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MacroVoices #337 Leigh Goehring: The Global Food & Fertilizer Crisis Is Much Bigger Than Russia/Ukraine

Macro Voices

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The Fertilizer Bull Market Is Not Over Yet, Is It?

In the last previous bullmarket peake and fertilizer prices, which basically took place in the first quarter of two thousand eight were, the entire fertilizer complex pikued out at well over a thousand do a ton. Most both nitrogen phosphate and potash, all got as high as 12 hundred dollars a ton. Today, i would say that you are not anywhere near a peak in fertilizer prices. This fertilizer bull market has years left to run. And does anyone wa ought to guess what mosaic trades ogt to day in earnings? It basically trades at three times fully taxed reported earnings. The stock is radically undervalued. Nutrient is the old othe amalgamation of the old corpus sask

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