Stocker Steve
Well-known member
I did some internet work this weekend. Looks like the Saskatchawan based employee layoffs and production reductions are being continued to hold up potash prices. The 2009-2020 K forecast is an average of U$S 1,150 per ton. How does a person justify legume plantings in this situation?
Citigroup Global Markets analyst P.J Juvekar :
"We expect many farmers in North America to go on a 'fertilizer holiday' as they 'mine' their soil for fertilizer," he said. "But the nutrient depletion may set the stage for a robust recovery in 2010 that could cause us to revisit our stance."
Citigroup Global Markets analyst P.J Juvekar :
"We expect many farmers in North America to go on a 'fertilizer holiday' as they 'mine' their soil for fertilizer," he said. "But the nutrient depletion may set the stage for a robust recovery in 2010 that could cause us to revisit our stance."