Strong potash demand helps Nutrien weather challenges in the agricultural industry
Earned US$25 million in Q3, down from US$82 million a year ago
by Michael Joel-Hansen · Saskatoon StarPhoenixSaskatoon-based Nutrien Ltd. earned US$25 million in its third quarter, down from US$82 million a year ago, as some negative changes in the agricultural industry outweighed continued strong demand for potash.
“We are in an ag environment where we’ve seen softening of corn and soybean prices,” chief executive Ken Seitz said while describing the company’s quarterly results as reasonable.