John-Galt

The Market Hates Mosaic: Phosphates Not Up to Snuff

POT seemed a better bet, but at these prices I may add some MOS now that the pain is in for POT as well.

It's not just the world eating more, but eating better. Regardless of what happens with Chinese and Indian and Russian economic growth (which will affect steel, coal, and copper), it is notable that once a population shifts to higher protein diet it does not change back peacefully. Chinese leaders especially know this, and will let almost anything drop except food production and availability. They are also locked into potash contracts for at least a year, which is part of why potash has firmer pricing duirng this silly period.