announcement

Canpotex Limited (Canpotex), a fixture in Saskatoon’s business community and Canada’s largest overseas exporter of high-quality potash, is celebrating a major milestone in 2022 — 50 years of nourishing the world’s fields in pursuit of food security. 

announcement

Canpotex announced today that it has donated $50,000 to the Canadian Red Cross – Ukraine Appeal which provides humanitarian assistance to those affected by the crisis in Ukraine, including Ukrainian refugees.

announcement

Today, Canpotex was recognized as one of Saskatchewan’s Top Employers. This special designation recognizes Canpotex as an employer of choice and highlights the programs and culture that make Canpotex one of Saskatchewan’s premier places to work.

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Canpotex has reached an agreement with China’s potash buying committee for standard grade potash shipments through to December 31, 2022, at a price of US$590/MT on a CFR basis.
 
“China has been an important market to Canpotex for 50 years,” said Gordon McKenzie, Canpotex President and CEO.  “We look forward to continuing our support of food security in China by providing our customers with a reliable and stable supply of potash to support China’s growing needs.”
 

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Canpotex has agreed to a potash supply contract with its long-term customer, Indian Potash Limited (IPL) for potash shipments through to December 31, 2022, at a price of US$590/MT on a CFR basis.

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Canpotex is fully committed on volumes for potash sales through March 31, 2022. This is due to continued strong demand and solid fundamentals for agricultural commodities in key offshore markets. In addition, the focus on food security continues in a number of Canpotex’s markets.  

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Canpotex is fully committed on volumes for potash sales to the end of 2021. This is due to continued strong demand and solid fundamentals for agricultural commodities in key offshore markets. In addition, the focus on food security continues in a number of Canpotex’s markets.  

in the community

September is Milk Month at the Saskatoon Food Bank & Learning Centre (SFBLC). All month long the SFBLC raises awareness and funds in support of its Milk for Children Program.

For the past five years Canpotex has stepped up to support this critical program by matching all public donations in the month of September up to $50,000. In the last year alone, the food bank provided 56,428 litres of fresh milk for children and pregnant and nursing women.

in the community

The Saskatoon Food Bank & Learning Centre (SFBLC) is aiming to raise $100,000 in the month of September to ensure a litre of fresh milk is provided for every child visiting the organization.

in the community

On Friday, August 13 it was announced that Canpotex is the recipient of the 2020 Canada’s Volunteer Awards, Regional Business Leader: Prairies. The award recognizes Canpotex’s commitment to the Saskatoon Food Bank and Learning Centre (SFBLC), where they have been an engaged partner since 2017. 

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Canpotex is fully committed on volumes for potash sales into November 2021, due to continued strong demand and solid fundamentals for major agricultural commodities in key offshore markets. The focus on food security continues in a number of Canpotex’s markets.  

in the community

In celebration of Mother’s Day, Canpotex is making a $150,000 donation over 5-years to the Jim Pattison Children’s Hospital Foundation. We are proud to have our name displayed supporting a Nourishment Room within the Mosaic Maternal Care Centre at Jim Pattison Children’s Hospital, in recognition of our partnership.

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Due to continued strong demand for potash in numerous key offshore markets, Canpotex is fully committed on volumes for potash sales into September 2021. This strong demand continues to be supported by solid fundamentals for several major agricultural commodities and a focus on food security in a number of Canpotex’s offshore markets.

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Belarusian Potash Company yesterday announced it has agreed with a Buying Consortium to supply potash to China at a contract price of US$247/MT CFR, which would be a US$27/MT increase from previously-reported China contracts. As stated in our release when BPC announced it had concluded a contract for India, this price is significantly below current market levels for potash in key offshore markets.

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Belarusian Potash Company has announced agreement to a new annual contract with Indian Potash Limited to supply 800,000 metric tons of potash to India at a price of US$247/MT CFR. This  would be significantly below current market levels for potash in key offshore markets and a complete disconnect from the strong fundamentals currently being seen for major agricultural commodities in numerous growing regions throughout the world.

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Due to continued strong demand for potash in key offshore markets, Canpotex is fully committed on volumes for potash sales through Q1 2021. This strong demand continues to be supported by solid fundamentals for several major agricultural commodities in numerous growing regions. The fully committed position through Q1 2021 exists without new contract settlements in China or India. The focus on food security continues in a number of Canpotex’s offshore markets.

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Due to continued strong demand for potash in key offshore markets, Canpotex is fully committed on volumes for potash sales for shipment into February 2021. This demand is being strongly supported by solid fundamentals for agricultural commodities in numerous growing regions. The focus on food security continues in a number of Canpotex’s offshore markets.

in the community

With the support of the public and Canpotex, the Saskatoon Food Bank & Learning Centre (SFBLC) raised the largest amount ever for their Milk for Children Program during Milk Month, totalling $133,511. This unprecedented level of support will provide 93,365 litres of milk to the community.

The SFBLC recognizes September as Milk Month each year. All month long, the Food Bank raises awareness and funds in support of its Milk for Children Program.

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Due to continued strong demand for potash in key offshore markets, Canpotex is fully committed on volumes for potash sales for shipment through to December 31, 2020. This demand is being supported by solid fundamentals for agricultural commodities in numerous growing regions. The focus on food security continues in a number of Canpotex’s offshore markets.

in the community

September 1st marks the kick-off of Milk Month, a partnership between Canpotex and the Saskatoon Food Bank & Learning Centre. Throughout Milk Month Canpotex matches public donations made to the Food Bank with funding targeted towards their Milk for Children Program.