Before announcing her trip to Canada this month to try to guarantee the supply of inputs for Brazil, Minister of Agriculture Tereza Cristina had already been informed about the country’s inability to expand its exports in the short term and about the logistical difficulties faced by Canadian potash exporters A statement transmitted by the agricultural attaché in Ottawa, Paulo Márcio Mendonça Araújo, at the end of October, reports conversations between Brazilian diplomacy and the three main Canadian companies in the sector. But despite the logistical difficulty for a substantial increase in potash sales to Brazil, Nutrien, Mosaic (headquartered in the US), and K+S Canada rule out the possibility of a supply shock and guarantee a “reliable supply at competitive prices” to Brazilian rural producers. The president of Nutrien, Mayo Schmidt, told the Brazilian embassy he was “confident in contributing heavily to supplying Brazil, even in a possible scenario of accelerated growth”, says the statement. The executive stressed that Nutrien will be able to maintain itself as a reliable supplier with competitive prices for Brazil”, stated the letter from the attaché.
Sources: Valor Econômico/Datamar News