Where does Potash Corp fit in?
Potash Corp is the world’s largest fertilizer company and in particular controls 20% of the world’s potash production capacity. It is estimated that Canada holds over 60% of the world’s potash reserves putting the big three producers in a prime spot for growth: PotashCorp, along with The Mosaic Company (MOS) and Agrium Inc. (AGU). The three key ingredients to replenish in soils through fertilizers are potassium, nitrogen and phosphate, thus the three primary lines of production at Potash Corp. Potash itself is the best and purest way to restock potassium in fields placing it in high demand with an estimated 93% of potash used exclusively for fertilizers. Potash Corp is located in the middle of a major rebound wave in agriculture production and economic growth. After the devastating destruction in soft commodity prices following the oil bubble in 2008, farmers and dealers stepped back, demand for fertilizer fell off and potash prices collapsed. Now the recovery in prices has been well u
