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Non-Tech : Kirk's Market Thoughts
COHR 191.99+0.6%12:43 PM EST

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To: Kirk © who wrote (11712)8/13/2021 5:59:15 PM
From: Elroy  Read Replies (1) of 26824
 
Corn price.

markets.businessinsider.com

I don't know how labor intensive it is to make fertilizer, but I doubt it's very human intensive. There's nothing to assemble!

If you go back to 2011-13, UAN the MLP was around $200 per unit, and paying $17-$22 per year in distributions. With fertilizer prices where they are now, the company should be able to pay more than that per year.

Fertilizer prices continue to rise:

sec.gov

Today the federal government moved forward with plans to put tariffs on Russian imports of UAN fertilizer.

finance.yahoo.com

On the "bad news" side of the coin, the UAN CFO quit on Monday. Yikes! This news just came out after the close on Friday......

sec.gov

Eat some corn.
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