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Potash will Drop also!

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  • SASKFARMER3
    Senior Member
    • Feb 2006
    • 14485

    Potash will Drop also!

    Looks like the BS out of the Potash corps mouth might come to an end. Today china announced that as of Friday the worlds largest potash find was in China. So I guess they wont be importing as much of our over priced product.
    Hm the CEO maybe should quit BS'ing his investors and start running his company.
  • SASKFARMER3
    Senior Member
    • Feb 2006
    • 14485

    #2
    Today their share value dropped 8%. Also Monsanto had a bad day. Seems the market is realizing that when primary producer isn't getting paid for his product he will cut back on all products and no matter how the companies spin it the Market does know better.

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    • Fransisco
      Senior Member
      • Feb 2007
      • 3859

      #3
      http://fertilizerbuddy.blogspot.com/

      Comment

      • classicalliberal
        Senior Member
        • Dec 2008
        • 206

        #4
        It's in no one's best interest to run the farmers out of business. You should see some of the idiot's on the CBC blogs about the CWB.

        Comment

        • cottonpicken
          Senior Member
          • Apr 2006
          • 6993

          #5
          I really hope i'm wrong but i feel a bottom and a sharp bounce.

          These guys are hardballers and they could be about to teach us a lesson.

          Comment

          • cottonpicken
            Senior Member
            • Apr 2006
            • 6993

            #6
            That blog was a great idea Larry,could work for any and all other things?

            Comment

            • Fransisco
              Senior Member
              • Feb 2007
              • 3859

              #7
              Yup, there could be a price blog for Canola, oats, chem, you name it.

              Comment

              • LWeber
                Senior Member
                • Nov 2007
                • 1432

                #8
                Thanks Cott.

                Transparency and choice. The internet is a wicked tool for that.

                The disparity in prices across western Canada on canola and oats is never as great as it is within fertilizer. You can find bids for grains all over the Net and transportation costs are usually the mitigating factor for prices.

                With fert - you can find export/import prices but next to nil for local pricing and transportation costs don't add up to the $140.00/MT differences within 200-300 miles.

                Comment

                • Fransisco
                  Senior Member
                  • Feb 2007
                  • 3859

                  #9
                  So Larry, how many Christmas cards do you think you'll be getting from fertilizer dealers this year?

                  Comment

                  • LWeber
                    Senior Member
                    • Nov 2007
                    • 1432

                    #10
                    i'll use all those lumps of coal to keep warm at -34 frikkin below.

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