farmerm
Member
- Location
- Shropshire
There will be limits to this, there is a finite pot of money to pay for stewardship options!heard my old agronomist has lost 4000 ac crop walking to stewardship options.......bps loss driven IMO
Fertiliser Price Tracker
- Thread starter TFF
- Start date
Darius_Jedburgh
Member
CF halt production in the UK.
Before anyone sheds a tear for their shareholders, I'm thinking they will make much more profit from selling their hedged gas contracts than by converting it into Nitram.
CF Industries halts operations at UK facilities on higher gas prices By Reuters
CF Industries halts operations at UK facilities on higher gas prices
uk.investing.com
Before anyone sheds a tear for their shareholders, I'm thinking they will make much more profit from selling their hedged gas contracts than by converting it into Nitram.
This is serious now, and i would say it would increase the prices by a further 25%.CF halt production in the UK.
CF Industries halts operations at UK facilities on higher gas prices By Reuters
CF Industries halts operations at UK facilities on higher gas pricesuk.investing.com
Before anyone sheds a tear for their shareholders, I'm thinking they will make much more profit from selling their hedged gas contracts than by converting it into Nitram.
Attachments
CF Industries Holdings, Inc. Announces Halt of Operations at UK Facilities
Company Release - 9/15/2021DEERFIELD, Ill.--(BUSINESS WIRE)-- CF Industries Holdings, Inc. (NYSE: CF), a leading global manufacturer of hydrogen and nitrogen products, today announced that it is halting operations at both its Billingham and Ince, UK, manufacturing complexes due to high natural gas prices. The Company does not have an estimate for when production will resume at the facilities.
About CF Industries Holdings, Inc.
At CF Industries, our mission is to provide clean energy to feed and fuel the world sustainably. With our employees focused on safe and reliable operations, environmental stewardship, and disciplined capital and corporate management, we are on a path to decarbonize our ammonia production network – the world’s largest – to enable green and blue hydrogen and nitrogen products for energy, fertilizer, emissions abatement and other industrial activities. Our nine manufacturing complexes in the United States, Canada, and the United Kingdom, an unparalleled storage, transportation and distribution network in North America, and logistics capabilities enabling a global reach underpin our strategy to leverage our unique capabilities to accelerate the world’s transition to clean energy. CF Industries routinely posts investor announcements and additional information on the company’s website at www.cfindustries.com and encourages those interested in the company to check there frequently.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210915006088/en/
davidroberts30
Member
- Location
- pembrokeshire
The fert plant stopping,its not a planned plant shut down being blown out of proportion?
Or they genuinely shut it down for lack of sales/high inputs?
Or they genuinely shut it down for lack of sales/high inputs?
Doom and gloom
Member
Hold tight everyone,nothing goes up in a straight line,it will get better imho,don’t want it for 6 months
SilliamWhale
Member
I think grain is going to go up to follow suit to be honest. £250 may be the new normal. People won't grow it unless there is a return and the stakes get higher as the costs do
Doom and gloom
Member
With you on that one mr
YorkshireFarmer
Member
This serious now - there isn't going to be the tonnes to go round come spring just you wait jus spoke to my rep, got a load or two to do now soon as I get a price it's getting bought
Doom and gloom
Member
The best news re wheat at 250 is elms won’t get a look in and we can behave like proper food producers they seem to have gone quiet now anyway
farmerm
Member
- Location
- Shropshire
Fertilizer producer CF Industries Holdings Inc (NYSE:CF) said on Wednesday it was halting operations at both its Billingham and Ince, UK, manufacturing complexes, citing high natural gas feedstock costs.
The move comes amid a surge in European gas prices heading into winter on tight inventories, which has raised the procuring costs of natural gas, a key raw material used in nitrogen fertilizers.
European gas prices are hovering around $23 per million British thermal units (mmBtu) as of Wednesday, while U.S natural gas futures settled at a seven-year high of $5.460 per mmBtu.
CF is shutting down the facilities because the economics do not make sense, Ben Isaacson, analyst at Scotiabank, wrote in a note.
this- they’ll make way more selling their positions than the uk ag market will stomach.CF halt production in the UK.
CF Industries halts operations at UK facilities on higher gas prices By Reuters
CF Industries halts operations at UK facilities on higher gas pricesuk.investing.com
Before anyone sheds a tear for their shareholders, I'm thinking they will make much more profit from selling their hedged gas contracts than by converting it into Nitram.
Doom and gloom
Member
Merchants had news of this yesterday,was offered uk n at 400,told to buy or miss out
SilliamWhale
Member
Maybe but if there is an apparent climate crisis and extinction due then any loss of production will need to be paid for.
So who thinks fert will be dropping any time soon now?
www.business-live.co.uk
Manufacturing giant stops operations at both UK sites as gas prices soar
The firm, which employs around 600 UK staff, said it does not know when production will resume
www.business-live.co.uk
God I feel so smug.So who thinks fert will be dropping any time soon now?
Manufacturing giant stops operations at both UK sites as gas prices soar
The firm, which employs around 600 UK staff, said it does not know when production will resume
- Location
- Lincolnshire
Increased grain prices mean I'm buying more fert than planned, even at these prices.
- Location
- Lincolnshire
"we don't want nuclear"
But happy to import french nuclear energy.
Repeat using all industry except banking and media.
But happy to import french nuclear energy.
Repeat using all industry except banking and media.
