Mac Adams retweetou
Long nitrogen fertilizer post:
Lot of folks asking "how do we solve this crisis quickly?". Short answer...you don't. The damage is done.
We CAN alleviate some of the problems and we CAN help put the market in a better place for the next generation:
Very short-term: consider another government farmer payout
- I am not a fan of gov't subsidy payments, but when gov't action destroys the farmer markets, I can justify them. This helps the average farmer survive the year.
Short-term: do away with DEF requirements
- talk to most people who have to use DEF and they will be more than happy to share why it sucks. Removing requirements puts a lot of tons back in farmers hands.
Medium-term: look into enticing existing production into debottleneck projects/production expansions
- yes, I know this just makes the big companies bigger but the problem is not the number of companies but rather the lack of supply. We need an injection of supply sooner than later.
Long-term: finance package for a new company to build a new world scale nitrogen production facility
- this checks the box for more competition and more supply in the market. This would take years...again, we are thinking of the next generation.
This is just my personal two-cents and honestly, my personal POV is rarely worth that much!
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