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Fertilizer Bulls Are Ignoring Planting Cycles

The author clearly notes that the thesis of fertilizer bulls revolves around two prongs, "surging world demand" and "the recent flooding in the Midwest". He explains their reasoning about flooding: “fertilizer bulls have argued that the flooding will act as a catalyst" as farmers replant. He specifically notes that he agrees with the bulls about one prong: "I have no doubt that the long-term thesis for fertilizer stocks is correct", before clearly zeroing in on just the flooding prong: "short term I believe that the fertilizer bulls are mistaken, as ...it is simply too late for farmers to replant in an economic manner." He goes on to do a good job substantiating his opinion. I don't think he could have been much clearer.