hollowman

Potash Sell-Off Overdone - Citi

KSu, I agree that a lot of what we've seen in ag names is due to the funds. In particular, they have been liquidating their holdings in ag names to cover their losses in energy.
However, I think that oil prices have far less downside risk, and it is well known that China will start next year with a huge deficit of fertilizer. This is very bullish, and will keep potash prices high for the foreseeable future.