Insights and Stories on PotashCorp

Jan. 26, 2017 at 3:17 pm CST

Reuters — The deepest slump in a decade for the oversupplied potash fertilizer market may abate only slightly in 2017, major producers say, and could take years to correct due to the imminent startup of new mines. PotashCorp, the world’s biggest fertilizer producer, forecast a less profitable year on Thursday […]

By John Benny, Rod Nickel

Dec. 8, 2016 at 8:00 pm CST

CNS Canada — It’s shaping up to be a typical winter season for fertilizer prices, according to an industry expert, but he cautions plant expansions in the U.S., corn acreage and the murky world of Chinese exports will all play a part in determining any price spikes in coming months. […]

By Dave Sims

Nov. 23, 2016 at 11:48 am CST

Reuters — Fertilizer maker PotashCorp said Wednesday it was reducing jobs and output at one Saskatchewan mine and temporarily curtailing production at two others as the sector struggles with weak prices. The company said it would cut production at its Cory potash mine, just west of Saskatoon, to 800,000 million […]

By Rod Nickel

Nov. 3, 2016 at 2:22 pm CDT

Reuters – Agrium, the Calgary-based fertilizer maker that’s in the midst of a merger with PotashCorp, reported a quarterly loss Nov. 3. The company reported a net loss from its operations of $52.2 million, or 39 cents a share in the third quarter, which ended Sept. 30. That’s compared to […]

By Reuters

Nov. 1, 2016 at 5:12 pm CDT

Reuters — U.S. fertilizer producer Mosaic Co. may need to restart its idled potash mine at Colonsay, Sask. next year, as international buyers work through inventories, the company said on Tuesday. Mosaic halted production in July at the mine, about 70 km southeast of Saskatoon, for the rest of 2016 […]

By Ismail Shakil, Rod Nickel