b-diddy

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    • Fri Jul 25th 02:26 AM
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      Potash Corp. Earns $2.82, a 220% Increase
      I don't understand how slightly lower corn prices is supposed to equal less fertilizer demand? If I were a farmer, lower crop prices means BUY MORE fertilizer to try to keep up my income level. The demand is still there to buy all of the crops farmers can grow so they will keep buying fertilizer as much as they can. A suspension of the ethanol mandate will INCREASE the amount of fertilizer demand because of the temporary corn price reduction it would cost. All Ag stocks will return to normal, the hedge funds are just waiting to get them as cheap as they can as the retail investor panics and sells. I am going to keep buying and buying and buying the lower it goes.
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