Reaping the Rewards of a Global Ag Boom
StockMarketsReview.com reported on how Potash Corp. (NYSE:POT) is benefiting from growth in the agriculture industry.
StockMarketsReview.com reported on how Potash Corp. (NYSE:POT) is benefiting from growth in the agriculture industry.
Despite U.S. farmers move to plant more corn this spring, supplies will remain tight through 2012, according to the U.S. Department of Agriculture’s chief economist Joe Glauber. As the price of corn rises, so does the incentive for farmers to fertilize their crops; good news for potash and phosphate prices.
By Leia Michele Toovey- Exclusive to Potash Investing News Potash producers are confident that the bottom has been hit; and 2010 will be a year of gradual improvement. Potash prices more than halved in 2009 as the effects of the recession rippled through the agriculture industry. Grain and food prices collapsed, and farmers in developing [...]
The global population has more than doubled since 1950 and is expected to grow from 6.7 billion in 2008 to 9.2 billion by 2050. Unfortunately agricultural output, in particular in developing countries, is not growing at the same rate. The historical under-application of fertilizer has led to a chronic low yield performance whereby farmers in [...]
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