Potash: Why I’m Bearish

Trace Mayer submits:

On 24 April 2009 I was a guest judge on Canada’s national business channel Business News Network’s show Stars & Dogs with host Andrew Bell and Boyd Erman and the exchange is available. The company under discussion was Potash Corporation (POT) and I realize some may be wondering what potash is.

Potassium carbonate, or potash, has been used since antiquity in the manufacturing of glass, soap, and soil fertilizer. Potash is important for agriculture because it improves water retention, yield, nutrient value, taste, colour, texture and disease resistance of food crops with wide application to fruits, vegetables, rice, wheat,

grains, sugar, corn, soybeans, palm oil and cotton, which all benefit from the quality enhancing properties.

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