CANADIAN FIRM INTENDS TO INCREASE POTASH SALES TO BRAZIL

Canpotex, which exports potash from Canada’s two largest mining companies, informed Agriculture Minister Tereza Cristina on Tuesday (15) that it intends to increase its sales to Brazil beyond the current volume of 4 million tons per year. The Brazilian minister is in Canada to ensure greater supply to Brazil, the world’s largest importer of fertilizers. The mission takes place against the backdrop of the war in Ukraine and economic sanctions against key producers, such as Belarus and Russia, major exporters of potash and other inputs to Brazil. “We continue talking with several suppliers so that our agro continues to guarantee food security for Brazil and the world”, said the minister. According to a statement, Tereza Cristina also met with the presidents of the companies Brasil Potash, Gensource, Nutrien and Fertilizer Canada, and with the Canadian Deputy Minister of Agriculture, Paul Samson.

Source: Moneytimes/Global Fert (*Translated by Ia Niani)