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Alias Born | 12/01/2005 |
Wednesday, May 01, 2013 4:44:21 PM
I added early, and got stomped again.
At this point, I'll probably just ride it out for the long haul.
It crossed above and below my second entry.
I saw an article that tied the decline to Nat Gas cost, and explained that they actually have it hedged. If Gas stays high, they should start marking up the product, and just make more money on the same margins. It shouldn't be a surprise to consumers because all manufacturers are in the same boat. The hedge should cover the transitional period, but there could be a rough road.
Consumers may reduce their purchases, but it would be hard for a farmer to decide not to grow crops.
Recent CF News
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