http://www.getpersonas.com/static/2/0/520/preview_large.jpg

Fertilizer
_________


Of Note:

Farmers around the world have taken a major gamble with their crops by cutting potash applications in response to high prices.

The potash industry is extremely concentrated, and producers such as Potash Corp. of Saskatchewan Inc. collectively cut production instead of quickly lowering prices.

But a year later, farmers have maintained low potash applications and their crops are doing fine.

"Now the farmer is saying, ‘Hmm, maybe I'll take my chances a bit longer.'



_____________________________________________________________________________________________


To access my current posts, click the following link:
Notes From a Cyber Trader

____________________________________________________________________________________________________________________________________________




Farmers' potash gamble has producers paying price


Peter Koven, Financial Post

Monday, September 21, 2009

http://a123.g.akamai.net/f/123/12465/1d/www.financialpost.com/news-sectors/mining/2017391.bin?size=404x272

Canwest News   ServiceFor a year farmers have maintained low potash applications and their crops are doing fine.