Potash Prices Could Drop
Tue Jul 30, 2013 02:48 PM CDT

(Dow Jones) -- U.S. farmers could benefit from lower fertilizer prices following Russian potash producer Uralkali's move Tuesday to pull out of a sales partnership with Belarus, marking the end of a global cartel in the potash market.

Potash is one of three key fertilizer products -- along with nitrogen and phosphate -- that farmers often apply to their fields before planting crops such as corn, soybeans or wheat.

For years, most of the world's potash -- a potassium-based fertilizer -- has been sold by the Belarusian Potash Co., or BPC, and North America's Canpotex. The Russian company said it ...

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