Fert increasing 10 fold in the next 10 years, and oil and gas (the product input used to make fert) potentially as cheap as it has been in 5-10 years. Sounds like an increasing profit spread to me and they have already been going strong as they currently sit. Not sure why more analysts haven't jumped on lower priced fert companies more so. Even with lower commodity prices they may decrease planting slightly, but nothing drastic. Farmers will still used fert. Not to mention the ever increasing global demand as global production increases.