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Nutrien, the Canadian fertilizer producer, may further slow its potash expansion as sales slump. The company is raising Canadian potash output 20% to 18 million tonnes a year by 2026, a one-year delay from its original plan.
Slower supply growth from a major producer supports potash prices over the medium term, while weak current sales signal soft near-term fertilizer demand that feeds into feed grain input costs.
reuters.comRod NickelMay 11, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
