There are hints that the potash industry is going to be at play in the peace talks aimed at ending the war in Ukraine.
They were contained in a New York Times report late last week examining the rapidly changing global political situation as the US puts its NATO allies on notice while looking to improve relations with Russia.
In the dying days of the Biden Administration Russian president Vladimir Putin was busy strengthening ties with Beijing but the Trump White House is trying to put a wedge between Moscow and China.
The first evidence is American and Russian officials meeting in Saudi Arabia to discuss ending the Ukrainian war. And a player on the sidelines is Russian ally Belarus which is also a big potash producer. It has been under sanctions since the invasion of Ukraine, including on its biggest export: potash.
Those may be easing as part of the pursuit of warmer relations between Trump and Moscow. That would make it easier for Belarus to get its potash to market while heightening international competition for Saskatchewan producers.
