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Feb 22, 2023 | 08:42
1
I need to finish up with more fert purchases soon.
Yesterdays best bids : 46-0-0---$725
11-52-0 --- $1105
any better bids out there?
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Feb 22, 2023 | 09:20
2
There are many questions to fertilizer pricing.
Retails were using the excuse of high prices in Europe due to natgas pricing?
Then they used freight?
Now they talk about the Mississippi?
If Urea is coming from Belle Plaine Sk why are those factors?
latest pricing internationally has Urea at 300-350 USD per MT . The math doesn't work for it to be at 725 other than the retail is averaging down their pricing to keep making sales of some product they didn't move at 1000/MT
When do farm groups actually ask for a look into collusionary practices throughout the system.
Politicians like to talk about costs to food, yet won't look at the factors . Its fine to say fertilizer prices are high causing food inflation and yet I have never been able to pass on those expenses.
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Feb 22, 2023 | 09:42
3
 Originally Posted by bucket
There are many questions to fertilizer pricing.
Retails were using the excuse of high prices in Europe due to natgas pricing?
Then they used freight?
Now they talk about the Mississippi?
If Urea is coming from Belle Plaine Sk why are those factors?
latest pricing internationally has Urea at 300-350 USD per MT . The math doesn't work for it to be at 725 other than the retail is averaging down their pricing to keep making sales of some product they didn't move at 1000/MT
When do farm groups actually ask for a look into collusionary practices throughout the system.
Politicians like to talk about costs to food, yet won't look at the factors . Its fine to say fertilizer prices are high causing food inflation and yet I have never been able to pass on those expenses.
After the fireworks in the Urea market in the past 18 months I have spent a lot more time price watching. I have learnt lots from following Josh Linville on Twitter and Larry's newsletter. Seems few want dealers to hold inventory with the risk of price changes. For me the big take away currently is the Urea to new crop grain ratio these days. Its a hell of a lot better this year than a year ago.
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Feb 22, 2023 | 09:43
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Got hosed filling the bins this past fall.
A guy should look at locking in some production because commodities might get a reversion to mean shock too.
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Feb 22, 2023 | 10:07
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Does fertilizer still work if it doesn't rain? Last year the fertilizer didn't break down. I was picking urea and phos prills in the ground in September.
Sub soil moisture is lower now than anytime that I can remember.
Soil moisture was low going into 2022, and its worse now in 2023. In this area.
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Feb 22, 2023 | 10:16
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Originally Posted by jazz
Got hosed filling the bins this past fall.
A guy should look at locking in some production because commodities might get a reversion to mean shock too.
Fert is falling because grain prices are already falling and have been for months.
I am getting quoted $750/MT SW Sask for 46-0-0 and closer to $800 on potash. I am close to booking all my needs. I have been holding for a reversal on the USD/CAD but CAD is getting weaker.
11-55-0 at $1150/MT locally.
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Feb 22, 2023 | 10:37
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A quote that I keep thinking about is from Gary Zimmer
If I could be president of the US I would make Nitrogen fertilizer expensive. That way you learn how grow/make your own.
For the guys that bought fertilizer already I gave them a big thanks for buying up the high price supply
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Feb 22, 2023 | 10:54
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If Trudeau is coming for fert emissions caps, why wouldnt I buy 10 bins and fill them this summer and remove that risk.
Cant tax what I have already bought.
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Feb 22, 2023 | 11:29
9
How exactly do the liberal clowns plan on reducing fert and or emissions by 30% ?
Or is it just virtue signalling again like promising First Nations clean water for 6 years while giving billions away to other countries??
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Feb 22, 2023 | 12:31
10
I guess in NE Sask we pay more for most things.
Urea 850
Phos 1220
MES 1205
Fines 585
These Prices were quoted Feb 9
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Feb 22, 2023 | 12:56
11
Originally Posted by furrowtickler
How exactly do the liberal clowns plan on reducing fert and or emissions by 30% ?
Or is it just virtue signalling again like promising First Nations clean water for 6 years while giving billions away to other countries??
And guys like chucky are ok with no clean water for natives , strange !
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Feb 22, 2023 | 13:04
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28-0-0 down to $460 from near $800 Nov
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Feb 22, 2023 | 13:06
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Originally Posted by jamesb
After the fireworks in the Urea market in the past 18 months I have spent a lot more time price watching. I have learnt lots from following Josh Linville on Twitter and Larry's newsletter. Seems few want dealers to hold inventory with the risk of price changes. For me the big take away currently is the Urea to new crop grain ratio these days. Its a hell of a lot better this year than a year ago.
Can you explain the significance of the Urea to new crop grain ratio?
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Feb 22, 2023 | 14:03
14
Have 85% of my fert in the bin and plans to seed more alfalfa. Still costs money in fertility to get alfalfa fed right but with livestock I need the feed and grazing. Think I’ll keep on with rotating perennial legumes through what I can but ultimately on a straight grain operation we are screwed. Here Feds want to ban wood burning stoves. Same bs. Any thing which entails a bit of self sufficiency that circumvents some sort of taxation or government control is potentially on the chopping block. I hate to even propel conspiracy theories but as our government further descends into lunacy I do not see any future here unless things change which doesn’t look too promising.
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Feb 22, 2023 | 14:06
15
Originally Posted by jazz
Got hosed filling the bins this past fall.
A guy should look at locking in some production because commodities might get a reversion to mean shock too.
Yes but you did well selling your canola when you did
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Feb 22, 2023 | 14:12
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Originally Posted by wheatking16
Can you explain the significance of the Urea to new crop grain ratio?
https://twitter.com/JLinvilleFert/status/1624094485234720768/photo/1
As i understand it its very good historically if one sold the new crop and locked in the urea.
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Feb 22, 2023 | 17:51
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Originally Posted by jamesb
https://twitter.com/JLinvilleFert/status/1624094485234720768/photo/1
As i understand it its very good historically if one sold the new crop and locked in the urea.
Thanks for the reply.
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Feb 22, 2023 | 19:04
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825 for 46-0-0 picked up in spring.
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Feb 22, 2023 | 21:57
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Originally Posted by jdg364
825 for 46-0-0 picked up in spring.
900 plus here.
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Feb 22, 2023 | 22:56
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930 in the swamp
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Feb 23, 2023 | 08:18
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Originally Posted by caseih
930 in the swamp
How is that possible when you can pick it up in the south for $200/MT cheaper?
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Feb 23, 2023 | 09:58
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Originally Posted by dave4441
How is that possible when you can pick it up in the south for $200/MT cheaper?
Freight out of New Orleans scam.
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Feb 23, 2023 | 12:12
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Originally Posted by makar
Freight out of New Orleans scam.
What I mean is you can buy Urea for CAD $725 in South Sask. How can it possibly be $940 in a different part of Sask.
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Feb 23, 2023 | 12:46
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One independent up here fill his bins last fall with high priced Urea and expects his customers to help him out on his deal.
The independent is 930
Local grain company 850 which is is high.
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Feb 23, 2023 | 13:01
25
Originally Posted by dave4441
What I mean is you can buy Urea for CAD $725 in South Sask. How can it possibly be $940 in a different part of Sask.
Life is hard in the swamp
I feel for the retailers who brought high price stuff because like they say
Cant get it all in the last two weeks
These *** fert CO’s have no respect for their retailers ??
But …. In 2008/2009 no one offered to help us out with our high price purchases from fall before
We just licked our nuts and used it
Some didn’t
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Feb 25, 2023 | 09:01
26
Originally Posted by jazz
Got hosed filling the bins this past fall.
A guy should look at locking in some production because commodities might get a reversion to mean shock too.
You support Putin's invasion, Karma at it's finest.
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Feb 25, 2023 | 10:00
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Originally Posted by caseih
I feel for the retailers who brought high price stuff because like they say
Cant get it all in the last two weeks
Exactly. Will it matter what the wholesale price is in May, if the demand exceeds the logistical capacity of the system?
I wouldn't want to be in a retailers shoes. Can't sell (to the last minute purchasers) what you don't have in stock, But if you have it in stock, it will be at prices that no one will want to buy. Damned if they do and damned if they don't.
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Feb 25, 2023 | 10:11
28
Originally Posted by AlbertaFarmer5
Exactly. Will it matter what the wholesale price is in May, if the demand exceeds the logistical capacity of the system?
I wouldn't want to be in a retailers shoes. Can't sell (to the last minute purchasers) what you don't have in stock, But if you have it in stock, it will be at prices that no one will want to buy. Damned if they do and damned if they don't.
This is the identical issue to every grain trader. Or fuel station. Or lumber yard. This is not unique to fert.
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Feb 25, 2023 | 11:50
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Ended up locking in some at $715 for 46 direct to farm. A rumor of somebody in Manitoba selling under $700 supposedly. It was evident that the direct to farm bids were better than the picked up unless it was at on of the ADM plants.
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Feb 28, 2023 | 15:06
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from Gensource website.
I can't see the major potash producers being much higher.
So it begs the question, how is Canadian produced potash priced so high, other than because they can.
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