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Farm4Profit Podcast

Josh Linville - Fertilizer Market Breakdown: Nitrogen, Phosphate, and Potash

Mon, 2 Sep 2024

Description

In this episode, we’ll explore the current state of the nitrogen market, particularly in light of global events like the ongoing India urea purchase tender and the significant slowdown in Chinese exports. We’ll also touch on the phosphate market, where China and India play pivotal roles, and how these factors are impacting North American farmers. And finally, we’ll discuss the potash market, with a special focus on the potential impact of a Canadian rail strike on supply chains.Whether you’re a seasoned farmer or just curious about the forces driving fertilizer prices, stay tuned as Josh Linville provides expert analysis and practical insights to help you navigate these turbulent times. Don’t forget to like the podcast on all platforms and leave a review where ever you listen!Websitewww.Farm4Profit.comShareable episode linkhttps://intro-to-farm4profit.simplecast.comEmail [email protected] to YouTubehttps://www.youtube.com/channel/UCSR8c1BrCjNDDI_Acku5XqwFollow us on TikTokhttps://www.tiktok.com/@farm4profitConnect with us on Facebookhttps://www.facebook.com/Farm4ProfitLLC/ Want Farm4Profit Merch?  Custom order your favorite items today!https://farmfocused.com/farm-4profit/ Don’t forget to like the podcast on all platforms and leave a review where ever you listen! Website: www.Farm4Profit.comShareable episode link: https://intro-to-farm4profit.simplecast.comEmail address: [email protected]/Text: 515.207.9640Subscribe to YouTube: https://www.youtube.com/channel/UCSR8c1BrCjNDDI_Acku5XqwFollow us on TikTok: https://www.tiktok.com/@farm4profitConnect with us on Facebook: https://www.facebook.com/Farm4ProfitLLC/

Audio
Transcription

Full Episode

0.333 - 17.404 Josh Linville

Well, those were demand-driven rallies. Those were both ethanol-based. They boosted corn pricing. And so everything chased after that price on the way up. And then the second all that demand started to fall out and there wasn't anything left, it's flat. It all fell back down to the ground. Guys, this thing has been going on since late 2020, early 21.

0

18.745 - 39.181 Josh Linville

We have never seen a high-priced market like we have for this kind of length of time. And it's not just fertilizer. It's grains. It's everything across the board. It was crazy. Kind of easy, kind of exciting. Things were always happening. Every time you picked up the phone, there was some crazy black swan event. It always seemed to help out our situation. Now we're in the great reset.

0

39.201 - 48.992 Josh Linville

And great resets never happen because your input prices fall. It's always the other way around. It's always the grain prices go down. Then all the other inputs are like, boy, that stinks. I ain't going to drop my price.

0

51.144 - 73.555 Tanner

Ladies and gentlemen, farmers, ranchers, and distinguished guests, thank you for listening to the Farm for Profit podcast, where we discuss the latest ideas, methods, trends, and techniques available to help your farm achieve higher levels of farm profitability. Remember, if you aren't farming for profit, you won't be farming for long.

0

83.035 - 87.417 Taylor Ferguson

And listeners, welcome back to the Farm for Profit podcast. You got Tanner here. Corey's here.

88.098 - 88.958 Dave

And Dave's in the studio.

88.978 - 94.301 Taylor Ferguson

Oh, my God, he's back. He's back, in fact. I'm back? No, Dave.

94.681 - 96.422 Dave

Oh, I was on vacation for a little while.

96.942 - 98.383 Taylor Ferguson

That's all you do is vacation.

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