Roadstar Biker

Intrepid Potash IPO: Soaring Shares Signal Fertilizer Bubble?

Food and related commodities like potash can't be treated like hard commodities. Demand is linked to population - people have to eat - so it's not as flexible as manufacturing. Supply is affected by a number of factors outside of the suppliers control: climate, the weather, politics and energy prices. You can't compare the supply & demand dynamics of food to that of computers or any other discretionary product - because food is not discretionary.