NEWS
Uralkali to Buy Fertilizer Distributors
Mon Aug 26, 2013 07:23 AM CDT

MOSCOW (Dow Jones) -- Russian potash producer Uralkali (URKA.RS) is in talks to buy distributors in several key markets following its departure from a trading block that broke up a global pricing cartel, business daily Vedomosti reports Monday.

Uralkali exited its trade partnership with producer Belaruskali through the Belarusian Potash Corp., or BPC, on July 30, sending global potash stocks into a downward spiral. Uralkali's Chief Executive Vladislav Baumgertner said at the time that he believes potash prices will drop 25% to $300 per ton.

The company now says it plans to adopt a volume-over-pricing strategy. For years, potash producers ...

Quick View
  • Betting on Shorter Beans Researchers at the University of Nebraska and Purdue University have pinpointed a gene that produ...
  • Super Food Silage has never gone out of fashion in Bath County, Kentucky, even when the lure of $6- to $8-pe...
  • Farmers Pivot Back After Storms The majority of center pivots damaged by severe weather earlier this summer in Nebraska are up an...
  • Pick Contingency Plans - 3 As crop prices and insurance coverage swoon, farmers may need to supplement incomes with federal ...
  • Weathering the Drought Parts of the panhandle and western Oklahoma are still considered as being in extreme or exception...
  • AFBF Appeal The American Farm Bureau Federation asked a federal appeals court to reverse a lower court's Sept...
  • Pick Contingency Plans - 2 Commodity payments are largely capped at $125,000 per person. People must also report under $900,...
  • Ask the Vet Some tips on fly control.
Related News Stories
Sask Harvest Behind Pace
Bin Busting Rain
USDA Weekly Crop Progress
Midwest Crop Tour - Final
Farming on the Mother Road - 7
Midwest Crop Tour - Day 4
Midwest Crop Tour - Day 4
Midwest Crop Tour - Day 3
Midwest Crop Tour - Day 3
Midwest Crop Tour - Day 2