UP / Thumb of Michigan | jd4930 - 3/20/2026 15:22
Why do you have to store it? We buy a bunch every year that we jusy pull in the spring? Booked back in December, start pulling in a couple weeks when we get in the field
Here anyway- generally there are some savings by pre paying. There can be a lot of saving by taking delivery early. Enough to pay for storage facilities in a fairly short period of time in some cases.
Having been on the other side of the fertilizer deal at one time, a significant portion of my sales of fertilizer and chemicals happened 4 to 6 months before it was applied. My margins were smaller on those early sales, but all I handled was the paperwork. If I have to dump the product, store it, and load it again, the potential savings gets quite a lot smaller compared to never actually touching the product.
Forgot to add: generally speaking, potash is typically fall applied here. The same thing happens as it does with spring fert- the biggest cost savings is when the product is purchased and delivery taken late summer and applied right after harvest. So, theoretically, even on farm storage will be rolled 2X.
Edited by pat-michigan 3/21/2026 00:47
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Urea Storage...Would a Grain Bag Work???
