North American potash inventories rose in OCT

Agriculture Investing

World’s largest producer of the crop nutrient, Potash Corp, reported that North American producer inventories rose 165,000 tonnes in October, reversing a three-month long downward trend in inventory levels.
The news release is quoted as saying:
Potash inventories had risen steadily through the first-half of 2009, despite major production cuts, as farmers concerned about exorbitant pricing and […]

The news release is quoted as saying:

Potash inventories had risen steadily through the first-half of 2009, despite major production cuts, as farmers concerned about exorbitant pricing and hurt by the credit crunch had deferred fertilizer application.

Click here to access the entire news release