buying fert now, not!

[Hopperbin]

Fertilizer companies shares increase 6 fold. Farm enterprises increase in value 10 to 20 percent. Farmers are not on the winning end just yet. I pick D (Cotton has no kids) Well not sure we need any more cottonpickers running around anyway LOL.
Just a joke.

[cottonpicken]

To late,pair of boys 2 and 4.
Yes,they are more important than a piece of dirt.

[cottonpicken]

My arguement is this.

20 widgets per acre x 10 dollar per widget=200 dollars per acre

100 dollar an acre costs
100 net to me

20 widgets per acre x 20 dollars per widget=400 dollars per acre

My costs rise 40 %
140 dollars per acre costs

260 dollars net to me.

[silverback]

So CP, if you are saying that the price for our crops is going to double going into next year that will be great!!!!

Maybe we will buy a little fertilizer after all.

Is that what you are suggesting?

I might just believe you this time, but can you please stop the prices from gyrating so much?

[cottonpicken]

You would being doing well if you had believed me along.

[SASKFARMER3]

Yes Vwalk it is a business and its grown from 12 to almost 50 quarters must be doing something right and usually when you guys run one way I am going the other. simply demand is a major component but if you think fert use is up your dreaming. See which neighbor used more than any of the last 5 or 6 years. your answer will be no just a little or none. Similar with roundup name one neighbor that used all his glypos because of the cool spring most didn't so demand up BS up its all hype and they are doing an excellent job of BS and most farmers are buying it. Again if its nuts in spring maybe we will not use as much, next year is probably a poor year if one is counting great vs poor.More suckers went broke in the good years than the tight years.

[vvalk]

Saskfarmer. Again instead of telling everyone how big and good you are, you should look at the facts. You are talking about your neighbours when you need to be looking at Brazil, eastern europe, India, China etc. North American fert demand has be stable for decades now. This new demand is what is causing all the hype. I see canpotex trains coming through my town twice a week. Your neighbours aren't using it. No one cares what you or your neighbours are doing! Especially the world.

[SASKFARMER3]

yea your right no one cares about North America oh well then lets all let those other countries support us. And lets see how far that gets us. Let them sell fert to China and India and see how well they do when the Crap hits the fan in those countries. Do you not think if we slow down like the USA will not china and india have problems because last time I checked most of their products were heading to North america. And when I talk about my area I am meaning over all farmers across western Canada. Thats all our neighbors.

[dave4441]

Anybody want to go to $300/MT Urea? Probaly will not be too pretty in Ag when that happens either. I have said this before, but as farmers we never believe that we are gouging/ripping off our customers when the price of grain hits the roof, but in the case of fertilizer we think it is criminal. It is just another market that we have to operate within.

[agstar77]

The rise in fertilizer prices, may be the straw that breaks the camel's back. Even with higher commodity prices the risk /reward ratio is getting way out of hand. Operating funds may be the greatest problem for next years crop.