Nutrien sees potash demand growing again this year after record harvest

Nutrien Ltd. is expecting strong fundamentals for agricultural commodities to help its business this year. 

Mark Thompson, Nutrien's chief financial officer, says demand for potash is expected to grow in 2026 for the fourth consecutive year. 

Meanwhile, he says nitrogen markets are seeing issues with tight supply while demand is poised to grow amid rising usage in Asian and Latin American markets.   

The Saskatoon-based company, which keeps its books in U.S. dollars, reported fourth-quarter earnings of US$580 million on Wednesday, up from US$118 million the previous year.

Nutrien CEO Ken Seitz says the company is still in the midst of a strategic review for its phosphate business, initially announced in November last year, which could result in operational changes, a partnership or a sale. 

He says the company has received significant interest in the assets in question and the company expects to test the market in the next quarter. 

This report by The Canadian Press was first published Feb. 19, 2026.

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