Got Fertilizer?

Original post from October 8, 2021: A small-cap fertilizer stock completing an inverse H&S pattern that I think is conservatively a 5x. Sign up for Twetch (it's free to join) to see it!

Link to the post: Twetch Exclusive

Update

Morning Ag Clips: China halts phosphate exports

“Fertilizer prices have increased dramatically in recent years, and the news coming from China will more than likely help this trend continue,” said Theresa Sisung, field crops specialist for the Michigan Farm Bureau. “Farmers should talk to their retailers sooner rather than later to discuss their options for purchasing fertilizer for their 2022 crop needs.”

According to John Ezinga, vice president of agronomy at Michigan Agricultural Commodities Inc., the move will adversely affect prices.

“Growers are going to feel it,” Ezinga said. “Look at your ratios on corn: N, P, K. It’s way out of whack right now.”

Prices of urea, DAP, MAP, and potash averaged $572, $702, $776, and $598 per ton last week, all of which are up 59% or more from 2020.