M1972

CF Industries: A Fertilizer Company That Doesn't Stink

It is understandable for the ferts stocks prices to have risen over the past year or so, as most of the fertilizer products have tripled/quadrupled in price. However, there is a serious lull in the current ferts markets. Phosphate prices have receded to the tune of $70 pmt, urea has come off from record highs a few months ago, MOP prices have been stagnating with new spot sales no longer being concluded at $100 pmt increments. It is tough to see what today's hype in ferts stocks are all about. One explanation is the lack of alternative investment targets. Financials? Real Estate? Consumer Staples? Technology? I did not think so either...