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Two things....

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  • furrowtickler
    Senior Member
    • Dec 2004
    • 21892

    Two things....

    One - canola continues to climb rewarding those with patience
    Two - fert prices continue to soften again rewarding those with patience - Trigger must be pulled within the next month to ensure supply.
    - On anouther note potash supplies have been repoted today to be vastly increasing as demand for the overpriced product has dipped in China and India and U.S farmers have been holding out.
  • rhoff
    Senior Member
    • Oct 2006
    • 175

    #2
    I wonder what the price of potash will do when
    the Bethune mine and the other expansions are
    running full tilt. I know demand is growing I just
    don't think it is fast enough to have all this new
    production and maintain high prices.

    Comment

    • bucket
      Senior Member
      • Jan 2008
      • 17027

      #3
      The cost to get potash out of the ground, processed and into a railcar is about 150 bucks a tonne. They are making a tonne of money, its more lucrative than mining gold.

      Even if potash comes down to 300 bucks a tonne the companies are making money.

      Comment

      • furrowtickler
        Senior Member
        • Dec 2004
        • 21892

        #4
        yep I agree 100% bucket , again they tried to hold a gun to the farmers head to see who blinks first.

        Comment

        • bucket
          Senior Member
          • Jan 2008
          • 17027

          #5
          Hey, it don't matter to me what the fertilizer companies do.

          If they choose not to make some margin on their inventory and sell it, which is what they are in business for, they can explain it to shareholders who might be wondering why they are choosing to hold back production when the world is starving for food and jobs.

          Comment

          • bucket
            Senior Member
            • Jan 2008
            • 17027

            #6
            And if I was the head of the fertilizer giants, might be more worried about what the shareholders say than a few farmers.

            Comment

            • BTO_farmall
              Senior Member
              • Feb 2012
              • 509

              #7
              I couldn't give a Flying *** what The Shareholders think. We the End Users, We The Boss. Shareholder this, Shareholder that, STFU. Aint no farmer, Aint no Shareholder. Theys wanna play this Game, No Problem, We'll bring er' in from overseas, Cut out The Middleman. About that ***'n Simple Too. Keep on Rollin............

              Comment

              • ColevilleH2S
                Senior Member
                • May 2007
                • 1645

                #8
                Thank you for that insightful post BTO

                Comment

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