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Belarus would face roughly $200 per metric ton delivery cost to the US due to European sanctions, compared with about $130 per ton from Canada. The article questions whether Trump's potash plan is commercially viable.
Higher delivered cost from Belarus means it is unlikely to pressure Canadian potash prices, keeping fertilizer costs for US farmers supported.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.