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CVR Partners, LP (UAN)

NYSE - NYSE Delayed Price. Currency in USD
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0.8105-0.0574 (-6.61%)
At close: 3:59PM EDT
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  • d
    dave169
    I just sent a note to IR... Hoping they are buying a lot of shares with this low price.

    I know they won't tell me anything of substance. I just wanted my voice heard.
  • G
    GoodTrade
    Trickle Down Economics? UAN trickles down and I keep buying. Honestly, I don't see it any lower but I've been wrong before. I felt .84 was the bottom range and it should have climbed back over $1 by now. Either company is not buying or someone is still dumping. I bet they (Company) will buy a chuck before Sep 30 to report in their next quarterly report. That should give us a bump soon...
  • r
    richard
    China is hungry

    Bloomberg News reported earlier this week that, “The corn harvest in [China] the world’s top producer after the U.S. is being closely watched as demand for hog and poultry feed expands and state reserves dwindle, pushing local prices to the highest in five years. Purchases from the U.S. and Ukraine already exceed 10 million tons, and they could hit 20 million tons if U.S. prices stay competitive, said Feng Lichen, chief analyst with portal www.yumi.com.cn. That would make the country the world’s largest importer.
    “The buying also helps meet commitments under the U.S. trade deal. Imports that have been mostly ordered by state-owned companies are sold at a discount to local prices to benefit animal-feed mills in the south, said Feng.
    The surge in shipments has sparked speculation that China could become chronically dependent on the world market for large supplies, as happened with soybeans, where it accounts for more than 60% of global imports.
    “Chinese buying has helped push Chicago corn futures to the highest level since March.”
  • r
    richard
    Retail fertilizer prices tracked by DTN for the first week of September 2020 are more mixed than in recent weeks. Five of the eight major fertilizers were lower, while the remaining three nutrients were higher.Despite the more diversified prices, no fertilizer was up or down a significant amount, which DTN designates #$%$ or more.??The fertilizers with lower values were potash with an average price of $348/ton, down $9; 10-34-0 $459/ton, down $6; anhydrous $436/ton, down $19; UAN28 $216/ton, down $6; and UAN32 $254/ton, down $8.The three fertilizers that were slightly higher in price include DAP with an average price of $431/ton, up $15; MAP $442/ton, up $12; and urea $361/ton, up $7.On a price per pound of nitrogen basis, the average urea price was at $0.39/lb.N, anhydrous $0.27/lb.N, UAN28 $0.39/lb.N and UAN32 $0.40/lb.N.
  • r
    richard
    Prices going up,fertilizers to follow my opinion

    Grain prices have been red-hot for much of this week, and the latest rally showed little signs of slowing Friday. Corn moved 0.75% higher, and soybeans posted double-digit gains for the third consecutive session today after another flurry of large export sales kept traders engaged in another round of technical buying. Wheat prices continue to follow overseas prices higher, with most contracts jumping nearly 4% higher today.

    The Midwest and Plains continue to expect drier weather over the next three days, with almost no areas anticipating any measurable rainfall between Saturday and next Tuesday, per the latest 72-hour cumulative precipitation map from NOAA. Drought’s footprint expanded slightly this past week, with the U.S. Drought Monitor noting that 57.5% of the country is now affected by overly dry conditions. Most of the problem areas are in the western U.S., but large pockets of drought remain entrenched in parts of Iowa, Illinois and Indiana.
  • G
    GoodTrade
    Nice close... Company buying?
  • B
    Brubeans
    can anyone here think of a good reason not to dump my UAN and put the lot into SBE? SBE could easily double while this drops forever....... Both are risky, but at least it has momentum....... Im seriously considering it lol.......
  • S
    SamDs
    OMG ... Carl What are you doing?
  • B
    Brubeans
    Average retail fertilizer price moves continued to be mixed the third week of September 2020 with prices for five of the eight major fertilizer falling and prices for the remaining three rising.
    Average retail fertilizer price moves continued to be mixed the third week of September 2020 with prices for five of the eight major fertilizer falling and prices for the remaining three rising.
    www.dtnpf.com
  • r
    richard
    Uan will be next in line

    CF Industries Holdings, Inc. (NYSE: CF) today announced that it will report its nine month and third quarter 2020 results after the market close on Wednesday, November 4, 2020. The company plans to host a conference call to discuss these results at 10:00 a.m. ET on Thursday, November 5, 2020.
  • G
    GoodTrade
    Up Day?
  • G
    GoodTrade
    Soybeans surged as high as $9.66 per bushel in overnight trading Sunday, hitting our $960 per bushel target.
    Soybeans surged as high as $9.66 per bushel in overnight trading Sunday, hitting our $960 per bushel target.
    seekingalpha.com
  • r
    richard
    China is hungrier

    Typhoons have ripped China’s major corn producing areas a key potential factor in surging U.S. corn exports.
    If one believes some initial estimates, 30% to 70% of the corn in China’s Jilin Province has been impacted. This is a major producing area (see map), but only time will tell how much of the crop was actually damaged.


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    China was hit by three typhoons late in the production year, each making landfall along some key producing areas. Typhoon Bavi moved into Liaoning Province on Aug. 27th. Typhoon Maysak struck neighboring Jilin on Sept. 3rd, and a week after that, Typhoon Haishen hit Jilin once again.
    The Jilin Province is no slouch when it comes to the makeup of Chinese agricultural production. Looking at previous history, the potential impacts of bushels lost on China’s balance sheet may loom quite large. Think of the Derecho wind damage in the Midwest primarily in Iowa; that same kind of damage in China is on a potentially much larger sc
  • G
    GoodTrade
    UP Day Again... watch! NTR and MOS have regained their pre covid highs and have trended up big in the last few days. UAN is the better buy at this stage with a 3x or 4x upside in the next 6 to 12 months. I'm all in... let see if I right or lucky, either way, I'll take it! Wish I knew how much the Company has bought recently. If they take covid relief funds they will not be able to buy for a while.
  • j
    jj
    If you compare UAN stock's price action to other fertilizer stocks (CF and MOS), you'll see that UAN doesn't follow the companies' price pattern. The other fertilizer companies have recovered much of their covid-19 price drop. But UAN hasn't. Now, if you compare UAN to its general partner CVR Energy (CVI), you'll see that UAN does follow that price pattern. So, UAN is not following the fertilizer industry, but rather it's following the energy industry. The worst industry in the S&P.

    But if actually do a price comparison of UAN's stock to CVI's stock since covid-19, you'll see it's performing even worst. IMHO, CVI is siphoning all the cash out of UAN by:
    1) charging very high interest rates on their loans
    2) paying exorbitant salaries to execs for a company this size
    3) overcharging for the petcoke feedstock

    Personally, I think it's borderline criminal. At least a violation of fiduciary duty. And I don't think it will stop until someone threatens legal action against Carl Ichan and his minion. I don't see any hope for the near future.
  • G
    GoodTrade
    What is wrong with this picture - NTR up 4.25% today vs. UAN down 4.06% today? I bought a little more today and my guess is that this will pop soon. The other fertilizers are trending up. Corn is trending up. UAN is like a slingshot and I hope it's ready to let fly!
  • G
    GoodTrade
    Not wishing anyone is impacted negatively by Laura. BUT, ...." Floods cause food prices to spike, depending on how fast the floodwaters recede. Soybeans, corn, rice, and cotton are planted in the Mississippi River area in the spring when flooding occurs. Floodwaters also strip the ground of needed nutrients. That increases costs to farmers but provides a benefit to fertilizer companies." I know...I sound like a greedy capitalist. But, we must consider all factors when investing, even storms, and other natural disasters.
  • B
    Brubeans
    I just saw this...... not sure why I didnt earlier. As of June 29th, Raging Capital had sold 2.5M of their shares. They are down to 6.9M shares as of then. If they have been selling more since then on the open market, this stock has no chance of bouncing until after they are done liquidating. However once they are done, then there should be real promise I would think because it removes a huge sell side supply issue (assuming no other major holders are liquidating too) That makes me feel a little better know that Raging doesnt still hold almost 10M shares.
    Top Institutional Holders
    Holder Shares Date Reported % Out Value
    Goldman Sachs Group, Inc. 10,660,562 Jun 29, 2020 9.58% 9,061,477
    Barclays PLC 9,104,597 Jun 29, 2020 8.18% 7,738,907
    Raging Capital Management, Llc 6,946,138 Jun 29, 2020 6.24% 5,904,217
    UBS Group AG 3,136,147 Jun 29, 2020 2.82% 2,665,724
    Glendon Capital Management, LP 2,361,308 Jun 29, 2020 2.12% 2,007,111
    JP Morgan Chase & Company 2,318,230 Jun 29, 2020 2.08% 1,970,495
    Citigroup Inc. 2,129,665 Jun 29, 2020 1.91% 1,810,215
    Morgan Stanley 1,415,331 Jun 29, 2020 1.27% 1,203,031
    CNA Financial Corporation 502,664 Jun 29, 2020 0.45% 427,264
    CALPERS (California-Public Employees Retirement System) 155,600 Jun 29, 2020 0.14% 132,260
  • r
    richard
    Price of food going up

    Soybean prices were bolstered by two large export sales reported this morning, as well as some mild concerns over frost that landed on some upper Midwestern fields earlier this week. Today, frost is possible over much of the Dakotas, western Nebraska and northern Minnesota. Another round of technical buying ensued, with September futures rising 6.75 cents to $9.7975, and with November futures gaining 6.25 cents to $9.7925.

    Soybean basis bids rose 6 to 14 cents at three Midwestern locations while holding steady elsewhere across the central U.S. today. Farmer sales have slowed recently as they largely are waiting to see if prices will move even highe
  • r
    richard
    Soybeans : Strong demand from China supported price gains in the soy complex this morning. September soybean futures rose $0.0775/bushel to $9.0475 while new crop November futures were up $0.0775/bushel to $9.065. September soyoil futures increased $0.32/lb to $31.38 while September soymeal rallied $2.9/ton to $294.7.
    China is hungry

    Spot basis bids for soybeans strengthened along the Mississippi River on Friday as export demand at the U.S. Gulf remained strong. Basis eased at an export terminal on Lake Erie at a Toledo, Ohio loading facility. A Council Bluffs, Iowa processor adjusted its bid on Friday to prevent any new cash sales after the derecho winds on Monday damaged the facility, causing closures. Light sales on Thursday deterred new cash sales on Friday.