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Posts on this website are general "tips" and nothing more than that and should never be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. Sparty's posts nearly always relate to companies that he either holds, has held or intends to hold.
Main Forum•Be rewarded with Reward (RWD) -leafy green vegetables for China
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For those wanting exposure to China's appetite for green food Reward ASX: RWD offers an interesting entry point. Reward an ASX listed micro-cap has a couple of very large potash resources that have the SOP form of potash fertilizer. SOP is what farmers need to grow leafy green vegetables the ones that China cooks so well in stir fries.
The much more common MOP Muriate of potash (KCL) is mainly used for broadacre crops (wheat, corn etc) while K2So4 Sulphate of Potash (SOP) is used for green leafy vegetables including broccoli, lettuce etc. SOP sells at almost double the price of MOP and MOP has some toxic effects on leafy vegetables because of its contained chloride and so cannot be readily substituted. See table below
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Australia has several other ASX listed companies with Potash resources however RWD is in a great position to supply China in the near future.http://www.australianminesatlas.gov.au/aimr/commodity/potash.html
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Chloride Tolerance of Agricultural Crops
(Listed in order of increasing tolerance)
Crop
Maximum Soil Cl- Conc.* Without Yield Loss (threshold ppm)
Percent Yield Decrease
per ppm Cl- Conc. Increase Above Threshold
Strawberry
350
0.094
Bean
350
0.054
Onion
350
0.046
Carrot
350
0.04
Radish
350
0.037
Lettuce
350
0.037
Turnip
350
0.026
Rice, paddy **
1050
0.034
Pepper
525
0.04
Clover, strawberry
525
0.034
Clover, red
525
0.034
Clover, alsike
525
0.034
Clover, ladino
525
0.034
Corn
525
0.034
Flax
525
0.034
Potato
525
0.034
Sweet potato
525
0.031
Broadbean
525
0.028
Cabbage
525
0.028
Foxtail, meadow
525
0.028
Celery
525
0.017
Clover, Berseem
525
0.017
Orchardgrass
525
0.017
Sugarcane
525
0.017
Trefoil, big
700
0.054
Lovegrass
700
0.023
Spinach
700
0.023
Alfalfa
700
0.02
Sesbania **
700
0.02
Cucumber
875
0.037
Tomato
875
0.028
Broccoli
875
0.026
Squash, scallop
1050
0.046
Vetch, common
1050
0.031
Wildrye, beardless
1050
0.017
Sudangrass
1050
0.011
Wheatgrass, standard crested
1225
0.011
Beet, red **
1400
0.026
Fescue, tall
1400
0.014
Squash, zucchini
1575
0.026
Hardinggrass
1575
0.023
Cowpea
1750
0.034
Trefoil, narrow-leaf birdsfoot
1750
0.028
Ryegrass, perennial
1925
0.023
Wheat, Durum
1925
0.014
Barley (forage) **
2100
0.02
Wheat **
2100
0.02
Sorghum
2450
0.046
Bermudagrass
2450
0.017
Sugarbeet **
2450
0.017
wheatgrass, fairway crested
2625
0.02
Cotton
2625
0.014
Wheatgrass, tall
2625
0.011
Barley **
2800
0.014
Note: These data serve only as a guideline to relative tolerances among crops. Absolute tolerances vary depending upon climate, soil conditions, and cultural practices.
