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The purchase was made in the name of a trust for Ekatarina Rybolovleva, a 22-year-old college student and daughter of Dmitry Rybolovlev, a Russian now based in Monaco who made a fortune in potash fertilizer.
WSJ: Record Sale at $88 Million
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Prices for potash, the important fertilizer ingredient, dropped in 2009 after hitting record highs in 2008.
FORBES: BHP's Potash Deal Might Not Happen
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Fertilizer maker Potash has seen its stock rise since mid-November after a volatile 2012, while equipment maker Deere is near 52-week highs.
FORBES: Monsanto Surges On Latin American Demand As Food Prices Hover Near All-Time Highs
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The region is also flush with uranium and potash, a key ingredient in fertilizer.
FORBES: Canada Takes China And Vice-Versa
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Mines harvesting potash, a key ingredient for fertilizer, were closing, and Carlsbad seemed on the road to becoming another Chihuahuan desert ghost town.
FORBES: How Carlsbad got WIPPed
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Similarly, buying shares of fertilizer companies, like Potash Corp. (NYSE: POT) or CF Industries (NYSE: CF) is also a potentially profitable way to trade this issue.
FORBES: Trading Food Inflation
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Chemical and fertilizer manufacturers like Dow and Potash, for example, use gas as a fuel and a feedstock.
FORBES: Shale Boom Still Has Plenty Of Room To Run
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The world has plenty of potash 610 years worth, which ensures centuries more of fertilizer-making, and 590 years of known iron-ore reserves, according to U.S. Geological Survey estimates.
WSJ: Exhausting the Earth's Resources? Not So Fast
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Cantopex, which also represents fertilizer producers Agrium ( AGU) and Mosaic ( MOS), gives Canada genuine clout in setting international potash prices.
FORBES: Canadians See Red Over Chinese Potash Takeover