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Old 11-14-2003, 06:11 PM
philk17088's Avatar
philk17088 philk17088 is offline
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Price Increases?

I'm planning to increase my prices for 2004 but can't get a handle on where fert prices are going to end up at. My suppliers are kinda mealy mouthed on fert prices and aren't too interested in giving me a contract price now for next year.

Any thoughts?
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Old 11-14-2003, 06:44 PM
rkk95 rkk95 is offline
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I talked with my rep from UHS their prices didn't go up as much as Lescos.
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Old 11-15-2003, 04:44 PM
cemars cemars is offline
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Fertilizer distributors and blenders buy the N,P&K they need in bulk quantities at pre-determined contract prices. These contracts are for a set period of time, most often 1-6 months. The reluctance to commit to a price is probably that they are not sure of what their cost will be.

Regardless of fertilizer pricing, the chances are other costs of doing business will increase such as fuel, insurance, labor, etc. I increase my prices 2-4% every year in order to keep profits growing, knowing that some things may cost a bit more and some a bit less from year to year, but the trend will inevitably be up.
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