Over the weekend Investor’s Business Daily (IBD) wrote an interesting article on the fertilizer industry “Fertilizer Stocks Sprouting“.

I don’t know if this article had too much to say that wasn’t already out there. It gave the rundown of the usual suspects (Potash stocks were running high, had a big drop in share price, some forward estimation cuts, new competition in pricing from Russia and China, still has upside, etc, etc, etc). So there was nothing really new on that front. However, towards the end of the article, in the outlook section, they did supply this interesting quote:

Everyone keeps telling us how bad it is and looks in the rear view mirror and tells us we’re in a depression,” Hackett said. “But everything that I see from a commodities perspective says that demand is growing.”

Upside: The fertilizer outlook for the 2010 crop year is looking increasingly strong.

If global economies shift into gear and corn supplies tighten this year, prices will rise and farmers will inevitably plant more corn next year.

While this isn’t a groundbreaking view, it does seem to be the norm amongst commodity traders and insiders. The question is (and has been for the past few months); when will we see this reflected in Potash share prices?

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