UAN - The variable distribution MLP that could go a long way Message Board

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Non-Tech : UAN - The variable distribution MLP that could go a long way

UAN 109.10

+0.5%

Jan 9 9:30 AM EST

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Elroy

To: Elroy who wrote (781)	5/20/2023 1:44:03 AM
From: Area51	1 Recommendation of 816

The corn chart has been tanking badly the last several days/weeks. But we had that nasty decline last summer to 5.60 also (this decline to $5.50 ish so far). I'm hoping this decline resolves similarly or at least corn stabilizes above $5. $5 corn may support $300 UAN, $600 NH3 in the heartland where CVR sells which is good for $20 a year distributions? If it heads below $5 then I'll either panic or do some controlled selling to manage my loses (depending on my mood and the rate of decline at that point). macrotrends.net

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