Thoughts on Fertilizer

[bucket]

The US DoJ has been tasked with looking into the price of fertilizer by US farm groups.

In Canada farm groups are cheerleading the new board members , and being castrated by the Saskparty for forgetting to ask before they criticized their pals.

[tweety]

There physically are no buyers. Product is in store. I know of 4 people that have taken and or pre-bought fertilizer committing to take it. Everyone else is playing the waiting game. And of those 4, one has sourced enough to put just 30lb's down and thinks that might be all he'll buy if price doesnt come down.

Retailers know exactly how much fertilizer is needed. Everybody knows exactly what you use as enough of you have graciously paid to give your all your data, along with accurate yields. So thank you for that. The best thing you can do is absolutely nothing.

1. It hasn't cost nutrien triple the price to make urea.
2. If there are suckers willing to pay for fert at these prices - why not take their money.
3. Everybody knows you can still grow an ok crop with 30 to 40 lbs of N - except farmers it seems.
4. It's gonna be a wild ride, it is the 1 year in 10 when buying fert in the fall makes no sense.
5. Don't be so stressed it causes you mental illness. It will be ok, and please talk to a counsellor and get help if it is too much. If you let this situation build in your head, you may lose more then some money.

[helmsdale]

Sounds like this place you are talking about got a little ahead of themselves.

Nothing out of the ordinary with this particular place. Supply not an issue. If you want it they can get it, and blending bins are ready to go for immediate pickup if wanted. The issue is NO DEMAND! Nothing, nada, zero!

To put this into perspective, I'd have to sell ALL of what I have available for sale from this last crop, in order to afford the same groceries for this year.

[helmsdale]

.
5. Don't be so stressed it causes you mental illness. It will be ok, and please talk to a counsellor and get help if it is too much. If you let this situation build in your head, you may lose more then some money.

Dont worry. I'll be just fine.

[AlbertaFarmer5]

[QUOTE=tweety;521219]
3. Everybody knows you can still grow an ok crop with 30 to 40 lbs of N - except farmers it seems.
4. It's gonna be a wild ride, it is the 1 year in 10 when buying fert in the fall makes no sense.

Define an OK crop? Out here in the high rainfall area, I could grow 1/3 to 1/2 a crop with those rates. Fertilizer still the best ROI of any expense on the this farm.
I'm going to bookmark this and refer back to your #4 next spring. If correct, will you consider offering a paid marketing service? I would sign up

[tweety]

Dont worry. I'll be just fine.

A general statement - not you specifically

[poorboy]

Nothing out of the ordinary with this particular place. Supply not an issue. If you want it they can get it, and blending bins are ready to go for immediate pickup if wanted. The issue is NO DEMAND! Nothing, nada, zero!

To put this into perspective, I'd have to sell ALL of what I have available for sale from this last crop, in order to afford the same groceries for this year.

With the poor crops your area has had the last few years, the demand is probably less than for most dealers. Locally I am hearing about 60% of normal for urea and phos. No potash being sold.

[flea beetle]

Booked in mid October. Taking delivery next week. Wished I would have booked in August. Was supposed to show up this week, but a foot of snow put a hamper on that. Still have a little digging out to do. Asked for todays price on fert. to compare to what I booked, and was told that they will have one tomorrow. No price today! I don't think that means it is coming down.

Had booked half my canola seed in October as well. Asked today to book the rest, and was told that all of Richardson as a whole had 97 bags of canola seed left to sell. After that, there was no guarantee. Only needed 70 bags more, so snuck in under the wire. Wanted two different varieties of Brett Young, but they only had the one left. Such is life.

Normally Roundup Transorb is around what...$3500/450L tote? Had booked in October for $5500. I thought that price was whacked already. Asked today, as I may need one more...$7380! Guess I am running with what I have in the shed.

This farming thing is getting pretty crazy.

[makar]

Renting out the rest of the farm may be my only option, getting pointless at this stage of the game.

[flea beetle]

Renting out the rest of the farm may be my only option, getting pointless at this stage of the game.

Heard there was a rent fight on 7 quarters near me. Not sure how true, but top bid is reported at $125/acre.

You may be the smartest guy in the room this year if you rent it out!