Posted by andy r on December 10, 2021 at 16:40:24 from (208.126.193.44):
I only apply Ammonia in the spring. Year end prepay is coming up here in the next week or two. I know one of the largest fertilizer conferences in the US was just held where retailers, wholesalers, and fertilizer producers get together and make deals. Just wondered if anyone had an idea where prices are going to go this spring? Full service anhydrous was $1600 a ton here a week or two ago and it had to go on now. Someone who use to work in anhydrous wholesale thought they would try to hold the price up through the spring. This year it sounds like if you pay for it with prepay the company's are going to make you sign a document that says you must take it in the spring at the high price you paid. That way in the unlikely event that ammonia goes down in price you are not going to be able to back out and buy it cheaper somewhere else. We have had $1000 a ton ammonia before. Retired fertilizer wholesaler says it probably should be $500 higher with high natural gas, etc., but he says the other $500 increase is just plain due to greed and trying to grab some of the share of high priced corn. With P and K flirting with $1000 a ton soybeans might be my best option.
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