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Gold/Mining/Energy : Verde Agritech
NPK.TO 1.100+3.8%Nov 10 3:59 PM EST

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Recommended by:
Claude Cormier
Frankly Speaking
Kahlua
From: LoneClone3/30/2022 12:44:19 PM
3 Recommendations   of 16582
 
I just read an interesting report from RBC on Russian and Belorussian fertilizer exports. (The two countries together accounted for 38% of world potash production before Putin decided to kill children and disabled people.) The methodology uses data on vessels loading at various ports around the Baltic Sea to show that the exports from Russia and Belorissia have slowed to a virtual standstill, which supports current high prices. They talk about the positive impact for Nutrien and Mosaic; I doubt they even know of the existence of NPK.

It looks like they plan to monitor this activity on an ongoing basis. If I come across further reports I will let you know.

LC
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