FARM BUSINESS NEWS
Global Fertilizer Outlook - 3
Russ Quinn DTN Staff Reporter
Wed Nov 21, 2012 06:47 AM CST

PHILADELPHIA (DTN) -- Nitrogen production is flourishing in North America on demand from farmers who want more fertilizer for increased crop acres, but also thanks to some of the lowest natural gas prices in a decade.

The U.S. Gulf price is among the lowest natural gas price in the world. This spurred the nitrogen expansion boom, said Arvin Pirness, manager of market research for Potash Corp. This encouraged fertilizer companies to expand or plan to build production facilities, especially in North America.

"U.S. producers remain a very competitive market compared to others on the world market," Pirness said. "Even around ...

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