Bloomberg reports that fertiliser producers are next in line to benefit from rising crop prices, with farmers poised to plant more acres in 2021.
For the world’s handful of companies that produce potash – a potassium-rich fertiliser mined underground from evaporated sea beds – it is the light at the end of the tunnel following several volatile years.
Bloomberg’s Green Markets pegs global potash demand at a record in 2021, while Morningstar Inc. says it will likely set a new “high watermark.”