Saskatchewan Is Key Player In Global Fertilizer Industry

A change in the weather should see some good harvest activity over the next week.

Farmers continue to work on increasing production to meet growing population needs and for many producers, fertilizer is a key input to boost crop yields.

Ron Styles the Executive Director for the Saskatchewan Potash Producers Association says Saskatchewan is a key player in the Global Fertilizer Industry.

He says we are the number one producer of potash in the world, adding we have ten potash mines in the province and a very strong industry.

“We have three major companies K+S Potash Canada, which opened up a new mine out by Bethune. We also have Nutrien which is a much more recent company, an amalgamation of Potash Corporation and Agrium, and they are the single largest producer in the world at the present time and we have Mosaic as well. All three are very critical in the industry and all are major players on the world market.”

He notes Saskatchewan exports Potash to over 75 different countries.

“The industry itself exported around $4.8 billion dollars worth of Potash exports in 2017. If you were to broaden it out from potash to the overall fertilizer industry here in the province; the industry itself contributes approximately $8.8 billion of economic activity in Saskatchewan and to our GDP is $5.5 billion so very sizeable numbers.

Saturday, October 13th was Global Fertilizer Day.