Rocknrolllegend193's Comments Rocknrolllegend193's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/176637/comments Lynching Merrill: Is It Murder or Suicide? http://seekingalpha.com/article/89072-lynching-merrill-is-it-murder-or-suicide?source=feed#comment-224101 224101 Wed, 06 Aug 2008 12:05:32 -0400 Commercial Metals Earnings and the Domestic Steel Market http://seekingalpha.com/article/82197-commercial-metals-earnings-and-the-domestic-steel-market?source=feed#comment-213602 213602 Thu, 24 Jul 2008 13:54:13 -0400 The Agriculture Boom Goes Bust http://seekingalpha.com/article/86184-the-agriculture-boom-goes-bust?source=feed#comment-211974 211974
"It’s simple economics. Fertilizer prices are not inelastic. High prices are reducing total fertilizer use around the world. We could see a big impact on reduced consumption when the Q2 numbers come out in the next few days."

Wrong. Fertilizer prices ARE relatively inelastic. As long as there's a strong demand for food, farmers are gonna try and grow it. In fact, the precise reason for the recent spike in fertilizer prices is BECAUSE of the ever-increasing world food demand. There's a pretty direct correlation between fertilizer prices and food prices, because as DeltaXray7 wisely said, "If farmers want good yields per acre then they have to fertilze [sic]."]]>
Tue, 22 Jul 2008 22:02:53 -0400
"It’s simple economics. Fertilizer prices are not inelastic. High prices are reducing total fertilizer use around the world. We could see a big impact on reduced consumption when the Q2 numbers come out in the next few days."

Wrong. Fertilizer prices ARE relatively inelastic. As long as there's a strong demand for food, farmers are gonna try and grow it. In fact, the precise reason for the recent spike in fertilizer prices is BECAUSE of the ever-increasing world food demand. There's a pretty direct correlation between fertilizer prices and food prices, because as DeltaXray7 wisely said, "If farmers want good yields per acre then they have to fertilze [sic]."]]>
US Steel: Solid as They Come http://seekingalpha.com/article/85681-us-steel-solid-as-they-come?source=feed#comment-208894 208894 Fri, 18 Jul 2008 14:09:46 -0400 US Steel: Solid as They Come http://seekingalpha.com/article/85681-us-steel-solid-as-they-come?source=feed#comment-208893 208893 Fri, 18 Jul 2008 14:08:51 -0400 What Does a Hold Rating Really Mean? http://seekingalpha.com/article/83002-what-does-a-hold-rating-really-mean?source=feed#comment-206635 206635 Wed, 16 Jul 2008 03:54:55 -0400 Introduction to a Long Lecture on Oil http://seekingalpha.com/article/84849-introduction-to-a-long-lecture-on-oil?source=feed#comment-205178 205178 Mon, 14 Jul 2008 11:21:54 -0400 Qualcomm: Technology to Topology http://seekingalpha.com/article/79665-qualcomm-technology-to-topology?source=feed#comment-181973 181973 Mon, 09 Jun 2008 14:20:08 -0400