The shares of potash producers rallied Wednesday, following the US Department of Agriculture’s forecast that corn stock would fall to its lowest level since 1996. The news sent grain futures higher, lifting demand for potash and other fertilizers.
Continue reading "USDA’s Corn Forecast Boosts Potash Shares"
Wednesday, April 28, 2010
Goldman Sachs released a report claiming that potash applications by farmers may remain below average this year. Companies were hoping for a blockbuster year, after last year’s economic collapse pushed farmers to postpone fertilizer applications.
Continue reading "Inflation Expected to Dampen Potash Demand"
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Wednesday, January 12, 2011