Sept 1, 2022
Dec '22 corn - $6.58
NOLA urea - $695
Ratio - 106 bushels per ton of urea
Today
Dec '22 corn - $6.28
NOLA Urea - $500
Ratio - 79 bushels per ton of urea
Spending 27 less bushels today for the same urea ton.
Higher grain prices is not always the best value.
I say it now and I will continue to say this: you need to work WITH your retailer. You need to stop seeing them as an adversary.
If they knew exactly what was going to happen in markets, they wouldn't be a retailer...
All, I watch these markets like a hawk and I didn't see what happened last week/this week happening.
Your retailer is one of the cheapest workers on your farm. They build that storage to meet your demand. They buy those rigs for your demand. They do a lot of important things.
Walking a strip til vs no strip til trial. No fertility in the strip- the strip is the only difference strip til corn is 2 growth stages ahead and a ton more biomass.