Posted by Texasmark on March 24, 2008 at 14:34:31 from (12.154.45.40):
In Reply to: Fertilizer Price posted by TomTex on March 24, 2008 at 13:11:23:
Hey Tom,
If you will go look at MOS, AGU, TRA, MON, and POT (Stock market ticker symbols for fertilizer supplier corporations) to name a few, you would have seen that for the past 6 months the price of this stuff has gone up 300% in some instances.
Yes it is driven by demand and some of the named suppliers limit production deliberately (and tell you so) to keep the supply short with the high demand which makes it tough for consumers like you and me.
I thought I would be smart and buy some stock in these companies to offset this but it didn't work out.
So, what I have done is informed my customer that the $25 5x6 high quality bale of sudan/sorghrum cross he is used to is now $50 and if you can't handle that, tell me now before I buy the high priced seed and fertilizer to grow yours. I'll just do for myself.
Things have changed and we had better get used to it and figure out how to handle it or get out of the business......like any other business.
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