North American potash stocks become less ample in June

decrease font size  Resize text   increase font size       Printer-friendly version of this article Printer-friendly version of this article

North America's stocks of the crop nutrient potash shrank about 8 percent in June, but remained at unusually high levels, as miners slowed production and overcame dips in export and domestic sales.

Stockpiles of potassium chloride, more commonly known as potash, fell 230,514 tonnes in the month to 2.698 million tonnes, according to data posted on Monday on Potash Corporation of Saskatchewan's website.

Inventories of the crop nutrient at the mine level still stood 14 percent above the previous five-year average.

Potash supplies started piling up last year as key global consumers China and India delayed signing new supply contracts with Canpotex, the offshore marketing company owned by Potash Corp and fellow producers Agrium Inc and Mosaic Co .

Potash production dropped 28 percent from the previous month to 1.404 million tonnes - 11 percent below the output of a year earlier. Potash Corp began idling mines for summer maintenance at the end of June.

Potash exports by North American producers dipped 6 percent in June from the previous month to 1.001 million tonnes.

Domestic sales, mainly to the United States, plunged 62 percent from May to 400,000 tonnes, as most crop planting and the spring fertilizer season wrapped up. Those sales were 20 percent less than a year earlier.

Buyers Guide

Doyle Equipment Manufacturing Co.
Doyle Equipment Manufacturing prides themselves as being “The King of the Rotary’s” with their Direct Drive Rotary Blend Systems. With numerous setup possibilities and sizes, ranging from a  more...
A.J. Sackett Sons & Company
Sackett Blend Towers feature the H.I.M, High Intensity Mixer, the next generation of blending and coating technology which supports Precision Fertilizer Blending®. Its unique design allows  more...
R&R Manufacturing Inc.
The R&R Minuteman Blend System is the original proven performer. Fast, precise blending with a compact foot print. Significantly lower horsepower requirement. Low inload height with large  more...
Junge Control Inc.
Junge Control Inc. creates state-of-the-art product blending and measuring solutions that allow you to totally maximize operating efficiency with amazing accuracy and repeatability, superior  more...
Yargus Manufacturing
The flagship blending system for the Layco product line is the fully automated Layco DW System™. The advanced technology of the Layco DW (Declining Weight) system results in a blending  more...
Yargus Manufacturing
The LAYCOTE™ Automated Coating System provides a new level of coating accuracy for a stand-alone coating system or for coating (impregnating) in an automated blending system. The unique  more...
John Deere
The DN345 Drawn Dry Spreader can carry more than 12 tons of fertilizer and 17.5 tons of lime. Designed to operate at field speeds up to 20 MPH with full loads and the G4 spreader uniformly  more...
Force Unlimited
The Pro-Force is a multi-purpose spreader with a wider apron and steeper sides. Our Pro-Force has the most aggressive 30” spinner on the market, and is capable of spreading higher rates of  more...
BBI Spreaders
MagnaSpread 2 & MagnaSpread 3 — With BBI’s patented multi-bin technology, these spreaders operate multiple hoppers guided by independent, variable-rate technology. These models are built on  more...

Comments (0) Leave a comment 

e-Mail (required)


characters left

Pacesetter Grain Hopper

The Pacesetter Gain Hopper features original and innovative ideas like the patented RollerTrap™, the industry’s easiest to open and maintain trap ... Read More

View all Products in this segment

View All Buyers Guides

Feedback Form
Feedback Form