By: Josh Linville, Vice President- Fertilizer
Think that gets the majority of it!!
While Russian export totals are down, they are not down nearly as much as expected which helped keep a lid on world pricing.
Belarus is a completely different story. Recent months have seen their exports plunging which is leaving the world much more tightly supplied than it is used to. As long as their exports struggle to find homes, the world will remain tightly supplied which equates to high pricing. Then again, as mentioned before, if Lithuania is convinced to reverse course and allow exports, this market will look very different very quickly.
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