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shub

01/17/17 4:24 PM

#27 RE: Nitrogen #26

We have been inching back up from the utter dregs...The payouts have compensate for my cumulative losses over the years to some degree...
But folks gotta eat and farmers gotta fertilize.
Our cheap feedstock advantage has gone with the cheap nat gas prices and competition has entered the market.
Down but not out.
Given crop failures, rising fuel prices and the like, we'll do better.
I think controlling nitrogen run-off will become more urgent and that'll dent our sales. Offshore dead-zones ain't pretty or productive.