https://tradingeconomics.com/commodity/urea
++++++++++++++++
metmike: The same thing happened with the Ukraine war in 2022, with President Biden playing a major role in causing that by refusing to negotiate with Putin. In fact, shutting down the negotiations with the objective of defeating Russia in a war in Ukraine.
That was over 4 years ago and we are still paying a hefty price
This graph was only thru January 2026. The spike up since Donald Trump's war in Iran is above 600, only exceeded from Biden's war in Ukraine in 2022.
https://fred.stlouisfed.org/series/PCU325311325311
%20FRED%20St.%20Louis%20Fed.png)
on the bright side every producer has the chance to lock in fert prices and by a huge margin they do
Thanks very much, mcfarm.
I'm puzzled by your statement. How would a producer lock in favorable fertilizer prices right now???
Did you mean HAD as in late last year they could have locked in the much lower price???
Nobody has a crystal ball and could have know this was coming up. Maybe you know something as a producer that I don't about the current price.
Are the local farm co-ops offering huge discounts?
+++++++++++++
yes we lock it in over the winter. Most years it pays, problem is it has to be paid for. Major bite for the operating budget.
And ofcourse not many knew Iran was finally going to be dealt with as they most certainly should of been years ago, but just as producers hedge their grain sales this is hedging an expense. Many time future grain sales simultaneously so as not to be caught one sided.
Thanks, mcfarm!
i have 95% of fertilizer hedged, but will they be able to deliver???
Talked to my supplier said they will deliver. They were fearing for those who didn't have it bought, but they were still offering, but at very high prices.
Didn't get my fuel hedged, bummer!!
Thanks, cutworm!
Days like yesterday, when beans closed limit down because of Trump's comments about the meeting with China being postponed at the same time that fuel and fertilizer costs are soaring higher are not fun for producers.
I feel for you, man and was thinking about you guys when I started this thread.
At least the rapidly developing El Nino increases the chances for good weather this growing season but that's not assured.
Our last 2 really bad, widespread droughts in 1988 and 2012 were from La Nina's.
And the CO2 continues to slowly climb, providing FREEEEEEE atmospheric fertilizer to all crops, plants/trees on the planet which is massively greening up.
That is NOT going to change as long as CO2(from humans burning fossil fuels) continues to bless the planet with more of this beneficial gas(optimal level for life on this planet is 900 parts per million and we are not quite half of that currently but will never go over 600 ppm)
Death by GREENING!
52 responses |
Started by metmike - May 11, 2021, 2:31 p.m.
https://www.marketforum.com/forum/topic/69258/
+++++++++
Those that call it CARBON pollution don't even understand basic chemistry.
Carbon is a black solid. CO2 is a beneficial gas that just happens to have 1 atom of carbon in that molecule.
Thousands of things have atoms of carbon in them, INCLUDING ALL OF OUR FOOD!!!
Do we call H2O, the main greenhouse gas HYDROGEN POLLUTION because it has 1 atom of hydrogen in it?
We better cut back on drinking water because its HYDROGEN POLLUTION
The Beauty of Earth
35 responses |
Started by metmike - Feb. 25, 2025, 10:20 a.m.
https://www.marketforum.com/forum/topic/110136/
+++++++++++
Dream about Photosynthesis
Started by metmike - July 8, 2025, 11:19 a.m.
https://www.marketforum.com/forum/topic/113061/
++++++++
CO2 Finally Exonerated!!
33 responses |
Started by metmike - March 2, 2025, 8:56 p.m.
After everything that's happened the last 14 months, do you still think Biden sent the Russian army into Ukraine?
Do you still trust the sources that told you this tale?
The US has provided $0 in military aid to Ukraine since 1/20/25 & the war continues.