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Potash miners announce further cutbacks

Monday, June 22, 2009

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Slow demand, and high inventories have prompted potash producers to issue further output cuts. Late Tuesday, Potash Corp of Saskatchewan ( NYSE:POT), the world's largest potash producer, said that it will reduce its potash output because of low demand; the following day, producer K+S Ag announced that it expects "further significant reductions" to its 2009 outlook.

Recession leaves farmers between a rock and a hard place

Tuesday, May 26, 2009

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As the economic recession spread across the globe, the value of crops plummeted and equity froze, forcing farmers into delaying applications of much needed fertilizer to their fields. This postponement has set the stage for the potash industry to boom.

Potash stockpiles at record high

Wednesday, April 22, 2009

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Sluggish demand world-wide due to the global financial squeeze has left potash stockpiles at all-time highs as potash miners fail to adequately adjust prices.

Acquisition rumours rock potash industry

Thursday, April 2, 2009

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Rumours of BHP Billiton's interest in acquiring a major potash company just won't go away. Speculation mounted that the world’s largest miner was preparing for a large acquisition after the company raised more than US $6 billion through the sale of bonds.

K+S is expecting recovery in demand to take up until 2011

Sat, Jul 4, 2009

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German fertiliser maker K+S expects lower price in its main product, potash, to help revive demand from farmers later this year. For full story, click here

Intrepid Potash has scheduled second quarter 2009 conference call

Sat, Jul 4, 2009

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Intrepid Potash, Inc. has scheduled to release second quarter 2009 financial results after the market close on August 6, 2009. The teleconference call to discuss second quarter 2009 results is scheduled for August 7, [...]

Athabasca Potash declared annual meeting date of Sept. 3, 2009

Sat, Jul 4, 2009

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Athabasca Potash Inc. declared that its annual meeting of shareholders will be held at the Delta Bessborough Hotel, Saskatoon, Saskatchewan at 2:00pm on Thursday, September 3, 2009. For full story, click here

Russia Urakali has seen Potash Market surge after crisis

Fri, Jul 3, 2009

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Russian potash miner Uralkali declared the industry will be among the first to recover after the financial crisis ends, though it declared the market instability will persist in the near-term. For full story, click here

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