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    fertilizer

    Anyone buying fertilizer yet?

    #2
    Bunch of ships heading to the gulf in next month
    or two.
    Can't do ammonia till after harvest. Will do dry in
    late August.

    Comment


      #3
      Fertilizer may jump in price but will probably have to come down due to the corn crop buring up in the US. They wont need as much fertilizer because it hasnt been used up and is still in the ground. With Half the usa cutting back on fertilizer purchases it may drive prices lower not higher. Just Western Canada is looking like it will have more cash and that is just a small area.

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        #4
        I do think that where the grain prices are now and where they may end in the next year, the incentive to grow grain is going to be big. Its natural that the fert makers are at some point going to push prices up. personally I think we have a few months of fairly flat pricing but I can see them just getting stupid by seeding time next spring.

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          #5
          Got a text from Cargill the other day, N(46)-$615, P-$710, S15-$715. Summer fill--must be delivered by end of August.

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            #6
            Ask your retailer if they are filling the sheds?

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              #7
              I understand the speculation of higher fertilizer prices but for me my crop is a long way from the bin. Thinking i would feel stupid with next crops fert on store should something happen. Therefore im out. Going to wait couple months and hope for the best.

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                #8
                Hedged my bets and bought enough to fill 1/2 my
                fertilizer bins.

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                  #9
                  With corn prices where they are do you think the
                  price will move lower? On the other hand, taking
                  delivery of dry fertilizer in this heat and humidity
                  is a recipe for disaster. It will be a hard lump by
                  next spring.

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                    #10
                    With corn prices where they are do you think the
                    price will move lower? On the other hand, taking
                    delivery of dry fertilizer in this heat and humidity
                    is a recipe for disaster. It will be a hard lump by
                    next spring.

                    Comment


                      #11
                      The fert industry will claim that China and India and Pakistan are using the surplus inventory they thought would be left from the prevous years' US drought. Dont worry they will spin and spew enough rhetoric to milk good profits from the farmers. After all, thats their job.

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                        #12
                        Agree with hopper. Add that to a shut down or two, they will do whatever necessary to drive price up later. But i also think it will stay flat till after harvest.

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                          #13
                          Ahhh yes, i forgot about the old "interruption in
                          supply" card. They played that one this past
                          spring.
                          I can see that a farmer more than ever has to
                          know cost of production and purchase price
                          points at all times. They may have to make
                          budget decisions 10 months ahead of time.

                          Comment


                            #14
                            Ahhh yes, i forgot about the old "interruption in
                            supply" card. They played that one this past
                            spring.
                            I can see that a farmer more than ever has to
                            know cost of production and purchase price
                            points at all times. They may have to make
                            budget decisions 10 months ahead of time.

                            Comment

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