CVR Partners, LP (UAN) manufactures and markets nitrogen fertilizers for the agricultural market. It is structured as a variable distribution MLP. I have written several articles on UAN. I will refer readers to the January article for the background on UAN.
2Q operational results were spectacular despite bad weather
The 2019 fertilizer year, which ended in June, was one for the record book. We had wet weather in the fall that prevented fall ammonia application. Spring planting was delayed in many parts of the corn growing regions due to an exceptionally wet and