dormant monsoon has little effect on fert!, page-4

Agree YK, we don't need an artificial price spike, but at the same time will Govt's allow reducing yields to threaten political security?

As the rubber band of supply/demand on fertilizer continues to stretch are we really going to wait till reduced yields create price panic and over reaction to the upside? - the losers will be the worlds poor again and can't see the puppet masters allowing the hungry masses to dictate the fate of govt's.

reduced phosphate consumption is the aberration here. - How many crops under fertilized before we pay the price? - a few years in USA thanks to many years of optimum application loading soils but young producing countries like Brazil and China won't have the stored phosphate levels to last more than a year without paying the price in yields. It's coming up to a year already - only one crop away from the rubber hitting the road IMO.

Again the question - will crop prices skyrocket too late to solve the inevitable food crisis? or will this be predicted and under the free market principle of money attracting money will this season see the rebound?

At best we have one more month before the overreaction to the upside begins IMO if the puppeteers decide to manipulate prices to the upside to avoid future political pain.

Rp prices over $150/T before Christmas, 250/T before June 2010 would reflect this correction and what I'm expecting. MaK will follow it up - will the options be in the money? - you betcha.

But again agree YK - grain prices should lead.

Just ramblings only - take it as such.