Potash Price Likely To Rise For China: Mosaic

As quoted in the report:

Corn futures have jumped 52 percent in Chicago in the past month and soybeans have climbed 21 percent as the worst U.S. drought in a generation damages crops. Mosaic Chief Executive Officer Jim Prokopanko said that will influence talks currently in progress between China and North American potash suppliers about a six-month supply accord.

Mosaic CEO Jim Prokopanko commented:

That strengthens our hand. The more grain is worth, the more fertilizer is worth.

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