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(Nutrien video screengrab via YouTube)
Crops

Nutrien to produce ‘most potash ever’ in 2022

Company to ramp up production in response to Ukraine conflict

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The world’s biggest potash-producing company is set to produce more potash in 2022 due to “uncertainty of potash supply” coming out of Eastern Europe. Saskatoon-based Nutrien, which has an estimated 20 million tonnes of potash-mining capacity across six mines in Saskatchewan, said Wednesday it plans to boost its output for 2022 to 15 million tonnes,
The Nutrien Redwater Fertilizer plant near Fort Saskatchewan, Alberta, Oct. 7, 2021.
News

Nutrien eyes Russian invasion causing prolonged global fertilizer disruption

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Reuters – Canada’s Nutrien, the world’s biggest fertilizer producer, said recently that Russia’s invasion of Ukraine could result in prolonged disruptions to the global supply of potash and nitrogen crop nutrients. Interim chief executive Ken Seitz said Nutrien will boost potash production if it sees sustained supply problems in Russia and Belarus, the world’s second-
File photo of Canpotex potash cars. (Dave Bedard photo)
Crops, Markets

Nutrien eyes potash production boost amid turmoil in Russia, Belarus

Idled Saskatchewan mines could be restarted

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Winnipeg | Reuters — Nutrien, the world’s biggest potash miner, could boost production by up to 29 per cent in coming years, depending on any sanctions facing rival producers in Russia and Belarus, the Canadian company’s interim CEO told Reuters. Prices of granular potash fertilizer are near 10-year highs in the United States and Brazil,
Mayo Schmidt, shown here speaking in Winnipeg in 2007, has “left his position” as Nutrien’s CEO and resigned from its board, the company said Jan. 4. (Dave Bedard file photo)
Crops

Nutrien makes surprise CEO switch again despite strong profits

Abrupt change 'mighty perplexing' to analysts

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Reuters — Canada’s Nutrien, the world’s biggest fertilizer producer by capacity, surprised investors by replacing its chief executive on Tuesday for the second time in eight months, even as the company rakes in strong profits. Nutrien said in a statement it named Ken Seitz, the head of its potash business, as interim chief executive after
wade barnes
News

Big ag goes headhunting for carbon offsets

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EMERGING | In a wild, wild west of carbon programming services, should producers buy in (or rather sell in) to the sales pitch?

As Canadian and U.S. carbon markets heat up, big ag companies are throwing their hats into the carbon offset program ring and looking to recruit farmers to produce those offsets. This June, fertilizer giant Nutrien rolled out a plan to expand its pilot carbon program which began last year. With about 200,000 acres enrolled in
(DarcyMaulsby/iStock/Getty Images)
Crops, Markets

Potash partnership with BHP ‘not our focus,’ Nutrien executive says

Prices surging on rising demand, Belarus sanctions

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Winnipeg | Reuters — Canadian potash producer Nutrien is not focused on any potential collaboration with miner BHP Group, a senior Nutrien executive said Tuesday in the company’s first public comments about reports of possible co-operation. BHP has for years been constructing a potash mine at Jansen, Sask., near Nutrien’s six mines in the province.
Nutrien’s potash mine near Rocanville, Sask. (Nutrien.com)
Crops, Markets

Nutrien to further bump up potash output

'Continued tightening' in market cited as potash producer Belarus sanctioned

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Winnipeg | Reuters — Canadian fertilizer producer Nutrien said Monday it would boost its 2021 potash output by 500,000 tonnes, after the European Union and others imposed new trade sanctions on Belarus. Nutrien’s increase takes its potash sales outlook this year to a record-high range of 13.3 million to 13.8 million tonnes, and follows a
Nutrien’s potash facility at Vanscoy, Sask. (Nutrien.com)
Crops

Nutrien to boost potash output on global demand

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Reuters — Fertilizer company Nutrien said Monday it expects to increase potash production by about half a million tonnes in the second half of the year compared to earlier expectations, due to strong global demand. As crop prices rise, farmers have greater incentive to use fertilizer and maximize yields, boosting potash demand and spurring a

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