The WTO failure is excellent news for potash. With tightening international agricultural trade markets, potash will be soon highlighted as a key ingredient in fertilizer that must still be imported by china/india/brazil. Ironically, potassium in industrial capacity, is geographically concentrated outside of these areas, unavailable to the world's major populations.

It will become one of the few agricultural products that will become an important international commodity that is essential for food production, and is still freely traded without regional restrictions. Sounds like a "product" that deserevs a premium price.

It's not about oil. It's not even about corn. It's about the world deciding to grow their own food for a while, and share only essential things to feed their growing and hungry populations.

<I own POT, IPI, KCL, PON>