US-based fertiliser producer The Mosaic Co. will cut potash production by up to 20% from February through to May 2012 as the global economic uncertainty delays purchases, the company announced.
“Cautious dealer sentiment continues to delay purchases and lower near-term demand for potash,” said president and CEO Jim Prokopanko.
Propanko however highlighted that as “farmer economics remain strong”, Mosaic continues to “expect an above average application season in North America and record-setting global...