Drought And Rising Grain Prices are Good for Potash Corp. – ValueWalk Premium

Drought And Rising Grain Prices are Good for Potash Corp.

The worst drought in over 50 years has led to diminishing crops that have pushed up grain prices to new peaks.

According to a report by Reuters, corn, soybean, and wheat prices have reached fresh new highs since August 10, as financial investors, such as hedge funds try to jockey for shrinking supplies ahead of end-users who may be late to the party and shell out even higher prices.

Corn . . .

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