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Fertilizer Prices?
What are you guys seeing for fertilizer prices? Do you have any quotes for next spring yet?
Here's some Illinois info.
http://farmdocdaily.illinois.edu/2012/10/current_fertilizer_prices_natu.html
"Summary
Anhydrous ammonia prices are currently around $850 per ton, with uncertainty about prices in the spring of 2013. A colder winter and more corn plantings likely will lead to higher prices and vice versa. Longer-term, nitrogen fertilizer production capabilities mayl be increased, leading to downward pressure on nitrogen prices.
DAP is currently in the low $600 per ton ranges and potash is near $600 per ton. These ingredients have not varied in price much in recent months.
Issued by Gary Schnitkey
Department of Agricultural and Consumer Economics
University of Illinois"
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Re: Fertilizer Prices?
This fall I payed $579 potash, $648 MAP and prepaid 28% at $360. There you go, I`m all locked in, the highs are all in for fertilizer.
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Re: Fertilizer Prices?
Haven't gone as far as pricing yet, but I am planning on soil sampling and fertilizing accordingly. I usually apply most of my fertilizer in the fall, but I am considering on waiting closer to planting time. If we don't receive significant fall and/or winter moisture, I might reconsider the quantity I will be applying. The drought really challenges you on decisions like this.
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Re: Fertilizer Prices?
I had to laugh, well it wasn`t funny for my wallet anyway. I told the fertilizer man to test a farm, it hadn`t been tested in 10 yrs. I asked him how it tested, he said "fine fine that farm is in good shape, it only needed a little so I already spread it" ...well his idea of "a little" was $130 a acre ..Ouch! I`d hate to see what he`d put on a farm that`s deficient. Oh well it goes in "the bank" and as long as a guy can keep his numbers good, the day may come with $2.50 corn that we`ll have to make withdrawals from that fertility bank.