megiddo666

The Agriculture Boom Goes Bust

I disagree with the fertilizer thesis as stated above. First of all, higher rates on fertilizer stockas are expected to go into effect on Sept. 1st, additionally, if you look at global pricing -- such as that being planned in Pakistan, for DAP, etc. the prices are going up. Throw in uncertainty of Russian potash production not being disupted again and there is additional catalyst in the stock pricing. The stocks have declined perhaps on the rotation into financials, but the fundamentals fo fertilizer demand have not changed...There is not enough food in the world and fertilizer helps meet that demand.

Disclosure -- Long POT, MOS, AGU, CF, CAGC.OB, SQM.