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Russia and Belarus provide 40% of global potash, and the Russia-Ukraine conflict has disrupted those flows, tripling potash prices since last year. A Michigan geologist says the state holds large potash deposits that could offset import dependence.
Disrupted Russia-Belarus potash exports keep global potash prices elevated, raising input costs for US and other importing growers; the Michigan deposit is a long-term prospect with no near-term supply effect.
freep.comKeith MathenyApr 21, 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.
