
StoneX's Josh Linville says the corn-to-potash ratio has fallen into the bottom 20% of its multi-year range, offering a favorable but fragile fertilizer affordability window. Canada supplies close to 90% of U.S. potash imports, and he warns a rush of farmer demand could quickly reprice fertilizer higher.
A cheap corn-to-potash ratio may pull forward fertilizer buying, and any trade disruption with Canada could push potash prices up for US farmers and tighten input costs for feed grain production.
Not enough comparable past events yet for a historical read.
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.