forward buying fert

49801

never done it but thinking about it for next year.
Do ppl find it worth while?
total ussage here would be circa 40tons

bob charles

49801 wrote: »

never done it but thinking about it for next year.
Do ppl find it worth while?
total ussage here would be circa 40tons

I have being thinking about where fert companies will put price on fert for next season. Urea will have to be sub 400 and for me to think about biting it would have to be 375. for 40t of fert it wouldnt be worth it. I would let the merchants deal with the aggravated grain farmers first just so they are sure the grain farmers cant be ridden for fert next season. So anyone offering Urea at 375?

thinking about the massive grain harvest just around the corner with larger stocks of grain for next season, usage will be done along with price. Takes of major falls in Potassium due to a cartel breakup in the east so they are reckoning K falling by 150$ ton. Urea for Dec is down about 12% in the last month

49801

certainly not thinking about purchasing this month!:pac:
I just like to think ahead:o.

just curious of others experience with it to weather there is a real saving. Or does it lock up too much cash for fella's

bob charles

49801 wrote: »

certainly not thinking about purchasing this month!:pac:
I just like to think ahead:o.

just curious of others experience with it to weather there is a real saving. Or does it lock up too much cash for fella's

I certainly wouldnt put down money to buy, I would just contract to buy. Do you save money? maybe a little, but big advantage with future/contract of any commodity is to it take the peaks and troughs out of buying the input and to fix costs.

mahoney_j

Quoted 450 for urea this am for spreading next week,pricing around before I buy any ,seems dear to me though at that money.as for forward buying I do it if the accountant advises so in December.outside of that I usually but a full load in jan and then a load in early June and then whatever is needed for last application in sept

49801

bought CAN for €315/ton today. still prefer CAN in this weather

bob charles

mahoney_j wrote: »

Quoted 450 for urea this am for spreading next week,pricing around before I buy any ,seems dear to me though at that money.as for forward buying I do it if the accountant advises so in December.outside of that I usually but a full load in jan and then a load in early June and then whatever is needed for last application in sept

crazy money, I dont know who they will think will use Urea @ 450