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Nutrien raised its Midwest potash price by $10 per short ton to $385/st FOB Midwest terminal value on Tuesday. The move is a routine producer price adjustment in the US potash market.
A higher delivered potash price raises the cost of fertilizer for US crop growers, which can weigh on planted acreage and feed-grain input costs. The change is modest and does not by itself signal a major shift in supply.
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.