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Strategies & Market Trends : Value Investing

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Area51
E_K_S
To: E_K_S who wrote (67005)3/31/2021 2:37:46 PM
From: Elroy2 Recommendations  Read Replies (3) of 78748
 
Today’s USDA report bullish for corn.

Corn, soy futures hit daily limit on bullish USDA data

farmprogress.com

Corn crops are a major consumer of the fertilizers that UAN produces

The price of corn is going up

markets.businessinsider.com

Fertilizer prices continue to climb.

dtnpf.com

I hope everybody is on the UAN train.

Choo choo, leaving the station, toot toot, UAN train is starting its journey to Scrooge McDuck land.

The last time fertilizer prices were this high UAN was $200 and distributed as much as $22 per year (2011). Since then UAN acquired a second manufacturing facility which increased its capacity by 50% over the 2011 capacity level.

Choo choo!
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