What's going on with this company? The american farmer is getting a rip off from someone with the fertilizer prices. Maybe it's time for the company to get rid of the big money spenders and high dollor jobs. Maybe an early retirement program for some of the big wheels salary.
Yet! Prices are bad, but fert prices still have a ways to go before they hit the lows of the early 90's. E.g. Ammonia was below $90/ short ton NOLA, urea was in the pits at $60/ton, export DAP sold at an average of $126 metric ton ($114 short ton)and potash was under $100/metric ton at Vancouver in 1993!
Actually,as soon as the U.S. agricultural economy improves, fert prices are likely to bounce back.