This segment is from Thursday's edition of "Digging for Value," in which sector analysts Joel South and Taylor Muckerman discuss energy and materials news with host Alison Southwick. The twice-weekly show can be viewed on Tuesdays and Thursdays. It can also be found on Twitter, along with our extended coverage of the energy & materials sectors @TMFEnergy.
A spat between Russia and Belarus through the fertilizer market into a state of flux late in 2013. PotashCorp of Saskatchewan (NYSE:POT) caught the brunt end of the backlash, as it saw the price of its namesake fertilizer drop 27% in the fourth quarter. It will be interesting to see the viewpoints of competitors like Agrium (NYSE:AGU) and Mosaic (NYSE:MOS) when they both report later in February. One thing is for certain though, and that is that 2014 is going to be a year of transition for the potash fertilizer market.
2014 will have it's bright spots, and we believe this could be the brightest