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President Trump announced the U.S. is working on a deal to buy potash from Belarus at prices well below current Canadian prices. The Belarusian president said already-signed contracts could limit how much Belarus can boost fertilizer exports to the US.
Potential Belarusian supply could ease US potash costs if a deal materializes, but signed contracts limit near-term volumes. Until terms are confirmed, the price effect is uncertain and likely modest.
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.