Loading…
Saskatchewan's potash producers are balancing cost against world prices, which the article says were above US$380 per tonne and forecast to keep rising. In March the provincial government unexpectedly changed its potash taxation scheme, eliminating certain deductions in royalties and production tax.
Higher provincial taxes raise producer costs for potash, a key fertilizer input, and may curb output even as prices are firm. Buyers of feed-related fertilizer inputs should note the upward price trend.
thestarphoenix.comPaul Sinkewicz, Postmedia Content WorksMay 24, 2019Not 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.
