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Implement Alley Discussion Forum

Steel prices up 20% this week

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Hay DR

02-28-2008 06:38:38




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Companies that don't have their steel contracted could see more than a 20% increase in steel prices. Iron Ore went up 65%.




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MCL

02-29-2008 08:41:11




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 Re: Steel prices up 20% this week in reply to Hay DR, 02-28-2008 06:38:38  
Farmers got money to spend and everyone knows it.



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paul

02-29-2008 07:58:13




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 Re: Steel prices up 20% this week in reply to Hay DR, 02-28-2008 06:38:38  
Is there anything ag-related that has not gone up 33% or more in the past 6 months????? ??

--->Paul



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Texasmark

02-29-2008 14:18:54




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 Re: Steel prices up 20% this week in reply to paul, 02-29-2008 07:58:13  
Paul, you missed a decimal place. Since July of 2007, Phospate and potash supplier"s stock is up 300%. Not 33%

So, to be able to farm, I have to put investment money in fertilizer producers to offset what I have to pay when I go to buy what I need.

Mark



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