Woke up looked at the bank account and smiled a big smile. Life is Good!
Paid for the shit today.
Can't stop crying, it's like someone died that I love.
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Fertilizer prices today will bankrupt most farms with a hiccup next year. PERIOD!
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There is a urea futures market at;
UMAc1
From Middle East as lots of production there due to stranded gas but no market so all export.
Might be usefull to keep track of price direction an maybe local basis?
On the chart appears price more than double since end of Sept.
Some other usefull data there.Last edited by shtferbrains; Nov 30, 2021, 11:03.
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Originally posted by Taiga View Post$45+ per acre for oat seed too if you have to buy
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Originally posted by Hamloc View PostSoil tests came back with very little residual
Option to go more lentils but that would break rotation and probably result in a yeild hit and another round of fungicide. I guess a second pass of fungicide is better than a $50 an acre increase in fertility costs.
No easy answers out there, and now we have all committed to growing in a higher input environment without the back end being covered. Risky.
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Originally posted by 4GFarms View PostGoing to get a couple prices today. Will post what I find out. If N price is $1200 that will be 2.5x the cost of last year. That makes it about $50+/ac more just for nitrogen. Sure seems like we are losing before we start. No snow here yet.
Also, saw on Twitter a thread about wall to wall oats cause they were $10/bu. Not sure these guys have looked into new crop prices. Around $5.50/bu here for fall. Guys chasing markets and high inputs costs maybe should be careful.
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Going to get a couple prices today. Will post what I find out. If N price is $1200 that will be 2.5x the cost of last year. That makes it about $50+/ac more just for nitrogen. Sure seems like we are losing before we start. No snow here yet.
Also, saw on Twitter a thread about wall to wall oats cause they were $10/bu. Not sure these guys have looked into new crop prices. Around $5.50/bu here for fall. Guys chasing markets and high inputs costs maybe should be careful.
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Guest repliedOriginally posted by Hamloc View PostI read an article this morning that Yara is restarting plants in the Netherlands after routine maintenance but still not restarting other plants in the EU due to natural gas price and availability.
My fertilizer costs are up $45 an acre over last year and I am putting on roughly 10% less than last year. I also don’t put on as much as some on here apparently do. Looks like cost per acre will be up somewhere between $75 and $100 per acre when all inputs taken into account. Certainly an elevated level of risk. Soil tests came back with very little residual
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Guest repliedbought 46 at $1190 , but only half of normal, my arse hurtsLast edited by Guest; Nov 30, 2021, 13:18.
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I read an article this morning that Yara is restarting plants in the Netherlands after routine maintenance but still not restarting other plants in the EU due to natural gas price and availability.
My fertilizer costs are up $45 an acre over last year and I am putting on roughly 10% less than last year. I also don’t put on as much as some on here apparently do. Looks like cost per acre will be up somewhere between $75 and $100 per acre when all inputs taken into account. Certainly an elevated level of risk. Soil tests came back with very little residual
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I love the bullshit.
Let's hear 1100 then 1200 then 1300 at this rate it will be 3300 by seeding if they keep the same game going of 100 a ton week increases.
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