# Potash: Saskatchewan industry layoffs and cutbacks explained

> An overview of Saskatchewan's potash industry explains the latest cutbacks, including the Cory layoffs and temporary halts at two other sites. The province's three main producers operate nine mines with capacity above 30 million tonnes, about half of global demand.

- Date: 2016-11-24 · published 2016-11-24T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/74165-potash-saskatchewan-industry-layoffs-and-cutbacks-explained
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Coordinated supply cuts across Saskatchewan address global oversupply and could support potash prices if they continue. The outlook depends on demand recovery and new capacity such as K+S Legacy and Jansen.

## Read by commodity

- POTASH: bullish ▲

## Sources

- thestarphoenix.com: https://thestarphoenix.com/business/mining/everything-you-need-to-know-about-saskatchewans-potash-industry-cutbacks/

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