Monday, September 21, 2026

Did Donald Already Pay For This?

 Several problems here:

Belarus and Russia are major potash producers, but sanctions and the closing of a key port on Lithuania's Baltic coast have made those supplies expensive to ship to the US through Russia's Arctic. The US is still receiving potash exports from Russia, but the overwhelming majority of supply comes from nearby Canada.
Well, and:
Fertilizer analyst Josh Linville ​of StoneX said he ⁠doubts Belarusian potash will play a major role in either supplies for US farmers or in lowering prices that they presently pay.

"I'm afraid the impact would be ​limited. We have not struggled to find potash," he said. "We have more than ​enough to go ⁠around. It is phosphate and nitrogen that we need help with."

Even if Lithuania opened its port of Klaipeda to Belarusian potash exports, the relatively low current value of potash makes it hard to justify exports through the ⁠Baltic and ​across the Atlantic Ocean, Linville said.
Well, and:
Belarus’s authoritarian leader Alexander Lukashenko said Monday that there are no available volumes of fertilizer to send to the U.S. This came after President Trump announced that he was working on a “massive Deal” to buy potash from Minsk at a steep discount amid the trade war with Canada.

“Even if we wanted to supply [potash] to other, Western markets, we simply do not have those volumes — everything is contracted,” Lukashenko said in remarks published by his office on Monday.
Trump likely doesn’t know potash from potlach. You have to wonder who his advisors are:
The Iran war has restricted nitrogen and ​phosphate fertilizer supplies, blocking most Gulf shipments of nitrogen fertilizer, natural gas and sulfur — a key component in phosphate mining.
Trump really is not to be believed; about anything. Which doesn’t make him dangerous. It just makes us dangerous, if we don’t realize how ineffective he is.

No comments:

Post a Comment