Loading ...IS EVERYTHING WE “KNOW” ABOUT FERTILIZER …BULLSHIT ?
OK…I am calling Bullshit on the whole food scarcity narrative. I am used to eating crow so I can do this !
IF the Russia Ukraine War is going to cause a FAMINE because of a lack of Planting due to lack of Fertilizer then How COME the LARGEST PRODUCERS IN CANADA AND USA have charts like THIS ?
Nutrien Ltd is Canada-based company, which is a provider of crop inputs and services. The Company operates through four segments: Retail Ag Solutions (Retail), Potash, Nitrogen and Phosphate
The Mosaic Company (NYSE: MOS) is the world’s leading integrated producer of concentrated phosphate and potash—two of the three most important nutrients in agriculture
Asshole Trudeau carbon taxing them now as he thinks the ammonia kills the atmosphere. They obviously want to starve us, add to it the Russia hype. NPK.to still hanging in tho as they are in Brazil
https://www.tradingview.com/news/mtnewswires.com:20220404:A2632736:0-verde-agritech-shares-up-following-disclosure-of-new-construction-plans/
Not sure I understand the question or the point. Yes, those charts are bullish and they should be as the fertilizer shortage, whether real or contrived, has led to higher prices, good for those companies. Doesn’t the war restricting Ukraine and Russia’s production and sale of fertilizer contribute to the bullish case? And if they have less Ukraine farmland in production because of the war (if that is true, not sure) wouldn’t that reduce wheat supplies in the short to medium term? I agree that food supply shortages are being made worse on purpose by the PTB as part of their overall narrative.
COMMODITIES
Politics
News Wire
Company News
Nov 1, 2018
Trudeau’s carbon plan will hurt investment, fertilizer maker says
Jen Skerritt and Josh Wingrove, Bloomberg News
Prime Minister Justin Trudeau’s climate plan makes it difficult for the nutrient sector to invest in Canada, and could drive more production to China, according to the head of U.S.-based CF Industries.
Tony Will, chief executive officer of the Deerfield, Illinois-based nitrogen producer, said Thursday that he’s looked at expansion in Canada — where it already has some operations — but the labour costs and “governmental actions” make any investment challenging.
“The Trudeau government and some of their carbon backstop legislation makes it really challenging for us to want to put any kind of new capital up there right now,” Will said on the company’s third quarter earnings call. “They’re doing things that are really anti-business and make it very difficult for us to want to spend money in that particular area.”
The world needs nutrient production and it could end up being driven to China if other plants shut down, he said. Trudeau’s carbon plan, unveiled last month, will tax fuel and also the outputs of big emitters in Ontario, Manitoba, Saskatchewan and New Brunswick.
The charts are potentially Bearish CM…head and shoulders tops …obviously
Getting way ahead of yourself. Of course any chart that is up so much is “potentially” bearish and I certainly wouldn’t go long at these levels,but they have only corrected to the 50 day. While it is possible they deteriorate further too early to be looking for H&S tops. I agree in your questioning of the whole food shortage narrative, just don’t see a play?
No sign of food shortage, yet. Costco still bulging, meats selling at steady prices for last three months. Got some real bargains yesterday – sale on pork loin, under $4 a pound.
Re Fertilizer: there may not be shortages in North America, but the rest of the world is hurting. Countries are already restricting food exports, AND fertilizer exports. Top fertilizer supplier in USA had to reduce shipments by 20% due to supply chain snafus at the railroads. Don’t think that will affect planting and growing?
Things roll along fine…until they don’t. And we are drawing close to “don’t.”
In Florida, there is a huge former agricultural area. 80%+ of those farmers – veggies and fruit – are gone. Out of business. Sold out. It all went to Mexico. So now we rely in Mexico for these food products. What’s gonna happen when Mexico says “no more food exports – we need them to feed our own people.” Or what is happening to prices already as transport prices explode.
Be patient, Fully. If you can wait as long as we have for something good to happen in gold and silver, you can surely wait a few months for famine to begin…..
“It all went to Mexico. ”
Local prices in AZ reflect their proximity to that.
https://www.superstitionranchmarket.com/produce-department
(These are typical for this market, but not for chain grocers.)
This is one story I heard. It’s called NO PLACE TO HIDE.
The Bond Bubble is bursting.
The Stocks Bubble is Bursting
The Real Estate Bubble is Bursting
This selling take down Commodities and Precious Metals.
So what about Cash? The broken Supply Chain will raise prices on everything you need.
So Cash will lose value too, but cash is probably your best bet.
“It’s called NO PLACE TO HIDE”
That’s how I see it.
Higher costs don’t ensure higher prices at current volumes. Sales volumes just drop.
Higher rates are killing share buybacks. For everyone. And margin calls, for everything.
My brothers and I own a small farm and use a tenant farmer to run it. The story I’m being told is farmers across the Midwest already have their fertilizer for this year. Same with seeds. They pay for them in the fall and they were already in the pipeline when all this started. What has EVERYBODY sweating is Next year. Where we would normally plant corn we’re shifting to winter wheat and a short maturity soybean because they don’t require the high fertilizer inputs. Just my 2 cents.
Excellent point. Thanks for the take from someone in the know.