CF Industries Holdings Inc at Morgan Stanley Global Chemicals, Agriculture, and Packaging Conference Transcript

Nov 09, 2022 / 04:00PM GMT
Vincent Stephen Andrews - Morgan Stanley, Research Division - MD

Okay. Welcome back. Next up is CF Industries. We have Chris Bohn, CFO; and Bert Frost, SVP of Sales, Market Development and Supply Chain. I suppose -- I don't know where you went, Martin. But Martin, there he is, from Investor Relations, as everybody knows.

Before we get started, let me just read some important disclosures and ask you to see the Morgan Stanley research disclosure website at morganstanley.com/researchdisclosures. And if you have any questions, please reach out to your Morgan Stanley sales representative.

Questions and Answers:

Vincent Stephen Andrews - Morgan Stanley, Research Division - MD

So maybe just to get started, I mean, the thing that we talked a little bit about this on the call last week, but the thing I think I've been wrestling with and a lot of folks have been wrestling with is to try to sort of understand the architecture of the market today because there have been so many changes from a cost curve perspective, from a trade flows perspective and how
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