FARM BUSINESS NEWS
Uralkali Inks Potash Deal With China
Mon Jan 20, 2014 11:07 AM CST

MOSCOW (Dow Jones) -- Russian potash producer OAO Uralkali Monday signed a first-half sales deal with a Chinese agro-chemical consortium to sell the fertilizer additive potash for $305 a metric ton.

The contract to sell 700,000 tons to the Chinese National Agricultural Means of Production Group Corp. until the end of June indicates a possible end to the uncertainty in the potash market. Prices have fallen more than 25% from $400 a ton last summer, prompted by Uralkali leaving a trading partnership with Belarus and breaking an informal global pricing cartel.

"The contracts between Uralkali and the Chinese ...

Quick View
  • Stay on Top of SDS The distinctive yellow patches of sudden death syndrome (SDS) are surfacing in soybean fields acr...
  • Cattle Market There may be a little less bull in this fall's calf market, but the fundamentals still spell oppo...
  • Precision Ag Potential Pending Precision agriculture proponents insist the industry can revolutionize agriculture, but first mor...
  • Cash Rent Reset - 1 With sub-$4 corn forecast for multiple years, growers need to make a preemptive strike on their 2...
  • Iowa Land Gets a Bounce Key Midwest land values are stuck in neutral or sliding below 2014 levels, recently released opin...
  • Canadian Dairy Conundrum Coping with Canada's dairy industry import tariffs and supply controls remains one of the stickin...
  • Senior Partners - 5 This fatherly financial advice is meant to prevent heartaches should the farm economy suffer anot...
  • Ask the Taxman by Andy Biebl CPA Andy Biebl answers readers' questions on depreciation recapture, defining a "true" lease and ...
  • Ask the Vet Does my calf have a hernia and is it repairable?
Related News Stories
Nitrogen Plans Altered
Dr. Dan Talks Agronomy
DTN Retail Fertilizer Trends
DTN Fertilizer Outlook
DTN Retail Fertilizer Trends
DTN Retail Fertilizer Trends
Parallels to 1997
Co-op Backtracks on N Plant