Hi Limitup,
Since you follow the Ag's much more closely than I and are much more knowledgeable.
Do you have thoughts on fertilizer prices as the Price of Ng has come way down ???
Ng price accounts for a substantial portion of NH3 production cost (call it 75 percent) for now, but is substantial.
I have attached a chart of NH3 Production plants as of a few years back. My understanding is that some have shut down. Don't know what the lag might be in ramping up production, but I think substantial capacity still exists.
Could have significant impact on our Ag production costs ???
See what you run into in your following of the markets.
Interested in your thoughts !!
Thanks, Lee