What is the long-term outlook for Anhydrous Ammonia?
Probably better than what you think. It is the preferred nitrogen source for corn, wheat and cotton. The major commodity crops prefer NH3. Plant utilization of nitrate requires conversion back to the ammonium form of nitrogen to allow the plant to manufacture amino acids. Corn can not assimilate nitrate in the first three weeks of the plant growth cycle. In fact if you key in the words, corn, nitrogen, yield into your search engine you will find that low cost NH3 always outperforms all other fertilizer types and methods if the application timing is the same. Your foreign competitors do not have NH3 to directly apply to their crops. The cost difference is equivalent to $20.00 per acre. Remember NH3 will always be 30% to 50% less cost than other choices of nitrogen. If you are not seeing this price difference you are not buying your NH3 correctly. The NH3 price may have been superficially elevated or the timing of the buy was incorrect. The 3 step manufacturing process of 32 and 28 and t
