Overview

Fertilizer and grain prices will remain high as global grain stocks are stressed by:

• an expanding population base
• the reduction in arable land
• evolving appetites (to include more red meat and dairy = increased consumption of crops)
• the bio-fuel industry

Faced with the reduction in arable land, steadily decreasing at approximately 1% per year, the agriculture industry will focus on balancing soil nutrients in order to achieve higher crop yields.

The fertilizer industry is fully aware of the impact of excessive fertilizer use and the resulting nutrient losses; the answer is "Smarter Farming".  Balanced fertilizer application is the only solution - applying the right product at the right time, place, and rate.  In turn, this translates into an exponentially increasing demand for potash-based fertilizers.