Fertiliser prices - Forward buying

PatQfarmer · 02-12-2013 01:45PM #1

Any idea what the trend for prices is in 2014?
Co-op has left-over Can. Thinking of buying in advance.
Any idea what I should be paying?
Big bags, collected.
Thanks.

delaval · 02-12-2013 01:58PM

I won't be forward buying this year. Cannot see a price increase in 14, could be very wrong and have been before

PatQfarmer · 02-12-2013 02:00PM

delaval wrote: »

I won't be forward buying this year. Cannot see a price increase in 14, could be very wrong and have been before

Haven't we all:D
Quoted me €280ton.
How would that compare, do you think?
Made a few quid this year...for once, so may spend it forward...;)

bob charles · 02-12-2013 02:39PM

PatQfarmer wrote: »

Haven't we all:D
Quoted me €280ton.
How would that compare, do you think?
Made a few quid this year...for once, so may spend it forward...;)

Sure that F all less than we paid for it in September. I wouldnt touch it.

€350 for Urea to tempt me, Sit tight, I wouldnt fancy being a merchant trying to sell over priced fertiliser to grain farmers and they bought the last crop of them for €150 a ton. Wholesalers yards are full so I expect they have bought well as they wouldnt fill their boots unless if was priced properly

Yuzhnyy Black Sea Urea this time last year was $380 a ton, today its $300 a ton. Considering shipping costs, handling, wholesalers and merchants margins are pretty much constant, it should mean a reduction of circa €60 a ton

Now after saying all the, fert will probably be up €50 a ton in the morning

PatQfarmer · 02-12-2013 02:47PM

bob charles wrote: »

Sure that F all less than we paid for it in September. I wouldnt touch it.

€350 for Urea to tempt me, Sit tight, I wouldnt fancy being a merchant trying to sell over priced fertiliser to grain farmers and they bought the last crop of them for €150 a ton. Wholesalers yards are full so I expect they have bought well as they wouldnt fill their boots unless if was priced properly

Yuzhnyy Black Sea Urea this time last year was $380 a ton, today its $300 a ton. Considering shipping costs, handling, wholesalers and merchants margins are pretty much constant, it should mean a reduction of circa €60 a ton

Now after saying all the, fert will probably be up €50 a ton in the morning

Thanks Bob! Swift, decisive instruction.
I'll sit tight for now. Who Knows, he may reduce to clear his yard yet;)
If it does go up by €50/ton, I know where you hang out:D

bob charles · 02-12-2013 02:54PM

PatQfarmer wrote: »

Thanks Bob! Swift, decisive instruction.
I'll sit tight for now. Who Knows, he may reduce to clear his yard yet;)
If it does go up by €50/ton, I know where you hang out:D

You know what they say about opinions. I reckon you will be able to bid a merchant at the moment. Cheque book out on the counter and his name written on the top of the cheque, maybe too much for some merchants to refuse. Make sure your dealing with the organ grinder and not the monkey. Things are not all too rosey in the garden for merchant on the feed side of things and they may prefer to only take a tenner a ton on old fert stock to buy back in cheaper stock. I cant enquire of my fert merchant as the price for new season for obvious reasons

:D

Brown Podzol · 02-12-2013 03:03PM

bob charles wrote: »

You know what they say about opinions. I reckon you will be able to bid a merchant at the moment. Cheque book out on the counter and his name written on the top of the cheque, maybe too much for some merchants to refuse. Make sure your dealing with the organ grinder and not the monkey. Things are not all too rosey in the garden for merchant on the feed side of things and they may prefer to only take a tenner a ton on old fert stock to buy back in cheaper stock. Can cant enquire of my fert merchant as the price for new season for obvious reasons :D

And it's costing him c. 2euro a ton a month on bank interest charge.

Farmer Pudsey · 02-12-2013 09:01PM

I am in the same quandary myself Pat would suit to buy before end of year but will price and see.

mahoney_j · 02-12-2013 09:07PM

Farmer Pudsey wrote: »

I am in the same quandary myself Pat would suit to buy before end of year but will price and see.

In the market for urea and 18 6 12 and if I can't buy urea for 350 to 370 a tonne
Or 18 6 12 for simillar I'll hold off till January.bought urea for 420 in September and thought 'twas dear at that

trixi2011 · 02-12-2013 10:25PM

Urea prices have plummeted over this side of the world in recent times:D, $580 a ton now been linked to lower global demand and the introduction of new urea plants in Asia.

kevthegaff · 03-12-2013 09:05AM

wasnt potassium meant to go down 100$ a tonne or has it happened yet??

Brown Podzol · 07-12-2013 09:03AM

One of my fert merchants told me yesterday urea and can set to increase 30 euro a ton to him for his next order.

bob charles · 07-12-2013 09:04AM

Brown Podzol wrote: »

One of my fert merchants told me yesterday urea and can set to increase 30 euro a ton to him for his next order.

Im hearing this aswell, but unsure to believe it. Prices are tempting. Importers are full of dear product so will do everything to increase price I have a feeling. Saw the First load of fert on the road yesterday out of one of the wholesalers yard :eek:, usually it would be starting to rocket out at this stage, merchants have nothing in the yard

mahoney_j · 07-12-2013 09:37AM

bob charles wrote: »

Im hearing this aswell, but unsure to believe it. Prices are tempting. Importers are full of dear product so will do everything to increase price I have a feeling. Saw the First load of fert on the road yesterday out of one of the wholesalers yard :eek:, usually it would be starting to rocket out at this stage, merchants have nothing in the yard

I'm hearing around 380 for urea but it's fairly hush hush.still all old stock and loads of it in my merchants yard,well hidden in sheds though!!.o offered 350 and waiting for an answer.18 6 12 about 410

hammer73 · 07-12-2013 10:24PM

bob charles wrote: »

Im hearing this aswell, but unsure to believe it.

You better believe it! Prices strong and on the rise. You could do worse than get some now. Impossible to tell where it will be in March but it will be well up from where it is now.

99nsr125 · 08-12-2013 10:28AM

There's a good premium being charged at the moment

UK 0.24.24 (equivalent to 0-10-20) blend is typically available at about £275/t (330 Euro) bagged delivered farm; as of October

We couldn't get a quote from our normal supplier for 0-10-20 for
any less than 420/t, didn't go for it.

http://www.farmersguardian.com/home/business/on-farm-buying-caution-despite-falling-fertiliser-prices/59247.article

mahoney_j · 08-12-2013 11:24AM

hammer73 wrote: »

You better believe it! Prices strong and on the rise. You could do worse than get some now. Impossible to tell where it will be in March but it will be well up from where it is now.

You a rep or something hammer??.can see fertliser been well back next year.some big cartel in Eastern Europe was broken up and prices will fall back.deals will be done for urea at 350 to 400 max and compounds like 18 6 12 and pasture sward etc will be all sub 400.hopefully!!

mahoney_j · 08-12-2013 11:24AM

hammer73 wrote: »

You better believe it! Prices strong and on the rise. You could do worse than get some now. Impossible to tell where it will be in March but it will be well up from where it is now.

You a rep or something hammer??.can see fertliser been well back next year.some big cartel in Eastern Europe was broken up and prices will fall back.deals will be done for urea at 350 to 400 max and compounds like 18 6 12 and pasture sward etc will be all sub 400.hopefully!!

hammer73 · 08-12-2013 11:34AM

mahoney_j wrote: »

You a rep or something hammer??.can see fertliser been well back next year.some big cartel in Eastern Europe was broken up and prices will fall back.deals will be done for urea at 350 to 400 max and compounds like 18 6 12 and pasture sward etc will be all sub 400.hopefully!!

Yeah, selling for Yara. The cartel hadan effect on the price of potash, so wont influence the price of CAN and Ureaand will have little effect on the like of pasture sward due to the smallamount potash in it. Nitrogen is the main driver in the price of fertiliser soif that keeps rising like it is the compounds will follow.

jersey101 · 08-12-2013 11:35AM

Im hoping to spread a bag of maize starte on the milking block come jan/feb. Grassland agro have a 19-16-0. Will try spread another bag in autumn then and spread can the rest of the year

funny man · 08-12-2013 11:39AM

I reckon there is a big fall coming, i have been contacted by my merchant offering Urea at €335 and CAN at €275. he tells me that prices are on the rise and he has nearly all that stock sold, but thats not what i'm hearing.

f140 · 08-12-2013 11:40AM

jersey101 wrote: »

Im hoping to spread a bag of maize starte on the milking block come jan/feb. Grassland agro have a 19-16-0. Will try spread another bag in autumn then and spread can the rest of the year

what price roughly is that around. I need to spread p according to my soil samples. so was looking at that for a once off or else go with a few rounds of 25-4-0. any ideas of the price of either or I can ring the coop anyway tomorrow

hammer73 · 08-12-2013 11:45AM

funny man wrote: »

I reckon there is a big fall coming.

What makes you think that there is a big fall coming?

jersey101 · 08-12-2013 11:45AM

f140 wrote: »

what price roughly is that around. I need to spread p according to my soil samples. so was looking at that for a once off or else go with a few rounds of 25-4-0. any ideas of the price of either or I can ring the coop anyway tomorrow

havent a clue. Were soil sampleing next month and grassland are going to give us a deal on what we need. So they said any eay

funny man · 08-12-2013 12:00PM

hammer73 wrote: »

What makes you think that there is a big fall coming?

nothing other than the panic that merchants are doing to get rid of stock.

mahoney_j · 08-12-2013 12:13PM

funny man wrote: »

I reckon there is a big fall coming, i have been contacted by my merchant offering Urea at €335 and CAN at €275. he tells me that prices are on the rise and he has nearly all that stock sold, but thats not what i'm hearing.

Urea at 335 u might pm me a contact for that lad,that's a very good price .gran urea I presume

mahoney_j · 08-12-2013 12:15PM

funny man wrote: »

I reckon there is a big fall coming, i have been contacted by my merchant offering Urea at €335 and CAN at €275. he tells me that prices are on the rise and he has nearly all that stock sold, but thats not what i'm hearing.

Urea at 335 u might pm me a contact for that lad,that's a very good price .gran urea I presume

hammer73 · 08-12-2013 12:49PM

mahoney_j wrote: »

Urea at 335 u might pm me a contact for that lad,that's a very good price .gran urea I presume

Your right, 335 if its Gran Urea is a very good price and 275 is very good got CAN as well.

bob charles · 08-12-2013 01:52PM

I cant see how you guys consider CAN at €275 good value, we were buying this in September for €290

Sure as you all know, to sell something fast you have to up the price

mahoney_j · 08-12-2013 02:06PM

bob charles wrote: »

I cant see how you guys consider CAN at €275 good value, we were buying this in September for €290

Sure as you all know, to sell something fast you have to up the price

Can at 250 or under is what I'd consider good value at the moment.on the Yarra fertliser how do lads find it .got results from there 27 2.5 5 and sulphur last year but didn't nAke much of there urea.much happier with gouldings stuff

mahoney_j · 08-12-2013 02:07PM

bob charles wrote: »

I cant see how you guys consider CAN at €275 good value, we were buying this in September for €290

Sure as you all know, to sell something fast you have to up the price

Can at 250 or under is what I'd consider good value at the moment.on the Yarra fertliser how do lads find it .got results from there 27 2.5 5 and sulphur last year but didn't nAke much of there urea.much happier with gouldings stuff

Fertiliser prices - Forward buying

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