The Energy Report
Potash Investing News, Leia Toovey
The recent earnings season was record-setting for many fertilizer producers, and despite a shaky global economy analysts expect that high-profits will continue into the foreseeable future. High-earnings are a result of record sales volumes, and recovering fertilizer prices.
The price of fertilizers closely tracks the price of grains because as grains prices rise, so does the incentive for farmers to apply fertilizer to maximize yields. Grain prices have skyrocketed in the past year, with wheat prices jumping 11%, corn prices 69%, and soybeans 31%. When comparing fertilizers, phosphates and potash typically have a longer term impact on yields, and therefore are benefiting from the rapid rise in grains prices. . .View full article
Notable Quotes
"CHK is active in the Marcellus sweet spot in northwestern West Virginia." (5/16/13) Chesapeake Energy Corp. - The Energy Report Interview with Josh Young More >
"FCU is on to the most exciting uranium discovery to come around in quite a while." (5/14/13) Fission Uranium Corp. - The Metals Report Interview with Brent Cook More >
"Majors like RDS are moving toward gas." (5/9/13) Royal Dutch Shell Plc - The Energy Report Interview with Keith Schaefer More >
"ACFN delivered its new fiber optic geophone to an unnamed supermajor for testing, which should begin in May." (5/2/13) Acorn Energy Inc. - The Energy Report Interview with James McIlree More >
"ARW's new reserve estimate on West Hazel is a really good number." (4/30/13) Aroway Energy Inc. - The Energy Report Interview with Bob Moriarty More >
Phosphate Producers Poised to Benefit from Tight Grain Market
Source: Potash Investing News, Leia Toovey (8/18/11)
"As grains prices rise, so does the incentive for farmers to apply fertilizer to maximize yields. Grain prices have skyrocketed in the past year."
More Experts
"I think everyone is expecting BSP's share value to grow." (4/25/13) Big Sky Petroleum Corp. - The Energy Report Interview with Jim Letourneau More >
"Things seem to be going well on the development front for MMT." (3/28/13) Mart Resources Inc. - The Energy Report Interview with Amin Haque More >
"The sum of the value of NZ's individual assets should be higher than its current valuation." (3/28/13) New Zealand Energy Corp. - The Energy Report Interview with Amin Haque More >
"Our favorite takeout target is URZ." (3/26/13) Uranerz Energy Corp. - The Energy Report Interview with Jeb Handwerger More >
"FIS has the right management team that made not one, but two major discoveries." (3/21/13) Fission Energy Corp. - The Energy Report Interview with Marin Katusa More >