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Potash stockpiles at record high

Melissa Pistilli
Apr. 23, 2009 07:48AM PST
Market News

Potash Investing News reports high potash stockpiles due to sluggish economy and global financial squeeze. Potash prices currently range from $750 to $850 per (US) tonne, according to USDA, with an average of $808. That’s more than $100 above fair value, according to Farm Futures pricing model. The latest North American data from The Fertilizer …

Potash Investing News reports high potash stockpiles due to sluggish economy and global financial squeeze.

Potash prices currently range from $750 to $850 per (US) tonne, according to USDA, with an average of $808. That’s more than $100 above fair value, according to Farm Futures pricing model. The latest North American data from The Fertilizer Institute shows potash stockpiles are nearly double last years level.

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