make money if it sits in the warehouse.