As someone that works in ag, it's exactly *let's put less fertilizer in the fields*

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Fertilizer’s are the big boys game… those publicly traded companies are the usually accurately priced as soon as any new fundamentals are figured out. Also, those financial models are some of the craziest Sum of the Parts, analysis to get into the weeds… talking about barge rates, basis differentials flowing into margins etc…Also, you have to factor in demand destruction etc from the crop side of things… ag sector is truly Wild West… getting good data from Argus would be a start OP..

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