Reuters reports global potash sales are on track for record highs in 2021, supported by higher crop prices and strong Chinese demand. Nutrien forecasts global potash demand of 68 to 70 million tonnes and expects the largest US corn plantings in five years.
Mosaic has no plans to restart its idled Colonsay mine.
Firm demand and cautious North American supply support potash prices, which raises input costs for corn and soybean growers. Higher crop prices are encouraging greater fertilizer application.
Not enough comparable past events yet for a historical read.
Not 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.