FARM BUSINESS NEWS
Canada's Grain Transport Conundrum
Tue Apr 1, 2014 05:13 PM CDT

MOSCOW (Dow Jones) -- Russian potash producer OAO Uralkali signed a one-year sales deal April 1 with India's largest importer to sell the fertilizer additive at $322 a metric ton.

The contract to sell 800,000 metric tons to Indian Potash Limited between now and March 2015, signals a firming of prices and a possible end to the uncertainty in the potash market. Prices had fallen more than 25% from $400 a ton last summer, after Uralkali left a trading partnership with Belarus, effectively ending an informal global pricing cartel.

Indian potash consumption has dwindled in the past few years as ...

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 - 2 Iowa farmland owners Fred and Lodean Cook may consider flexible cash leases for the first time th...
  • 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
DTN Fertilizer Outlook
DTN Retail Fertilizer Trends
DTN Retail Fertilizer Trends
Parallels to 1997
Co-op Backtracks on N Plant
CHS to Invest $2.8B in CF Inc. Unit
DTN Retail Fertilizer Trends