In today's podcast Paul has a conversation with Josh Linville of StoneX. Josh is a repeat visitor and we discuss the current world supply and demand situation for fertilizer. One comment from Josh was that the nitrogen to corn ratio is at the second highest level ever for this time of year, second only to 2005, right before the ethanol boom started. Back then corn had a 2 in front of its price and nitrogen was over $200 a ton wholesale.