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To: blam

I don’t understand why the potash corp of saskatchewan would have food price exposure.


5 posted on 08/24/2011 6:51:40 AM PDT by mamelukesabre (Si Vis Pacem Para Bellum (If you want peace prepare for war))
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To: mamelukesabre
I don’t understand why the potash corp of saskatchewan would have food price exposure.

It's fertilizer, the bet being that rising prices will cause farmers to try to maximize their crop yield per acre, and/or to cultivate additional land.

8 posted on 08/24/2011 6:57:34 AM PDT by southernnorthcarolina ("Better be wise by the misfortunes of others than by your own." -- Aesop)
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To: mamelukesabre

Potash is the primary source for potassium, a key ingredient in fertilizer.

See: http://en.wikipedia.org/wiki/Potash


9 posted on 08/24/2011 7:04:34 AM PDT by stiguy
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