Fertilisers

Many years ago, I worked with a very nice but laconic surgeon (retired a long time ago).  He said he has never seen a drought that does not end.

The Yankees and the Indians are suffering under severe drought so the price of grains have shot up.  No rain means fertilisers cannot be applied.  Hence, while grain prices are very high, no one is buying potash or phosphate.  But as Dr Dinning wisely said, the cycle will repeat and the rains will come.  As usual, the best time to buy is when the market is down, the stock has good potash/phosphate prospect and you have patience.