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Lithuanian Railways has halted transport of potash from Belarus, after Lithuania terminated its contract with the state-run railway operator. The move cuts off Belaruskali's main export route, which has been constrained by US sanctions.
Losing Belarus's key potash export route tightens global potash supply already squeezed by sanctions, supporting higher fertilizer costs for corn, soybeans and wheat growers and pushing feed-grain production costs up.
reuters.comAndrius SytasJan 31, 2022Not enough comparable past events yet for a historical read.
After 284 past neutral logistics events, Corn moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.4%), and -0.2% over 20.
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.
