i dont think ammonium nitrate is a crappy explosive. its was used in oklahoma city bombings, and and that waxy coatings are indeed to prevent caking of AN. But while googling it i found this link
http://www.worldofcoalash.org/2009/ashpdf/a078-taulbee2009.pdf
here they are using by products of coal ash to prevent explosion (thats what i have understood from it:embarass:)
also on wikipedia its written :"Ammonium nitrate decomposes into gases including oxygen when heated (non-explosive reaction); however, ammonium nitrate can be induced to decompose explosively by detonation."
so dont u think "pop" could have been because of that decomposition and oxygen might have to play a role in it??
also i read about the coating many years ago in newspaper there was also mentioned that those granuals can be crushed using the coffe bean grounding machines and then can be used as an explosive.