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Canadian potash producers are ramping up output as Western sanctions on Russia and Belarus constrain supply. Belarus and Russia together supply about 40 percent of world potash.
Higher Canadian output partly offsets the loss of Russian and Belarusian supply, which could limit further fertilizer price spikes and ease pressure on grain margins.
canadiandimension.comOwen SchalkJul 8, 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.
