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The Mosaic Company Message Board

  • calm_under_pressure50 calm_under_pressure50 May 10, 2012 9:08 PM Flag

    nice knowing you MOS

    According to the U.S. Department of Agriculture, 2012 is going to be a great year for corn. Thanks to favorable prices and the arrival of a mild and early spring, the USDA predicts farmers will plant some 95.9 million acres of corn this year -- the most acres planted since 1937. And that's horrible news for the fertilizer companies.

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    • How is a lofty PROJECTION and ESTIMATION from the perma bull US dept of Ag of 96M acres of corn "horrible news for the fertilizers"??!

      The greater the acreage planted the greater tonnage will be applied ahead of the plantings. The soil is depleted and corn is very fert intensive. That just means a greater amount of ferts applied, so greater amount of ferts sold, so greater amount of money made by the ferts. Besides, their estimates are always lofty and never come true, time will tell how much actual corn is harvested, thats another story. Many acres are changing to soybeans which use even more potash than corn and soybean prices have been climbing. Even if corn went down to $4, its still lucrative for farmers and fert producers. Do some DD, you have no idea what you are talking about or you do know but you went short or trying to bash it to get in lower. Sad.
      Try again...

 
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