Spiked potash price; Weak wheat auctions; Poultry import ban

Spiked potash price threatens spring planting in China Potash is said to be in short supply in China and farmers are having difficulty sourcing the fertilizer as prices jumped 71% over the past year. In 2020, China imported just over 9 million ton of potassic fertilizers, account for 53% of the country’s needs. The top three suppliers of potash to China are Canada, Russia, and Belarus. China’s fertilizer imports have been implicated by geopolitical tensions, as Belarusian exports need to transit...

 

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