RE:Price of phosphate
Well said, Tweez.
Despite all the whining, the world, especially the developing world, is becoming more prosperous, or at least less poor, and is eating more meat. That means more grain is required. That means grain prices are increasing. That means more land is being cultivated, including marginal land, which needs more fertilizer.
So, that's the macro picture. The company-specific picture is equally encouraging. We're just getting started.