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I think you're both right ST down, LT up.However some LT...

  1. 81 Posts.
    I think you're both right ST down, LT up.
    However some LT forecasts are for well below US$400. For example UBS have a long term forecast of US$300 from 2010 onwards.

    I reckon grain and fert fundamentals are pointing towards increases in 2010 unless there is another serious hiccup in financial markets.
 
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