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Adding Fertilizer and Mulling the Market as a Commodity

it's a good thing FDX isn't getting hurt by high oil. yes, just the consumers, not stocks like fdx or ups. the high price of oil will filter through and hurt retailers, transports and eventually, ags. the chinese/indians and others who are starving will go back to eating rice oriented diets instead of protein as protein requires a lot of ridiculously priced fertilizer and most of these countries are self sustaining as far as rice is concerned. everyone in the ag trade assumes there is no substitution at higher prices of fertilizer. there is and this is why the price of rice is skyrocketing. a high price of rice is bearish for fertilizers. why? because rice requires no fertilizer and its high price is portending a move away from corn/protein based diets. if I'm a vietnamese national, do I pay 4 months of salary for a cheesburger or a few cents for some healthy and nutrious Pho. If I'm an Indonesian, do I spend a fortune on a rib eye or settle down for some basically free nasi goreng?

Ag Chemical Stocks Reach 52 Week High

sorry but in a bad market, all stocks suffer, especially stocks trading at about 40 pe's. expect pot to gravitate back to $100