Potash prices have just started to move. Last year a ton of potash cost $210. This year, it cost $625 a ton. Within the next three years, prices will average $1,350 a ton. That’s according to fertilizer industry consulting firm Fertecon.Over the long term, the picture gets even brighter. Fertecon says long-term prices for potash will more than double from here.

Potash prices are going parabolic. This commodity is different, though. Potash is vital part of fertilizer. Food demand continues to rise. Global farmland per capita is declining. The agriculture boom is still in its early phases.

At the end of the day, you can drive less to reduce exposure to high oil and gasoline prices. But can you eat less food?

The smart money is betting big on potash. Two billionaires just cut seven-figure checks on a potash upstart two weeks ago. You can learn how to invest right along with them here.

Good investing,

Andrew Mickey

Editor, Fear & Greed

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Source: Still the Big Thing in Agriculture