Potash Corp. of Saskatchewan Inc., the world’s largest fertilizer producer, forecast global shipments of its namesake crop nutrient will be 57 million to 58 million metric tons next year.
Chief Executive Officer Bill Doyle made the comments today at an investor conference that was webcast from Boston.
In September, the company projected shipments of as much as 60 million tons in 2013.
On Oct. 25, the company forecast the global fertilizer industry will ship 50 million to 52 million tons of potash this year. That was down from 53 million to 56 million tons predicted in July.
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