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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (31762)	7/26/2019 9:30:50 AM
From: robert b furman	Read Replies (1) \| Respond to of 34328

Hi E_K_S, Modern AG equipment coupled with satellite pictures has reduced the overall need for fertilizer. The Grand Solar Minimum and its related greater rainfall had delayed corn planting and for those who did get the crop in, a very substantial portion of the local crop here in Eastern Wisconsin has lot of yellow corn plants. Once planted the seed must germinate and the roots must grow down into where the fertilizer is layered. If too much rain occurs, the fertilizer leaches out and yellow corn plants happen. There will be a need for additional fertilizer to be sprayed on the existing plants. So lots of rain = fertlizer demand growth. That fertilizer application may be deferred and added when insecticides are applied to reduce worms during the cob forming that happens later. Much of the corn here is raised for feeding Dairy cows. That kind of corn is not grown for seed, but for the silage value of the stock and leaves. It is chopped and blown into storage silo's or layed on the ground in huge vinyl bags. There's a lot of yellow corn in many fields and I've yet to see any additional fertilizers being applied. That being said it is still early for corn. The spraying cycle now being done is herbicides on wheat and oats. Bob

To: E_K_S who wrote (31762)	7/26/2019 9:35:46 AM
From: Elroy	Read Replies (1) \| Respond to of 34328

One main reason I started a position in UAN was Carl Ichan's investment. He owns a large stake in CVRR. I think your analysis is off by a bit. Ichan owns a large stake (maybe 100%?) in CVI, the parent MLP. CVI owned 80% of CVRR, and recently bought the remaining 20% which was owned by the public. CVRR is now 100% owned by CVI. I don't think he paid a premium for it, he just said he would give the public unit holders the average price of CVRR over the previous 20 trading days. So........he used his control of the parent to benefit himself, perhaps at the loss of the public unit holders. I worry he may do the same thing (or something similar for UAN). If it's outlook is AWESOME, and he can use CVI's controlling interest (53%) to force a sale to CVI at "market prices", it's not good for us poor public unit holders....... CVI owns 53% of UAN. If repurchasing the expensive UAN 9.5% debt is a good idea, why in the world didn't UAN prepare and do it the first day / week it was possible? I wonder.