In the following video, contributor Maxx Chatsko analyzes the first-quarter earnings of CF Industries (NYSE:CF). The company saw a record net income on the heels of increasing nitrogen prices -- a trend that should continue into 2013. Additionally, CF Industries is actually expecting a positive effect from natural gas prices. Maxx explains how that is possible and why it matters heading into a record corn planting this year.

Motley Fool contributor Maxx Chatsko has no position in any stocks mentioned. Check out his personal portfolio, his CAPS page, or follow him on Twitter @BlacknGoldFool to keep up with his writing on energy, bioprocessing, and emerging technologies.

The Motley Fool owns shares of CF Industries Holdings. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.