# Fertilizer producer Nutrien to boost potash output amid global shortage

> Nutrien, the world's largest fertilizer producer, said it will raise its Canadian potash output by 20% to 18 million tonnes a year by 2025. The company is responding to tight supplies after Western sanctions on Russia and Belarus. Russia and Belarus are the second- and third-largest potash producers, with Canada ranked first.

- Date: 2022-06-09 · published 2022-06-09T12:00:00.000Z
- Category: geopolitics · region Canada · magnitude low
- Page: https://feedsoft.ai/events/41293-fertilizer-producer-nutrien-to-boost-potash-output-amid-global-shortage
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Added Canadian capacity eases the medium-term potash shortage that has pushed prices up, so the longer-run price pressure is bearish. Near term, supply remains constrained and prices stay firm.

## Read by commodity

- POTASH: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/article/nutrien-investor-day/fertilizer-producer-nutrien-to-boost-potash-output-amid-global-shortage-idUSKBN2NQ14Q/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.