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Potash prices rose to a 13-year high in 2021, reaching US$650 per tonne for the first time since 2008. Pandemic-related shipping disruptions, flooding in British Columbia and US sanctions on Belarus drove the increase.
Elevated potash costs raise fertilizer expenses for grain and oilseed growers, supporting feed-grain prices into 2022.
investingnews.comGeorgia WilliamsJan 25, 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.
