ALERT 9/10/2013: Book a Portion of Potash Needs

September 10, 2013 07:21 AM

kRetail Potash pricing is 15% below year-ago and global sendout prices are in decline, but the floor is fast approaching. Look to fill up to 30% of fall potash needs at current pricing. We expect another few percentage points of decline by next week, but booking now will create a hedge if these declines do not materialize.

The current Midwest average price is at $511.88 and we strongly advise growers in states with a $400 handle to take advantage, but all subscribers are advised to book a portion. Check with your Inputs Monitor to view current pricing in your area. Click here for more...

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