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A magnitude 3.4 earthquake occurred near Mosaic’s Esterhazy potash operations in Saskatchewan on November 3. The event was in a mined-out area of the K3 mine, inspections were completed, and Mosaic reported no effect on production or employee safety.
The mine’s large output capacity is not disrupted, so the event provides no meaningful change to potash supply or prices.
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.