SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bruwin who wrote (66814)3/5/2021 9:17:12 AM
From: Elroy1 Recommendation

Recommended By
Area51

   of 78890
 
BUT then, after one good month's price, it's down ~20% to $232.50 the following month, and it's then all "downhill" from there reaching predicted lows of around $181 to $160 later in the year.

True. But back in Jan the price decline was forecast for Mar and April, now the forecast is for April to be up dramatically. I chalk this up to the “we don’t know the future”.

If fertilizer prices do collapse, then the UAN unit price appreciation story may never occur. Agreed. But if prices stay around $260 for UAN32 and &450 for ammonia, it seems like UAN will begin throwing off cash, and the nuts should go up quite a lot.

So.....I watch the fertilizer prices. The latest move is STRONGLY higher. That’s good news.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext