John-Galt

Potash Corp. Earnings Shouldn't Peak Until at Least 2011

Yep the world has to eat. Prices dont rise forever, but just renewing existing low price contracts can drive POT earnings up substantially over the next few years. Yet be aware that US farmers are already switching to less fert-intensive crops as crop price swings make farming a precarious business again. Just like with oil, demand does NOT have to expand linearly or perpetually.