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[url=http://www.boerenbusiness.nl/video/bb-tv/video/10876091/prijs-van-phosphaterechten-is-veel-te-hoog][/url]
That is how it is, substantial buffering, so that there will soon be money to buy phosphate rights that are becoming very expensive.
You don't need them yet, so I wouldn't spend any money on them now.
Who currently wants to sell phosphate rights for €200??
Neither does anyone!!
All those big new stables have to be filled, and everyone is going to fill up that 8,4% discount and if the market is already €9000,-/cow, while the rights have not even been awarded yet, well then... just wait and see.
It simply cannot be otherwise than that these rights become very expensive, otherwise nobody will sell.
Also don't forget that as a seller you are also immediately finished.
And just look at how it once started trading milkq. At the time, the depreciation period was initially 3 years, then 5 years and when it turned out that this was no longer financially feasible for the buyers, it became 8 years.
Marijn also forgets to mention that these new stables meet the latest environmental requirements and that no asbestos roofs need to be replaced. They don't have to reserve money for that.
