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I can't really speculate on the futures pricing on fertilizer at the moment as this I kinda unprecedented with the current situation we have. But I can tell you this is just the beginning of spring planting and those spot prices if you look at them do not look very good. The momentum is straight up at the moment and like I said the demand is nowhere near peak yet. I figure it hits 2800 or so before it slows down some but I could be all wet on that.

Biggest issue is you have to have it to produce the yields that are being demanded. Until the commodity prices react some I think some farmers may choose to leave some land out of rotation this year. But then again what do you do. If you don't plant it you don't get a crop and no crop no income.

I also do a bunch of custom work both planting and harvesting for other local farmers as it is more lucrative but as this has all unfolded many of my customers have already canceled plans for me to farm their fields even before I have told them that harvesting costs will be double this year. I would say about 80 percent have already bailed on me this year. Gonna be a hard year for everyone I reckon.