5 unchanged sentences
For potash and Trio ® , we generally do not enter into long-term sales contracts for these products, so prices vary for each particular transaction depending on the market into which we are selling and the individual bids that we receive.
−Removed: For water sales, we have entered into a diverse set of long-term agreements, where the price per barrel of water is fixed.
−Removed: Generally, these agreements allow for the parties to periodically review and adjust the price per barrel of water to the prevailing market price.
+Added: For water sales, a portion of our sales are under a long-term agreement where the price per barrel of water is fixed.
+Added: This agreement allows for the parties to periodically review and adjust the price per barrel of water to the prevailing market price.
Our sales and profitability are determined principally by the price of potash, Trio ® , and water.
8 unchanged sentences
Borrowings under the revolving credit facility are secured by substantially all of our current and non-current assets, and the obligations under the credit facility are unconditionally guaranteed by several of our subsidiaries.
−Removed: As of December 31, 2022, we had no borrowings outstanding on this facility and $1 million in an outstanding letter of credit under the facility.
+Added: As of December 31, 2023, we had $4.0 million in borrowings outstanding on this facility and no outstanding letters of credit under the facility.
Geographic Concentration
6 unchanged sentences
Specifically, the U.S.
−Removed: imports the majority of its potash, including from Canada, Russia, and Belarus.
+Added: imports the majority of its potash, including from Canada, Russia, and other countries.
If the local currencies for foreign suppliers strengthen in comparison to the U.S.
6 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.