Top Fertilizer Maker Nutrien Sees Market Chaos Beyond 2022

The world's largestfertilizer company is considering whether to increase output with supply disruptions likely lasting beyond 2022.

Russia's invasion of Ukraine and the sanctions imposed on it have caused a huge shortage ofFertilizer prices have soared to all-time highs as Russia's invasion of Ukraine and the sanctions imposed on it have caused a huge shortage ofFertilizer prices have soared to all-time high The sanctions have the potential to create more long- lasting impacts as it will take time to rebuild the region's export capacity and buyers look to source supplies from alternative sources.

Seitz said on the company's first quarter earnings call that the company is looking at the potential to accelerate their ramp up of potash production. Disruptions could last well beyond 2022.

The Canadian company has said it will increase potash production by 15 million tons in the second half of the year. According to Nutrien, Russia and Belarus account for 40% of global potash production and exports. In its earnings calls, The Mosaic Co. said that it expects the potash market to last well beyond 2022.

With help from Zijia Song.