Illinois Fertilizer & Chemical Association
Supply · Service · Stewardship

Canadian Fertilizer Companies Brace for Fall in U.S. Crop Prices

Canadian fertilizer companies Potash Corp of Saskatchewan and Agrium Inc are bracing for a pullback in demand from U.S. farmers due to sliding crop prices, but say any slump is unlikely to be severe.
The prospect for a record-large U.S. corn crop has dragged Chicago nearby corn futures to a four-year low.  Lower prices of corn, wheat and soybeans reduce farmers' margins, althought big crops offset some of the impact.
Corn is one of the biggest users of fertilizer - which boosts crop yields - and the United States pays a premium for potash over some other markerts that commit to supply contracts.
Click Here to read more.