Josh Linville

We weren't too concerned about fall anhydrous demand, but it's starting to kind of creep in a little bit.

We weren't too concerned about fall anhydrous demand, but it's starting to kind of creep in a little bit.

If we have, we've never been set up emotionally like we are. And what I mean by that is we've seen big spikes, right? I mean, you guys were here for 2008 and you saw grain spike up and fertilizer price spike up. And what happened immediately after? It all came crashing back down. We saw the same thing back in what was 11, 12, I think it was. Same thing, prices up and they're immediately back down.

If we have, we've never been set up emotionally like we are. And what I mean by that is we've seen big spikes, right? I mean, you guys were here for 2008 and you saw grain spike up and fertilizer price spike up. And what happened immediately after? It all came crashing back down. We saw the same thing back in what was 11, 12, I think it was. Same thing, prices up and they're immediately back down.

If we have, we've never been set up emotionally like we are. And what I mean by that is we've seen big spikes, right? I mean, you guys were here for 2008 and you saw grain spike up and fertilizer price spike up. And what happened immediately after? It all came crashing back down. We saw the same thing back in what was 11, 12, I think it was. Same thing, prices up and they're immediately back down.

Well, those are demand-driven rallies. Those were both ethanol-based. They boosted corn pricing. And so everything chased after that price on the way up. And then the second all that demand started to fall out and there wasn't anything left, it's flat. It all fell back down to the ground. Guys, this thing has been going on since late 2020, early 21.

Well, those are demand-driven rallies. Those were both ethanol-based. They boosted corn pricing. And so everything chased after that price on the way up. And then the second all that demand started to fall out and there wasn't anything left, it's flat. It all fell back down to the ground. Guys, this thing has been going on since late 2020, early 21.

Well, those are demand-driven rallies. Those were both ethanol-based. They boosted corn pricing. And so everything chased after that price on the way up. And then the second all that demand started to fall out and there wasn't anything left, it's flat. It all fell back down to the ground. Guys, this thing has been going on since late 2020, early 21.

We have never seen a high-priced market like we have for this kind of length of time. And it's not just fertilizer. It's grains. It's everything across the board. It was kind of easy, kind of exciting. Things were always happening. Every time you picked up the phone, there was some crazy black swan event. And it always seemed to help out our situation. Now we're in the great reset.

We have never seen a high-priced market like we have for this kind of length of time. And it's not just fertilizer. It's grains. It's everything across the board. It was kind of easy, kind of exciting. Things were always happening. Every time you picked up the phone, there was some crazy black swan event. And it always seemed to help out our situation. Now we're in the great reset.

We have never seen a high-priced market like we have for this kind of length of time. And it's not just fertilizer. It's grains. It's everything across the board. It was kind of easy, kind of exciting. Things were always happening. Every time you picked up the phone, there was some crazy black swan event. And it always seemed to help out our situation. Now we're in the great reset.

And great resets never happen because your input prices fall. It's always the other way around. It's always the grain prices go down. Then all the other inputs are like, boy, that stinks. I ain't going to drop my price.

And great resets never happen because your input prices fall. It's always the other way around. It's always the grain prices go down. Then all the other inputs are like, boy, that stinks. I ain't going to drop my price.

And great resets never happen because your input prices fall. It's always the other way around. It's always the grain prices go down. Then all the other inputs are like, boy, that stinks. I ain't going to drop my price.

Phosphate is probably the exciting one. Potash is boring, but then again, potash is the biggest one. impacted by the whole Canadian rail strike, so Let's hit phosphate go for it. All right Phosphate is going to be the toughest market out there because you just talked about nitrogen Can you you take a scalpel to it and change a little bit there and a little bit here?

Phosphate is probably the exciting one. Potash is boring, but then again, potash is the biggest one. impacted by the whole Canadian rail strike, so Let's hit phosphate go for it. All right Phosphate is going to be the toughest market out there because you just talked about nitrogen Can you you take a scalpel to it and change a little bit there and a little bit here?

Phosphate is probably the exciting one. Potash is boring, but then again, potash is the biggest one. impacted by the whole Canadian rail strike, so Let's hit phosphate go for it. All right Phosphate is going to be the toughest market out there because you just talked about nitrogen Can you you take a scalpel to it and change a little bit there and a little bit here?

Absolutely, you can't take it a hatchet to it Phosphate there are guys who are talking about taking an axe to it The price is very very high The price in relation to grain price is extremely high. And a lot of guys have been putting on pretty good rates of phosphate here for the last few years.

Absolutely, you can't take it a hatchet to it Phosphate there are guys who are talking about taking an axe to it The price is very very high The price in relation to grain price is extremely high. And a lot of guys have been putting on pretty good rates of phosphate here for the last few years.

Absolutely, you can't take it a hatchet to it Phosphate there are guys who are talking about taking an axe to it The price is very very high The price in relation to grain price is extremely high. And a lot of guys have been putting on pretty good rates of phosphate here for the last few years.