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Bullboard - Stock Discussion Forum Itafos Inc V.IFOS

Alternate Symbol(s):  MBCF

Chemicals Basic Materials
Itafos Inc. is a phosphate and specialty fertilizer company. Its businesses and projects include Conda, Arraias, Farim, Santana and Araxa. Conda is a vertically integrated phosphate fertilizer business located in Idaho, United States with a production capacity of over 550 Kiloton (kt) per year of mono ammonium phosphate (MAP), merchant grade phosphoric acid (MGA) and ammonium polyphosphate (APP... see more

TSXV:IFOS - Post Discussion

Itafos Inc > TIME TO UNLOAD IFOS and OTHER FERTILIZER STOCKS
View:
Post by YupnDump on Mar 30, 2023 4:14pm

TIME TO UNLOAD IFOS and OTHER FERTILIZER STOCKS

BNN reported farmers are seeing much lower fertilizer prices which have been affected by much lower NG prices. time to sell and wait for entry on next agricultural season.
Comment by YupnDump on Mar 30, 2023 4:55pm
  in last earnings report which was +ve they projected less $ sales and EBITA for 2023. time to sell and get back in summer
Comment by cn41 on Apr 04, 2023 9:14am
Don't know where you are getting your data but USDA quote below ,among others don't share that view: "Global phosphorus fertilizer production actually increased from 2021 to 2022, Cross said. And while nitrogen and potash production were curtailed somewhat during this time, the large drop-off in production was never seen, she said. "Global fertilizer production is expected to ...more  
Comment by YupnDump on Apr 06, 2023 10:30am
US MOS has dropped from $56/share mar 5 to today's $43/share. if U check Farm Policy News all 8 major fertilizer products have dropped in prices  for March and the farmers have been backing up their trucks at the low prices.  sorry l do not know to upload the news report here. l may look into IFOS at end of summer.
Itafos Inc