Migao Corp. has minimized exposure to volatile potash prices
Post by Melissa Pistilli, Potash Reporter
Migao Corporation declared that it has not lost a single customer even though it was forced to double the price of its fertilizers last April as the cost of potash soared. Jay Hussey, Migao’s vice-president of corporate finance, believes that’s because the company’s clients – who grow high-value crops like fruit, vegetables and tobacco – are better able to absorb rising costs than staple crop producers.
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