EXHIBIT 23.2
 
                         INDEPENDENT AUDITORS' CONSENT
 
  We consent to the incorporation by reference in this Registration Statement
of Terra Industries Inc. on Form S-4 of our reports dated February 1, 1995
(which reports express an unqualified opinion and include an explanatory
paragraph referring to the Company's change in its method of accounting for
major maintenance turnarounds and post-employment benefits effective January 1,
1994) appearing in and incorporated by reference in the Annual Report on Form
10-K of Terra Industries Inc. for the year ended December 31, 1994, and to the
use of our report dated February 1, 1995, appearing in the Prospectus, which is
part of this Registration Statement. We also consent to the reference to us
under the heading "Experts" in such Prospectus.
 
                                               /s/ Deloitte & Touche LLP
                                          -------------------------------------
                                                  Deloitte & Touche LLP
 
Omaha, Nebraska
June 29, 1995