# BHP Sees Potash Heading Toward Deficit as Demand Outpaces Supply - Bloomberg

> BHP, the world's largest miner, expects the global potash market to tighten over the next decade as demand grows 2% to 3% annually and supply additions beyond its Jansen project are limited. It projects a market deficit by 2035. The comments come amid a fertilizer supply shock tied to the Middle East war.

- Date: 2026-03-24 · published 2026-03-24T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/20492-bhp-sees-potash-heading-toward-deficit-as-demand-outpaces-supply-bloomberg
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Expected long-term potash deficit supports prices for farmers buying crop nutrients, though the 2035 horizon limits near-term impact. Tight fertilizer supply adds cost pressure on corn and soybean growers.

## Read by commodity

- POTASH: bullish ▲

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2026-03-24/bhp-sees-potash-heading-toward-deficit-as-demand-outpaces-supply

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.