S. IL | GlugMethod - 3/2/2026 08:08
Was listening to a podcast the other day and they mentioned there was a lot of social media buzz about supposed massive profit increase year over year. Sounded like a lot of that came from automation in potash mining maybe, but also not my first time around the block and when you have a publicly traded company they will take everything they can because shareholders. Regardless of exactly why they had a massive increase, it is worrying to see this world of consolidation + seeing the fact that companies are not here to use automation to make things more affordable... they are here to lower costs as much as they can and charge as much as they can.
I know a lot of old timers here will say "yeah nothing new there" - but it makes me wonder who to support when I spend my dollars on inputs whenever I have any sort of choice... sometimes we don't but these companies seem out for blood sometimes.
"More money in milking the farmer than milking the cow"
The bigger issue I have with supporting Nutrien is they are the only company that I know of that actually manufactures fertilizer (literally own potash mines, nitrogen manufacturing facilities, etc.,) and sells at the retail level. So when we complain about high fertilizer prices, they are one of the few companies out there we can actually blame as they set the price. Yet I have neighbors that will still defend them and give them money. Nothing that company does is in the best interest of the farmer, its in the best interest of the shareholder. |
Nutrien Profits - a larger issue? Who to support?
