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President Trump announced on Truth Social that the US is negotiating with Belarus to buy a 'massive' quantity of potash. He said prices would be considerably lower than what the US currently pays Canada, its main supplier.
Canada supplied about 79% of US potash imports in 2024, versus 4% from Belarus.
A shift of potash purchases toward Belarus would pressure Canadian potash pricing and could ease US fertilizer costs, though sanctions and sourcing constraints make the deal uncertain. Potash prices remain elevated after the Ukraine invasion and the Iran war.
republicamx.latRedacciónNov 14, 2026Not 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.
