Analysts are predicting a drop in potash prices as the world’s two most populous nations continue to delay regular imports of the fertilizer in an attempt to get the lowest prices, Bloomberg reports. Demand for the potassium-based salt is elastic because farmers can opt to skip a season and rely on residual traces of the nutrient in the soil.  Producers have responded to the months-long delays by cutting production, preventing an even steeper price drop.

Matt Insley

The Managing Editor of the Daily Resource Hunter, Matt is the Agora Financial in-house specialist on commodities and natural resources.  He holds a degree from the University of Maryland with a double major in Business and Environmental Economics.  Although always familiar with the financial markets, his main area of expertise stems from his background in the Agricultural and Natural Resources (AGNR) department.  Over the past years he’s stayed well ahead of the curve with forward thinking ideas in both resource stocks and hard commodities. Insley's commentary has been featured by MarketWatch.

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