Originally Posted by aja8888
Remember, as long as there is natural gas, there will be ammonia-based fertilizers produced. And North America is flush with gas. Forecast is excess supply of N fertilizer by 2016.
Aye. But ammonia is the N in NPK. Phosphorus and potassium do not come out of a gas well. There are many places where natural gas is 'free'--no cost to the manufacturer. AFAIK, phosphorus is more widely spread than potassium. If I were looking for a corner, I would look at potassium. (But the corner has already happened.)
I was sort of in the N and P and K business in a peripheral way for years. I turned down an opportunity to work in Saskatchewan in potash a couple of years ago. The winters are better in Baku.