Price Increases?

Discussion in 'Pesticide & Herbicide Application' started by philk17088, Nov 14, 2003.

  1. philk17088

    philk17088 LawnSite Fanatic
    Posts: 17,386

    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?
     
  2. rkk95

    rkk95 LawnSite Member
    from west PA
    Posts: 165

    I talked with my rep from UHS their prices didn't go up as much as Lescos.
     
  3. cemars

    cemars LawnSite Senior Member
    Posts: 387

    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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