And along with the bullish fundamentals for the grains, we have...

And along with the bullish fundamentals for the grains, we have Bernanke again talking further stimulus if needed, so commodities responded positively last night.

Corn up nearly 4%
Soybeans up 1.6%
Wheat up nearly 7%

With phosphate prices steadily climbing and the constant threat of supply constraints from the ME and North Africa, the next few months leading up to the likely event of a JV with NMDC looks positive for MAK.