@theminingnews.bsky.social🚀 Potash Producers Navigate Volatile Agricultural Markets and Sanctions Fallout
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#Potash #PotashMarket #Fertilizers #Agriculture #SupplyChain #Geopolitics #Sanc
@grainnebrennan.bsky.socialTrump says US to keep buying potash from Canada🤣
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@WorldNews #USCanadaTrade #PotashMarket #TrumpPolicy
@leshoshin.bsky.socialBelarus's total potash production is around 12 million tons, barely higher than the 10 million tons that Saskatchewan sends to the United States. As a Russian vassal, Belarus primarily supplies its allies such as India and China.
@leshoshin.bsky.social"Belarus does not have the physical reserves to honor this agreement. Following Western sanctions, the country has redirected 85% of its exports to the East (China, India, Russia). The entire current production is already locked by firm contracts."
@leshoshin.bsky.social"Even President Alexander Lukashenko has recognized his country's limitations. He said Monday in a press release that Belarus cannot supply large volumes of potash to the United States."
@leshoshin.bsky.social"Belarus is one of the main potash producers, but I do not think it has stockpiles of potash that President Trump will be able to access," points out Erin Weir, an economist specializing in potash.