That’s not true. 500-600 US per short ton. Freight from Nola would roughly be 100$ Canadian. So mid 800$ in Western Canada with dealer margins or handling. CF was mid 8 something picked up in Hat.Barge price under $700 Canadian. So $300 to ship from states. Actual cost is well under $300
Guess we'll see who calls whose bluff first eh. The retailers can try to hold out to cover the ridiculous price they paid for their product, and farmers can hold out waiting for a better price. Unfortunately I don't think we'll win this one.Rumour is western Canadian urea sheds are full and workers are laid off.
There’s always plant shut downs at this time of year for maintenance. Certain manufacturers sold 100s of thousands of tons for Aug-Oct delivery. Most larger farms bought at least some product in June for fall delivery.Rumour is western Canadian urea sheds are full and workers are laid off.
is it possible to buy it any cheaper?
Nobody knows off course , but I think we are at a start of total crash market .
Food prices , energy prices up
interest rates up
stocks Down .
Whats next ?
Most likely commodity prices going down , fertilizer down .
Just no idea about time and percentage