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Fertilizer way too cheap

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    Fertilizer way too cheap

    So they will all cut production, not like farmers who are strongly encouraged not to cut, but increase, to offset lowest prices since 1917, with volume.
    "The low prices of commodity fertilizers had already prompted capacity shutdowns by rivals in North Africa, Ukraine and China, whose ramp up in imports has been viewed as fuelling the tumble in urea prices from levels of some $500 a tonne two years ago."

    http://www.agrimoney.com/news/yara-shares-plunge-as-urea-blow-threatens-cutbacks--6750.html
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