People Still Need to Eat: Fertilizer Stocks Oversold [View article]
We will shortly experience more short covering in the fertilizer stocks. They were overbought and now are oversold. Duh! More important is the low potash inventories. I wonder if in the current credit crisis government might extend credit guarantees to farmers affected by the crisis. If they can't get the credit, the season will be lost. Its not quite the same as if I can't get credit to buy a new car. Do we want to see even higher food prices in the coming months?
The Real Reasons Fertilizer Stocks Are In the Dirt [View article]
I'm not seeing anything here speaking of how farmers can manage to get credit to make fertilizer purchases going forward. Its certainly a credit business.
People Still Need to Eat: Fertilizer Stocks Oversold [View article]
The Real Reasons Fertilizer Stocks Are In the Dirt [View article]