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524 South Hwy 156 Justin TX 76247 - 940-648-2751
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Market Update
February 27, 2009

Foresight would be such a valuable tool to have and especially in a declining economy. So here are some of our thoughts.

Native grasses are overall stable. CRP plantings are not taking large supplies but prices still remain high. Farming practices are changing due to commodity prices and changing consumer purchase. Overall there are just less producers of Native Grass seeds which are keeping the prices higher than many other markets.

Turf grasses are in much better supply than native grasses. Bermuda grass and cool season grasses have decreased in price. Decreasing demand over the last few months have had an impact on these supplies and we should see lower prices in the market place this coming year. Forage plants such as millet and sorghum are seeing record highs. A continued drought in Texas is impacting the demand. When it does rain these products can become very tight in 2009 with a continue drought having an opposite result. Small grains are just too early in the season to know other than commodity prices have dropped in 2009.

Fertilizer prices have dropped in the fall of 2008. It appears that manufactures have experienced record profits and are reducing production and not lowering prices further. We truly hope that fertilizer prices will continue to decline but it will be after the spring 2009 usage is completed.

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