Why not? If Uralkali's leaving BCP caused the K producers to fall 30%, why wouldn't a new BCP cause a similar gain? Two cartels can do a lot (as previously shown).
Yes, things have changed, in India the rupee has become monopoly money but that's India's problem. Feeding their people is also their problem. India will have to deal with it; grow more food (fertilizer required), or eat less. India has also become a minor importer. Brazil and China are now the biggest. South East Asia is working on 3rd place.
If I was CEO of any K company, I'd try to lower prices to screw BHP and K&S. Will they build Sk mines planning to operate at a loss for the foreseeable future?
Why did UK's CEO decide to lower prices (and his company's profits)? I have an idea, you should be able to figure it out.
If you file Cdn taxes, the dividend dollars after tax are about equal to interest earnings of 7%. Cdn corps' dividends get a favorable tax rate since corporate tax has been paid pre-dividend (ie. the dividend is not deductible to the corp).
Canada will have abundant wheat this year. If you google "Farmers, terminals struggle to store and ship bumper crop" you'll get:
"Leading the way are oilseeds such as flax, canola and mustard, expected to be up 58 per cent over the 10-year average. Wheat is expected to be up 40 per cent over the 10-year average."
In other words, western Canada has had it's best crop ever, by a wide margin.
Well, the article speculates a year or two. To me, the "near future" precedes this.
" I am looking for some wise concise stock market advice"
It was me. Sorry, had to cover a margin call on Blackberry. It's ok though, my CMP (Consolidated Moose Pasture) is about to be a 100 bagger.
Contributors to Seeking Alpha are no more reliable/knowledgeable than those here, that means, in general, useless. I have seen at least one entry stating that the world demand for K is 37.xx tons. Accurate to two decimal places and wrong by 50+%.
Read and follow at your own risk.