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Food Shortages Will Persist With Mark Rossano

Lead-Lag Live

00:00

Fertilized Prices Have Cracked the Wrong Way?

I believe fertilized prices have cracked the wrong way. They've stabilized a bit, right? They had a sizable decline and then looks like they're kind of hanging in there. There is a leading aspect of fertilizer prices and food prices that I've seen me, fertilizer tends to move first and food with a lag. And instead of coming back down to normal, you're re-rating at a different level, which is going to then increase pricing.

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