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<blockquote data-quote="dyates" data-source="post: 582155" data-attributes="member: 7137"><p>Was talking to the guy at the fert. plant the other day and expressing my hopes that prices would come down. He tipped his glasses and looked over the rim and told me I better hope that they don't. Apparently the only way dealers have been able to secure a supply for next year is to pay in advance. If prices drop between now and then....well, there's another big belly flop. This same scenario also makes me wonder how big grain farmers are gonna survive. They can't guarantee their supply unless they pay ahead. I'm not sure how many lending agencies are gonna take that risk. If they do, and fert. prices fall and/or bad crop year....disaster. Of course, this is all directly tied to cattle as well.</p></blockquote><p></p>
[QUOTE="dyates, post: 582155, member: 7137"] Was talking to the guy at the fert. plant the other day and expressing my hopes that prices would come down. He tipped his glasses and looked over the rim and told me I better hope that they don't. Apparently the only way dealers have been able to secure a supply for next year is to pay in advance. If prices drop between now and then....well, there's another big belly flop. This same scenario also makes me wonder how big grain farmers are gonna survive. They can't guarantee their supply unless they pay ahead. I'm not sure how many lending agencies are gonna take that risk. If they do, and fert. prices fall and/or bad crop year....disaster. Of course, this is all directly tied to cattle as well. [/QUOTE]
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