Matt
Member
- Location
- herefordshire, uk
heard forfarmers have torn up some feed contracts.... claimed force majeureThat could apply to many other suppliers too.
heard forfarmers have torn up some feed contracts.... claimed force majeureThat could apply to many other suppliers too.
CF haven’t offered any fresh terms since they announced the closure, so are yet to take advantage of these mental high prices, it’s only been imported gear or product held in merchants stores that has benefited from the price rises.
Several of my July loads got delivered today, so am still thinking all will get delivered.
C B
They make fertiliser and have been helped along by government to do so. They could start selling it. They know they are creating panic by not selling. The importers are at least selling it and are giving farmers the choice to buy or not.CF haven’t offered any fresh terms since they announced the closure, so are yet to take advantage of these mental high prices, it’s only been imported gear or product held in merchants stores that has benefited from the price rises.
Several of my July loads got delivered today, so am still thinking all will get delivered.
C B
heard forfarmers have torn up some feed contracts.... claimed force majeure
Is that on straights or compound?heard forfarmers have torn up some feed contracts.... claimed force majeure
Yeah if that’s true a cautious approach is well advised!!Really? That's not on. I won't be selling my contract to them if thats true and they're that shaky
I’d do it average purchase price. How do you know when you want to buy your replacement and what price would it be at that point?When it comes to applications calculations how should N be priced? Replacement cost or purchase price? Cannot make my mind up!
They need to supply existing orders first. The government has helped them to keep co2 flowing not fert.They make fertiliser and have been helped along by government to do so. They could start selling it. They know they are creating panic by not selling. The importers are at least selling it and are giving farmers the choice to buy or not.
Well you could use the price next spring as replacement cost? I always ignore anything other than the price I paid, not so sure this is necessarily the right approach ATM.I’d do it average purchase price. How do you know when you want to buy your replacement and what price would it be at that point?
Good question, I guess you need to need to factor forgone revenue as to what you could sell it or replace it at, so replacement cost. Depends if you want to make yourself feel happy or sadWhen it comes to applications calculations how should N be priced? Replacement cost or purchase price? Cannot make my mind up!
I only think about the fertilizer trade when I am shooting vermin. Which makes me happy.Good question, I guess you need to need to factor forgone revenue as to what you could sell it or replace it at, so replacement cost. Depends if you want to make yourself feel happy or sad
CB
Still cannot get over the government paying to make Co2 when so much has been broadcast and written about how bad Co2 is for the planet.They need to supply existing orders first. The government has helped them to keep co2 flowing not fert.
What you could sell it for only figures if you wouldn’t lose output by selling it. (Why did you buy fert in the first place if you didn’t think it was going to improve your output!)Good question, I guess you need to need to factor forgone revenue as to what you could sell it or replace it at, so replacement cost. Depends if you want to make yourself feel happy or sad
CB
What I was told yesterday by a reputable source.Really? That's not on. I won't be selling my contract to them if thats true and they're that shaky
Compound I assumedIs that on straights or compound?
Just had a quick bash at it and for me I’ll be keeping and applying the N.An interesting calculation for people who got their N brought early would be profit from applying all fert to crop and getting average yields versus profit from selling 50% of your N plus 70-75% average yields.
Could give some interesting answers!