Improved mine automation helped fertilizer giant Nutrien Ltd. increase potash production in the first quarter amid strong demand for its products, the company’s chief executive said. “We're encouraged by the strength of demand and continued market stabilization that we saw in the first quarter,” president and CEO Ken Seitz told analysts on an earnings call on Thursday. The Saskatoon-based company saw unprecedented volatility in fertilizer markets last year that led it to indefinitely pause a pla
In this piece, we are going to look at the 20 biggest grain exporting countries in the world. If you wish to skip our discussion on the global grain industry, you can go directly to 5 Biggest Grain Exporting Countries in the World. The world’s population is growing at a rapid pace, as the global […]
Canadian fertilizer producer Nutrien is seeing strong interest from prospective buyers in its retail assets in Argentina, Chile and Uruguay, CEO Ken Seitz said in an interview on Thursday. Nutrien wants to improve its earnings' stability and Argentina's currency controls make operating in the country complicated. Since 2019, Argentina's peso has been kept artificially strong by strict capital controls that create a wide gap between the official exchange rate and parallel rates.