I don't know who decided to start playing fertilizers as commodities and start linking their price movement to oil, but they are definitely not commodities and as the price of oil and natural gas goes down the cost to manufacture many of the fertilzers goes down thus theoretically increasing profit margin, which is why I'm left wondering why a 4 point drop in oil today is leaving me with a 10+ point drop in CF and a 11+ point drop in MOS.

It also makes no sense how a drop in oil causes a drop in the shipping industry, but oh well...

I've lost $1600 so far today...Cry