Potash prices have been falling after shipments from Belarus and Russia resumed. These exports had been significantly restricted last year following Western sanctions imposed on Russia in response to its invasion of Ukraine. | Screencap via nutrien.com

Nutrien profit takes hit as potash prices fall

REUTERS — Nutrien fell short of analysts’ estimates for third-quarter profit, as lower potash prices weighed on the world’s biggest fertilizer producer. Potash prices have been falling after shipments from Belarus and Russia resumed. These exports had been significantly restricted last year following Western sanctions imposed on Russia in response to its invasion of Ukraine. […] Read more


FCC senior economist Leigh Anderson thinks the recent downward trend will continue for the first part of 2024 and then recover as seeding approaches. | File photo

Fertilizer prices to follow downward trend

Farm Credit Canada expects fertilizer prices to remain under pressure into early 2024. Prices have been falling since reaching record highs in 2022 as the world faced supply issues following Russia’s invasion of Ukraine. FCC senior economist Leigh Anderson thinks the recent downward trend will continue for the first part of 2024 and then recover […] Read more

Fertilizer is augered into the upward-tilted box of a grain truck.

Fertilizer prices could fall

Farm Credit Canada expects fertilizer prices to remain under pressure into early 2024. Prices have been falling since reaching record highs in 2022 as the world faced supply issues following Russia’s invasion of Ukraine. FCC senior economist Leigh Anderson thinks the recent downward trend will continue for the first part of 2024 and then recover […] Read more

The Redwater fertilizer plant near Fort Saskatchewan, Alta.

Nutrien not selling assets

WINNIPEG (Reuters) — Canadian potash producer Nutrien is not looking to sell assets to raise capital, chief executive officer Ken Seitz said, as falling fertilizer prices have caused it to scrap projects and trim costs. Nutrien said Aug. 2 that it would halt plans to expand potash production in Saskatchewan and end work on a […] Read more


A wheel loader scoops up a bucket full of urea fertilizer from a massive pile in an indoor warehouse.

Fertilizer market stabilizing, say analysts and suppliers

After sky-high prices last year, cautious markets and uncertain supply are contributing to lower costs for major inputs

Urea prices are down 40 percent since the spring of 2022, while anhydrous prices have plummeted 42 percent, according to DTN.