Potash Market News Directory

Glencore’s Next Move Could be in Agriculture

Bloomberg reported Friday that Glencore PLC (LSE:GLEN) may look to the agricultural space for its next move. The company became a major agricultural player when it purchased Viterra Inc. in 2012, but while Glencore is one of the world's largest traders of wheat, it still has no presence in most important grain market: the United States.

Belarusian Potash Co. Agrees to Supply Potash to China for $315 Per Tonne

Bloomberg reported Thursday that Belarusian Potash Co. has signed a deal with China and will supply the country with potash at a price of $315 per tonne which includes shipping costs. Russia's Uralkali (LSE:URALL) reportedly said the price was "significantly" less than possible, despite it being up $10 per tonne from last years price.

Canpotex Looks to Raise Price of Potash in China Deal

Reuters reported that Canpotex Ltd., a North American company owned by The Mosaic Company (NYSE:MOS), Potash Corporation of Saskatchewan (TSX:POT,NYSE:POT) and Agrium Inc. (TSX:AGU,NYSE:AGU), is requesting an 8 percent increase in its 2015 potash supply contract with China's Sinofert Holdings.

Manitoba Looking to Start Potash Mine

The Winnipeg Free Press reported that the Canadian province of Manitoba has sent an information package to a number of companies to gauge their interest in developing 28,024 hectares "of undeveloped, mineable high-grade potash deposits" north of Russell.

Uralkali Looks to India for Supply Deal Ahead of China

Bloomberg reported that Uralkali (MCX:URKA,LSE:URALL) may opt for a supply deal with India ahead of China for the first time since 2008, which may mean a price increase. China, being the biggest consumer of potash, usually makes the deal first, providing a benchmark price for the year and with India paying a premium.

Infographic: The Shifting Market For Corn in the US

The latest infographic from Visual Capitalist looks at the changing corn industry in the United States. Although this graphic focuses on genetically modified corn strains and ethanol subsidies, investors in potash fertilizer might also want to check out the industry update.