Georgia's President Mikheil Saakashvili goes on Fox News Channel for an interview Neil Cavuto, and quickly finds himself pressed up against a wall to declare his preference for the Republican ticket over the Democratic. Doesn't Cavuto know who the Kremlin wants to win? Saaskashvili makes a narrow escape from the questioning, but check out the transcript below for some very awkward and funny moments (though probably not as cringe-worthy as this one). You can see that Cavuto smells blood after the president describes Biden as "smart" and Palin only as "delightful." SAAKASHVILI: Well, first of all, I met both of them. I mean, Joe Biden is a longtime friend, amazingly smart guy, who gets very good perspective on Georgia's situation. I met Sarah Palin. She was wonderful. She was absolutely delightful. CAVUTO: Did you have or get a sense of ...

Before we get to the story let me refresh my thoughts... first I said this was a potential threat a few times, most recently in [Apr 23: Potash hits $1000 on Spot Market] I wrote If Western governments have any moral backbone they will at least jawbone pulling biofuel subsidies... this would cause backlash reaction in fertilizer even though biofuels are just a small piece of the puzzle. (again this is a minor risk at this point, especially with US elections coming but maybe Europe will react first?) While the biofuel situation is not the major driving factor of agflation that does not matter - perception is everything and go back to point (b) a lot of new investors to a hot sector who know little about the long term situation and just are going by sound bites "rice riots" "fertilizer is hot" "Neil Cavuto even likes fertilizer" ...