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Brazil Potash's president Adriano Espeschit says potash prices should normalize as early as 2023 after a sharp rally this year. He attributes the rally partly to pre-war sanctions on Belarus and partly to the Ukraine war and China COVID lockdowns.
Expected easing of potash prices would reduce input costs for crops such as corn and soybeans over time, which is bearish for fertilizer costs and mildly bearish for feed grain prices in the longer run.
mining.comBruno VendittiJul 28, 2022Not 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.
