
StoneX's Josh Linville says potash supply is ample and more production is coming online, yet prices have not softened. Freight costs for rail, barge, vessel and truck are rising and producers are passing part of that cost on.
Sulfur and nitrogen face genuine supply damage in contrast.
Higher freight costs are keeping delivered potash prices firm even though supply is adequate. Buyers should expect freight to remain a key component of landed cost.
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.