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Potash prices have risen about 25% over the past 12 months to around $350 a ton, driven by stronger demand and limited supply from Canada, Russia, Belarus and China. Miners expect prices to keep rising, possibly back toward the $525/t reached in 2010.
Higher potash prices raise crop input costs for farmers and can shift fertilizer application decisions, which feeds into longer-term grain and oilseed supply expectations.
forbes.comTim TreadgoldMar 21, 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.
