On the subject of Tariffs and their impact on Potash...

On the subject of Tariffs and their impact on Potash prices.

China will switch their purchases of agricultural products away from the US and to others, particularly Brazil.

https://t.co/Dl4HA9H7Lz

US farmers have to decide the acreage they will plant for "China destined" cereals (Soy beans etc.) now, and obviously these will be much lower than forecast as a result. Brazilian framers (with their season 6 months behind) will be gearing up for higher production. Higher production in Brazil will raise the demand for fertilizers substantially as a result.

More generally tariffs on (Chinese) shipping have raised transport costs for Asian buyers of US agricultural products

https://t.co/pAvidlZW5Q

In addition the impacts of the tariff disputes will raise inflation, reduce growth and reduce employment. The reaction of China and Russia to these pressures is the make fertilizers cheap and readily available, in order to keep domestic food prices low.

https://t.co/J14iDOZMYh