TAMPA, Fla. (DTN) -- While U.S. farmers enjoy the lowest retail potash prices since 2010, instability in international markets is leading to a lot of cost-cutting by fertilizer companies as they head into 2014.
Last summer's end of a potash cartel agreement between companies in Russia and Belarus shook up the industry and helped retail prices to drop more than $100 per metric ton. (See "Global Fertilizer Outlook - 4" in Recent Feature Articles.)
However, problems for the potash industry began long before last summer.
Even as ...