Josh Linville

Because they're landlocked, they would produce all this potash and they'd ship it through Lithuania and out to sea using their deep sea ports. But Lithuania is a Western country, and they didn't care for the fact that Belarus opened their borders to Russia and allowed them to do that.

So I think it was February 1, 2022, the Lithuanian government signed a decree basically shutting the borders with Belarus. They took all their property, they took all their infrastructure, all the stuff that was within Lithuania, and shut everything down. One of the biggest potash exporters in the world just dropped out of the air. Now they've been starting to kind of find their way back.

So I think it was February 1, 2022, the Lithuanian government signed a decree basically shutting the borders with Belarus. They took all their property, they took all their infrastructure, all the stuff that was within Lithuania, and shut everything down. One of the biggest potash exporters in the world just dropped out of the air. Now they've been starting to kind of find their way back.

So I think it was February 1, 2022, the Lithuanian government signed a decree basically shutting the borders with Belarus. They took all their property, they took all their infrastructure, all the stuff that was within Lithuania, and shut everything down. One of the biggest potash exporters in the world just dropped out of the air. Now they've been starting to kind of find their way back.

They're shipping a lot more stuff like Russia and over to China and different places like that. So they're now starting to come back. Russia, we thought we were going to lose them. Not only do we not lose them, they're actually exporting more on an annual basis than we've ever seen them do. And then you start to talk about all this new production. There's a new mine going in at Canada.

They're shipping a lot more stuff like Russia and over to China and different places like that. So they're now starting to come back. Russia, we thought we were going to lose them. Not only do we not lose them, they're actually exporting more on an annual basis than we've ever seen them do. And then you start to talk about all this new production. There's a new mine going in at Canada.

They're shipping a lot more stuff like Russia and over to China and different places like that. So they're now starting to come back. Russia, we thought we were going to lose them. Not only do we not lose them, they're actually exporting more on an annual basis than we've ever seen them do. And then you start to talk about all this new production. There's a new mine going in at Canada.

They're continuing to expand. It's going to be massive. Russia is continuing to build more product. China is investing in Laos to increase their operating rates, produce more products so they don't have to buy nearly as much from Canada.

They're continuing to expand. It's going to be massive. Russia is continuing to build more product. China is investing in Laos to increase their operating rates, produce more products so they don't have to buy nearly as much from Canada.

They're continuing to expand. It's going to be massive. Russia is continuing to build more product. China is investing in Laos to increase their operating rates, produce more products so they don't have to buy nearly as much from Canada.

So the list goes on, but basically what it comes down to is as we look forward, potash is the one input that we can sit there and somewhat confidently say, we think supplies are going to be solid. And a market that has more than enough supply, prices stay tame, prices stay low. They stay engaged with the marketplace because they don't want to lose any demand. They need all the demand they can get.

So the list goes on, but basically what it comes down to is as we look forward, potash is the one input that we can sit there and somewhat confidently say, we think supplies are going to be solid. And a market that has more than enough supply, prices stay tame, prices stay low. They stay engaged with the marketplace because they don't want to lose any demand. They need all the demand they can get.

So the list goes on, but basically what it comes down to is as we look forward, potash is the one input that we can sit there and somewhat confidently say, we think supplies are going to be solid. And a market that has more than enough supply, prices stay tame, prices stay low. They stay engaged with the marketplace because they don't want to lose any demand. They need all the demand they can get.

So get that price down where it needs to be.

So get that price down where it needs to be.

So get that price down where it needs to be.

Well, it's the Canadian rail strike. There are still logistical things we've got to watch, right? I mean, if that thing were to occur and it happens over the course of, say, like a month, I don't think it would ever occur. But if it did, imagine what that world looks like now because Canada is your biggest producer in the world.

Well, it's the Canadian rail strike. There are still logistical things we've got to watch, right? I mean, if that thing were to occur and it happens over the course of, say, like a month, I don't think it would ever occur. But if it did, imagine what that world looks like now because Canada is your biggest producer in the world.

Well, it's the Canadian rail strike. There are still logistical things we've got to watch, right? I mean, if that thing were to occur and it happens over the course of, say, like a month, I don't think it would ever occur. But if it did, imagine what that world looks like now because Canada is your biggest producer in the world.

You shut down the supply, you're talking hundreds of thousands, not billions, tens of millions on an annual basis. Do we have any potash mines in the U.S.? We do. They're not very big, though. Not nearly enough to take care of demand that's here.