Feel free to post your economic, business and political news, reports, and predictions concerning the U.S., Canadian, and world economy here. Please keep threads and posts on-topic.
by JerrySpringer » Wed Jun 01, 2022 10:29 am
I am assuming that building urea production plants will take too long and cost a lot of money. Meanwhile, shortage of urea will immobilize some OTR diesel trucks. Which means higher prices and the cycle will feed on itself with lack of workers to boot.
https://www.theguardian.com/australia-n ... pply-chain
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by coppernickel » Wed Jun 01, 2022 3:16 pm
Thank you for sharing.
I know Australia is more "Mad Max" country, but give it time, those chickens will come home to roost.
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by sparechange » Thu Jun 02, 2022 2:46 pm
Yikes!! Sounds like DEF is another item to stock up on especially if you have any modern diesel engines in your fleet. It might also make a good barter item at some point. I think the shelf life is only a couple of years if stored properly. This assumes that diesel is still affordable and readily available. Urea is a supplement for some livestock, which might cause other issues.
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by Cu Penny Hoarder » Tue Jun 07, 2022 6:36 am
I know a guy who is a homesteader. He stores/uses jars of his own urine/urea for the crops he plants.
Time is precious, stop wasting it.
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by knibloe » Wed Jun 08, 2022 9:44 am
Urea is also a major source of nitrogen for fertilizer. This will mean lower food productuon and/or higher prices.
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by fasteddy » Wed Jun 08, 2022 12:20 pm
my UREA cost have nearly doubled to a little over $1200 a ton....no shortage here...I just bought another ton last week.
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