Nutrien’s potash mine at Allan, Sask., has been operating since 1968.

Journey to the centre of a potash mine

Reporter goes underground to see how Saskatchewan's potash is mined a kilometre under the Earth's surface

Reporter goes underground to see how Saskatchewan's potash is mined a kilometre under the Earth's surface.


Photo: Reuters/Ben Nelms/File

Global crop yields have not kept up with increasing demand 

Sluggish production blamed on adverse weather conditions and high input costs that lead to reduced fertilizer use

The global stocks-to-use ratio for the major crops, excluding China, has been trending down since 2018, Jason Newton, Nutrien’s chief economist, told delegates attending the 24th International Farm Management Association Congress in Saskatoon.







Nutrien’s head office building in Saskatoon. (Liam O’Connor photo)

Nutrien misses quarterly profit estimates as potash prices plummet

Fertilizer demand expected to rise in Q4

Reuters — Nutrien fell short of analysts’ estimates for third-quarter profit on Wednesday, as lower potash prices weighed on the world’s biggest fertilizer producer. Potash prices have been falling after shipments from Belarus and Russia resumed. These exports had been significantly restricted last year following Western sanctions imposed on Russia in response to its invasion