Finally a break in urea prices

[LEP]

All farmers wanted was another nitrogen plant, and all they got was another soap opera.

I give a big salute to the member on this forum who, around 10 or 15 years ago, said if you look up all the legal shenanigans the Mann bros have been involved in you would stay far, far away from this project. I can't remember who it was but they deserve a giant I-told-you-so post.

You can buy me a coffee at the next crop club meeting.

Actually can't be positive it was me. But since day one I have said that.

[makar]

Seems the Industry want you to commit early, which puts you at risk of being on the wrong side of the market. But they don't want to be long many tonnes at the end of planting season.

I guess if they're only netting $10/t profit, being long too much could erase profits. Disclosure: Full sarcasm intended.

I worked for cargill one winter 30 years ago when computers were new. Playing around on a slow day i found where there was only a dollar profit on a 50 lb bag of edge. Being previously employed by AWP for 6 years i can smell bullshit. Profit to the station and company are 2 different entities. Pioneer may only show 10 a tonne profit per station but only the richardsons see the real books.

[jamesb]

I worked for cargill one winter 30 years ago when computers were new. Playing around on a slow day i found where there was only a dollar profit on a 50 lb bag of edge. Being previously employed by AWP for 6 years i can smell bullshit. Profit to the station and company are 2 different entities. Pioneer may only show 10 a tonne profit per station but only the richardsons see the real books.

We buy product from several different outfits. It is stunning as how different the pricing points can be on chemical. I usually buy all the product from the store that has the best price in that particular chemical. I almost always don't share the prices, over coffee with one seller who was a friend and didn't get the deal quietly asked me what I bought the product at. Turns out my price was well below what his cost was before his markup. I'm told this can be for several factors but we found you sure have to shop around and be prepared to buy as most don't want to be used as price discovery and not sell anything. I know a guy that just wanted to find the lowest price that his local guy would match. Wasn't too long and fewer outfits would quote. The FBN app works good, you upload prices you paid and can see what others have paid.

[makar]

We buy product from several different outfits. It is stunning as how different the pricing points can be on chemical. I usually buy all the product from the store that has the best price in that particular chemical. I almost always don't share the prices, over coffee with one seller who was a friend and didn't get the deal quietly asked me what I bought the product at. Turns out my price was well below what his cost was before his markup. I'm told this can be for several factors but we found you sure have to shop around and be prepared to buy as most don't want to be used as price discovery and not sell anything. I know a guy that just wanted to find the lowest price that his local guy would match. Wasn't too long and fewer outfits would quote. The FBN app works good, you upload prices you paid and can see what others have paid.

Reason for that is the crybaby story margin no profit blal blal there is a year end reckoning in a closed room and profits are divided up by volume. Thats why reps push so hard, not for 10 a tonne a dollar a bag.

[farmaholic]

I received direct loads out of the U.S. brought up by a Canadian retailer... trucker accidently gave me the commercial invoice along with the bill of lading. I did the math, converted short tons to metric tonnes and the currency exchange. I was able to figure out the retailer's margin... difference between what I was charged and the converted price on the commercial invoice. What really pissed me off was the song and dance of how little they made per tonne and they couldn't match a competitor's lower price, I learned otherwise. Just think, they didn't even have to put that product through their facility, pure profit to shuffle a bit of paper.

Claiming low margins like $10/tonne and expecting customers to believe it only tells me they must think we're fools.

[TASFarms]

$10 a bag is probably what the salesman got paid.

[Old Cowzilla]

I received direct loads out of the U.S. brought up by a Canadian retailer... trucker accidently gave me the commercial invoice along with the bill of lading. I did the math, converted short tons to metric tonnes and the currency exchange. I was able to figure out the retailer's margin... difference between what I was charged and the converted price on the commercial invoice. What really pissed me off was the song and dance of how little they made per tonne and they couldn't match a competitor's lower price, I learned otherwise. Just think, they didn't even have to put that product through their facility, pure profit to shuffle a bit of paper.

Claiming low margins like $10/tonne and expecting customers to believe it only tells me they must think we're fools.

I think we entered the (fool category) when we started paying more per acre for canola seed than the rent on the land we put it on.

[LEP]

We buy product from several different outfits. It is stunning as how different the pricing points can be on chemical. I usually buy all the product from the store that has the best price in that particular chemical. I almost always don't share the prices, over coffee with one seller who was a friend and didn't get the deal quietly asked me what I bought the product at. Turns out my price was well below what his cost was before his markup. I'm told this can be for several factors but we found you sure have to shop around and be prepared to buy as most don't want to be used as price discovery and not sell anything. I know a guy that just wanted to find the lowest price that his local guy would match. Wasn't too long and fewer outfits would quote. The FBN app works good, you upload prices you paid and can see what others have paid.

I got told by the Nutrien salesman that he f***ckin hates farmers that shop for prices. I replied are you serious? You would expect a guy to buy hundreds of thousands of dollars of inputs and not try and find the best deal?

Guess he doesn't want to be on the list. I save close to 6 figures by checking prices.

I asked him why he goes to the city to buy groceries?

[jamesb]

I got told by the Nutrien salesman that he f***ckin hates farmers that shop for prices. I replied are you serious? You would expect a guy to buy almost hundreds of thousands of dollars of inputs and not try and find the best deal?

Guess he doesn't want to be on the list. I save close to 6 figures by checking prices.

I asked him why he goes to the city to buy groceries?

One guy called me a "cherry picker". I don't mind that at all. For me, all the businesses that I get pricing at, I buy something every year so they know I'm serious.

[furrowtickler]

I got told by the Nutrien salesman that he f***ckin hates farmers that shop for prices. I replied are you serious? You would expect a guy to buy almost hundreds of thousands of dollars of inputs and not try and find the best deal?

Guess he doesn't want to be on the list. I save close to 6 figures by checking prices.

I asked him why he goes to the city to buy groceries?

That attitude is nearly everywhere in retail now , especially in line company retails .