potash

Sask. government forecasting $251 million deficit due to potash prices and drought

Sask. government forecasting $251 million deficit due to potash prices and drought

Nov 27, 2023 | 12:54pm
Deputy Premier and Finance Minister Donna Harpauer presented the 2023-24 Mid-Year Report, revealing that global market conditions, severe drought and potash market dynamics are key factors contributing to a forecasted deficit at mid-year. The Mid-Year Report outlined a deficit of $250.5 million, down $1.3 billion from the budget and $736.1 million from the first quarter. […]
Nutrien putting the brakes on potash production

Nutrien putting the brakes on potash production

Aug 3, 2023 | 4:53pm
Nutrien says it has decided to indefinitely pause its ramp-up plans for potash production. The company cited market conditions for stopping efforts to bolster potash output to 18 million tonnes. Potash prices have eased after the resumption of shipments from major supplier Belarus, whose exports were largely frozen last year due to western sanctions after […]