Four More Undervalued Commodities

I am in the process in adding all the commodities in the World Bank database to the 10-year forward graphs. It's somewhat tedious work, mostly because I had written the website code specifically for the IMF database, and the details are different. Oh well, such is programming.

Here are four commodities that were not in the IMF database. The first three are the three major fertilizers. Here's urea (Nitrogen).
 

Massively undervalued! This undoubtedly has to do with the decline in the natural gas price. I plan to look into it.

Here's potassium:

Also very cheap.
Here's phosphate:

Same thing. I'm not sure why these are so cheap; they are not made from gas. More to come.

Finally, here is plywood. It's an old fashioned commodity; most construction has moved to cheaper composites like particleboard. I likely won't discuss it again. Like all softwood products, it is also very cheap.