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TABLE OF CONTENTS
North America
Vanscoy, SK
SASKATOON, SK Wholesale Fertilizer
Redwater, AB Patience Lake, SK 6 potash primary production facilities,
Fort Saskatchewan, AB Lanigan, SK REGINA, SK 15 nitrogen, 6 phosphate production
Joffre, AB
CALGARY, AB Rocanville, SK
facilities and an extensive storage and
Granum, AB Winnipeg, MB distribution network.
Allan, SK
Carseland, AB Cory, SK
Standard, AB
Kennewick, WA Billings, MT NORTHBROOK, IL Retail
Approximately 1,400 Retail locations
Marseilles, IL under the name Nutrien Ag Solutions.
Weeping Water, NE
Lima, OH
LOVELAND, CO
Greeley, CO Fairbury, NE Cincinnati, OH
Joplin, MO New Madrid, MO
Borger, TX Florence, AL Aurora, NC
Ontario, CA Greenville, MS Augusta, GA
Denton, TX Americus, GA
Geismar, LA White Springs, FL
OFFICES RETAIL
Retail
73 Retail locations under the name
Nutrien Ag Solutions.
BRUSSELS, BELGIUM
Changhua, Taiwan
North Africa
Wholesale Fertilizer
26 percent interest in MISR Fertilizers
Production Company S.A.E. (MOPCO) in Egypt.
Kwinana, Australia
Melbourne, Australia
MELBOURNE, AUSTRALIA
Dandenong, Australia
Oceania
Retail
204 Retail locations located
in Australia under the name
Landmark.
Application Services
n
We apply fertilizer & crop protection
products on ~60% of our U.S.
Our Retail Business customer acreage
n
10th largest rolling stock in the U.S.
A global agriculture company with operations and investments in 7 countries.
We operate the largest global direct-to-grower agricultural retail distribution Seed Solutions
operation. As of December 31, 2018, Nutrien operated a network of 1112 retail n
On-site seed treatment and
facilities in the United States, 302 retail facilities in Canada, 73 retail facilities in bulk handling
South America and 204 retail locations in Australia. Nutrien's Retail operations n
Access to a wide selection of
offer farmers a complete range of seed, liquid and dry fertilizer products, primary brands and genetics without bias
crop protection products including herbicides, insecticides, fungicides, specialty
nutrition products and biologicals, as well as a range of related services and Advice & Services
solutions including Echelontm precision agriculture.
n
~3,300 agronomists and crop advisers
n
Extensive collective expertise
n
Financial Services and lending
Farm Centers: 638 Farm Centers 209 Farm Centers: 55 Owned: 182
Satellites: 382 Satellites 81 Satellites: 8 Franchise: 22
Terminals: 76 Terminals 7 Plants: 2
Distribution Centers: 12 Distribution Centers: 5 Warehouses: 7 Total: 204
Plants: 4 Blending Facility: 1
[Excludes Ruralco,
Total: 1112 Total: 302 Total: 73 pending acquisition]
3% Merchandise 600
300
100
0
2012 2013 2014 2015 2016 2017 2018
38% Crop Protection Proprietary Seed Proprietary Nutritional Proprietary Crop
Products Protection Products
Revenue by Crop for 2018 38 Major Hub Locations Across the U.S.
13%
Other
24% WA
MT
ND
MN ME
Corn SD
WI VT
OR ID
NH
17% WY
NE
IA
MI
PA
NY
MA
CT RI
Fruits + IL IN OH NJ
CA NV UT MD
Veggies CO KS MO WV DE
KY VA
OK TN NC
AR
7% 16% AZ
NM
TX LA
MS AL GA
SC
Cotton Wheat
FL
8% 15%
Canola Soybean
# # Years in % Crop % % %
Rank Company HQ Location States Retail CropLife Protection Fertilizer Seed Custom
Served Outlets 100 Sales Sales Sales App.
Pinnacle Agricultural
5 Loveland, CO 27 150 6 49% 29% 19% 3%
Holdings
Inver Grove
6 CHS 16 360 32 27% 49% 18% 6%
Heights, MN
7 Simplot Growers Solutions Boise, ID 14 90 34 44% 48% 5% 3%
(1) 854 as per Crop Life; Nutrien has a total of 1112 US retail outlets (638 farm centres, 12 distribution centres, 382 satellites, 76 terminals, and 4 plants).
Source: CropLife Magazine, CropLife 100 Report, December 2017.
Potash 20,624
Potash 56%
Phosphate 21%
Potash 22%
Ammonia (gross) 3%
Phosphate 2%
See Note pertaining to qualified person review for NI 43-101 (as defined therein) on page 18.
30
25
20
15
10
0
Nutrien Mosaic Uralkali Belaruskali OCP Yara CF Industries Eurochem Ma’aden K+S
Note:
• All capacities shown are nameplate capacities as of December 31, 2018.
• Nameplate capacities may exceed operational capacity.
• Includes proportional share of equity stakes where control or marketing rights exist.
• Phosphoric acid capacity is adjusted to a merchant grade acid (MGA) basis of 56% P2O5.
• Excluding Chinese companies/capacity.
Source: Company Reports, CRU
Nutrient Overview
Phosphate
Potash (KCl) Nitrogen (Urea)
(DAP/MAP/TSP)
Synthesized from
Mined from evaporated
How it's Produced hydrogen source, Mined from sea fossils
sea deposits
steam and air
Number of Major
10 ~65 ~40
Producing Countries1
Nutrien Percent
22% 3% 3%
of World Capacity
Largest Importers Brazil, US, China, India US, India, Brazil India, Brazil
Time for Greenfield Minimum 7 years2 Minimum 3 years3 Minimum 3-4 years4
(including ramp-up)
Cost for Greenfield5 CND $5.1-$6.7 billion2 US $1.5-$2.5 billion3 US $5.1 billion4
(including infrastructure) 2 million tonnes KCl 1 million tonnes NH3 1 million tonnes P2O5
See Note pertaining to qualified person review for NI 43-101 on page 18.
Potassium chloride (KCl), commonly called potash, is mined from ore deposits located deep
underground or extracted from salt lakes or seas. Conventional underground mines account for
nearly 80 percent of global potassium chloride capacity, and underground solution mines for
about 6 percent. The remainder is obtained by harvesting natural brines from potassium-rich
water bodies, typically using solar evaporation.
Potash is sold into the agricultural market primarily as solid granular and standard products.
Granular product has a larger and more uniformly-shaped particle that can be easily blended with
solid nitrogen and phosphate fertilizers; it is typically used in more advanced agricultural markets
such as the US and Brazil. Standard product is more commonly used in major Asian markets.
POTASH
Synthesized from hydrogen sources (primarily natural gas or coal), steam and nitrogen
from the air, ammonia (NH3) is a concentrated source of nitrogen and the basic feedstock
for all upgraded nitrogen products. It is also used to make industrial products and as a direct-
application fertilizer.
The most commonly used nitrogen fertilizer is urea, which is also the feedstock for industrial
products such as plastics, resins, adhesives and increasingly for emissions control. Liquid
forms of urea and ammonium nitrate are combined into UAN solution, which is used in
agriculture. Ammonium nitrate is made by combining ammonia with nitric acid and has
both industrial and agricultural uses.
NITROGEN
(Urea)
Phosphate rock is mined from underground ore deposits and dissolved in a mixture of
phosphoric and sulfuric acids. This results in production of additional phosphoric acid,
which is the feedstock for most fertilizer, industrial and feed phosphate products.
This phosphoric acid can be combined with ammonia and granulated to produce the
solid fertilizers DAP and MAP, evaporated to produce merchant-grade phosphoric acid
(MGA), or further evaporated to produce superphosphoric acid (SPA), which is then
converted into liquid fertilizer.
PHOSPHATE
(Monoammonium Phosphate)
Production Capacity
(product tonnes per year)
See Note pertaining to qualified person review for NI 43-101 on page 18.
(1) Annual capacity estimates include allowances for normal operating plant conditions.
(2) Net ammonia reflects gross ammonia capacity less ammonia used to produce upgraded products based on product mix shown.
(3) Solid urea reflects gross urea liquor capacity less urea used to produce UAN, ESN® and DEF based on product mix shown.
(4) Nitric Acid reflects net capacity of nitric acid based on product mix shown. Net capacity shown on 100% nitric acid basis. Finished goods typically 70% nitric acid basis.
(5) Reflects tonnes of UAN on a 32% Nitrogen basis.
(6) Ammonium nitrate reflects net capacity of AN based on product mix shown. Includes prilled products and solutions produced for sale.
(7) Upgrade facility that uses ammonia and urea from other sources. Upgrade facilities use ammonia, they do not purchase natural gas to produce their own ammonia and urea.
(8) Full production requires certain amount of ammonia from external sources.
Note: Table excludes capacity of approximately 725,000 MT of DEF production based on product mix shown (DEF is produced at Augusta, Borger, Geismar and Lima) and 300,000 MT of ammoniated Rainbow®
FAC T BOOK 2019 Nutrien 13
PHOSPHATE PRODUCTION FACILITIES
Production Capacity
(product tonnes per year)
(1) Represents annual superphosphoric acid capacity. A substantial portion is consumed internally in the production of downstream products.
The balance is exported to phosphate fertilizer producers and sold domestically to dealers who custom-mix fertilizer.
See Note pertaining to qualified person review for NI 43-101 on page 18.
(1) Operational capability usually accounts for normal maintenance routines but without further allowance for unplanned interruptions. Nutrien capabilities are
from 2019.
Source: CRU Potash Fertilizer Plant Capacity Database, Feb. 2019, Nutrien.
Total Trinidad
and Tobago Nutrien Point Lisas 680
Note: The scientific and technical information with respect to Nutrien's potash operations on page 9, 10, 12 and 15 of this Fact Book
has been reviewed and approved by Craig Funk, Director, GeoSciences & Land of Nutrien who is a qualified person within the
meaning of Canadian National Instrument 43-101 — Standards of Disclosure for Mineral Projects (“NI 43-101”).
(1) Capacities figures are on a P2O5 basis. Capacities for Nutrien are based on internal calculation method.
Source: IFA World Phosphate Capacities.
Potash: Imports/Exports
(‘000 metric tonnes per year of KCl)
Exporting
Rank 2018 2017 2016 1st 2nd 3rd
Regions
Importing
Rank 2018 2017 2016 1st 2nd 3rd
Regions
Ammonia: Imports/Exports
(‘000 metric tonnes per year of ammonia)
Exporting
Rank 2018 2017 2016 1st 2nd 3rd
Regions
Importing
Rank 2016 2015 2014 1st 2nd 3rd
Regions
Urea: Imports/Exports
(‘000 metric tonnes per year of urea)
Exporting
Rank 2018 2017 2016 1st 2nd 3rd
Regions
Importing
Rank 2018 2017 2016 1st 2nd 3rd
Regions
Phosphate: Imports/Exports
(‘000 metric tonnes per year of DAP/MAP)
MAP and DAP
Total Exports Top Three Destinations (2018)
Exporting
Rank 2018 2017 2016 1st 2nd 3rd
Regions
Importing
Rank 2018 2017 2016 1st 2nd 3rd
Regions
2018/19(f) 2017/18 2016/17 2015/16 2014/15 2013/14 2012/13 2011/12 2010/11 2009/10 2008/09 2007/08
N 105,921 105,425 105,081 103,986 103,105 104,083 101,194 100,526 96,978 95,711 89,956 94,814
Growth 0.47% 0.33% 1.05% 0.85% -0.94% 2.85% 0.66% 3.66% 1.32% 6.40% -5.12% 1.83%
P 45,600 45,325 44,627 43,551 44,570 44,998 43,690 42,917 42,420 39,902 34,710 39,420
Growth 0.61% 1.56% 2.47% -2.29% -0.95% 2.99% 1.80% 1.17% 6.31% 14.96% -11.95% -0.94%
K 37,131 36,416 35,757 34,936 34,607 31,553 29,588 29,039 28,191 22,592 23,499 28,115
Growth 1.96% 1.84% 2.35% 0.95% 9.68% 6.64% 1.89% 3.01% 24.78% -3.86% -16.42% 2.49%
Source: IFA Medium-Term Outlook for World Agriculture and Fertilizer Demand 2017/18 - 2022/23, June 2018
120 2018/19(f)
Millions of Metric Nutrient Tonnes
2013/14
100
2008/09
80
60
40
20
N P K
600
400
200
0
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Natural
Gran. Gran
Gran Gran Gran Ammonia Ammonia DAP FOB Liquid Gas
STD KCl STD KCl STD KCl Urea FOB Urea FOB UAN FOB Phos Acid Oil
Year KCl CFR KCl US Urea W FOB CFR Barge Sulfur CFR NYMEX
SE Asia China India Middle Barge Midwest CFR India Brent
Brazil Midwest Canada Yuzhnyy Tampa NOLA Tampa (US$/
East NOLA
Mmbtu)
1998 141 132 136 114 - 116 128 162 108 142 109 261 432 66 2.1 13
1999 145 132 135 114 - 94 104 150 84 112 94 255 416 69 2.3 18
2000 147 130 130 115 - 131 158 180 140 151 125 225 370 59 4.3 29
2001 140 130 129 115 121 117 149 209 119 178 160 199 349 38 4.0 24
2002 136 126 120 114 119 113 127 182 101 121 119 168 338 44 3.4 25
2003 143 129 130 119 121 154 190 256 183 190 158 187 341 65 5.5 29
2004 163 174 185 150 162 195 225 282 228 255 191 228 384 66 5.9 38
2005 216 228 218 212 210 242 284 323 243 289 234 253 426 66 8.7 55
2006 199 223 221 220 220 235 255 385 245 339 214 256 454 67 6.7 65
2007 273 286 293 235 249 317 381 431 269 325 322 432 533 73 7.0 72
2008 775 804 836 508 540 522 557 653 532 462 468 915 1714 359 8.9 97
2009 635 641 625 587 523 275 303 443 245 429 235 323 619 21 3.9 62
2010 399 462 402 350 382 307 347 437 357 408 296 509 742 118 4.4 80
2011 521 606 493 435 417 438 471 532 518 575 411 617 994 208 4.0 111
2012 513 567 511 470 480 437 523 611 546 605 408 539 909 175 2.8 112
2013 404 466 408 400 424 345 376 496 476 543 361 456 715 123 3.7 109
2014 350 426 321 310 335 334 392 487 492 545 353 489 715 126 4.4 99
2015 325 393 317 313 329 279 317 414 384 454 322 458 799 131 2.6 52
2016 232 263 247 269 277 207 228 351 234 276 225 349 626 76 2.5 44
2017 263 277 241 224 232 216 228 331 265 277 206 356 566 79 3.0 54
2018 320 310 279 246 257 264 285 379 286 312 237 435 732 122 3.2 71
Sources: CRU Fertilizer Week, Bloomberg, Blue, Johnson & Associates, Nutrien
(1) 2008/2009 to 2017/2018 data derived from fertilizer shipments to Canadian agriculture markets reports.
Source: Statistics Canada CANSIM, Table 001-0069
20,000
25,000 Potash
Nitrogen
15,000
Phosphate
tonnes)
20,000
metric
10,000
nutrient
15,000
('000 metric ('000
5,000
10,000
5,0001965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015
1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015
Fertilizer Consumption – Canada
5,000 Potash
Nitrogen
nutrient tonnes)
4,500
Phosphate
4,000
3,500
5,000 Potash
3,000 Nitrogen
tonnes)
4,500
2,500 Phosphate
metric
4,000
2,000
nutrient
3,500
1,500
('000 metric ('000
3,000
1,000
2,500
500
2,000
1,500
1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015
1,000
Source(1965-2015): IFADATA
500
Source(2016-2017): CANSIM, Table 001-0069
Source (2018 - 2019f): CRU Urea Fertilizer Market Outlook September 2018, CRU Potassium Chloride Market Outlook August 2018,
CRU Phosphate
1965 Fertilizer1970
Market Outlook
1975 October 2018
1980 1985 1990 1995 2000 2005 2010 2015
180 Phosphate
2,500
Grain Production (million tonnes)
160 Nitrogen
Grain Production
140
2,000
120
100 1,500
80
1,000
60
40
500
20
0 0
1965 1975 1985 1995 2005 2015
(f) Forecast
(e) Estimate
Source: CRU Urea Fertilizer Market Outlook, CRU Potash Outlook, CRU Phosphate Fertilizer Market Outlook
Source: IFADATA
N P K Total N P2 O5 K 2O
Corn lbs/acre 145 61 80 Corn
% of area applied 97% 79% 65% 176 bu/acre Uptake(2) 229 92 245
lbs applied/acre 141 48 52 241 Removal(3) 229 95 241
Cotton lbs/acre 94 45 64 Cotton
% of area applied 78% 59% 45% 800 lb/acre Uptake 96 34 67
lbs applied/acre 73 27 29 129 Removal 51 21 24
Soybeans lbs/acre 18 52 91 Soybeans
% of area applied 31% 41% 42% 43 bu/acre Uptake 245 54 115
lbs applied/acre 6 21 38 65 Removal 190 42 65
Spring Wheat lbs/acre 88 31 13 Source: Nutrien Ekonomics
% of area applied 98% 91% 28%
lbs applied/acre 86 28 4 118
Winter Wheat lbs/acre 72 31 40 Nutrient Uptake and Removal
% of area applied 83% 58% 15% by Field Crops – Western Canada
lbs applied/acre 60 18 6 84 (pounds per acre)
Source: U
SDA NASS Agricultural Chemical Use Survey - 2016 Corn, May 2018 N P2 O5 K 2O S
USDA NASS Agricultural Chemical Use Survey - 2017 Soybeans, May 2018
USDA NASS Agricultural Chemical Use Survey - 2017 Wheat, May 2018 Barley
USDA NASS Agricultural Chemical Use Survey - 2017 Cotton, May 2018 80 bu/acre Uptake(2) 100 – 122 40 – 49 96 – 117 12 – 14
(3,360 kg/ha) Removal(3) 70 – 85 30 – 37 23 – 28 6 – 8
Canola
35 bu/acre Uptake 100 – 123 46 – 57 73 – 89 17 – 21
(1,960 kg/ha) Removal 61 – 74 33 – 40 16 – 20 10 – 12
Flax
24 bu/acre Uptake 62 – 76 18 – 22 39 – 48 12 – 15
(1,492 kg/ha) Removal 46 – 56 14 – 17 13 – 16 5 – 6
(f) Forecast Spring Wheat
(e) Estimate 40 bu/acre Uptake 76 – 93 29 – 35 65 – 80 8 – 10
(1) Corn data is for the year 2016. Cotton, Soybean, Spring Wheat (2,690 kg/ha) Removal 54 – 66 21 – 26 16 – 19 4 – 5
and Winter Wheat data are for the year 2017.
(2) Total nutrient taken up by the crop. Source: IPNI
(3) Nutrient removed in harvested portion of the crop.
800
US$/metric tonne
600
400
200
0
1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Note: Fertilizer prices are all spot averages before any discounts, year average refers to calendar year.
Source: Green Markets®
Tampa Ammonia
Natural Gas Price (US$/ mmBtu delivered)
Nymex Price 18
600
16
500 14
12
400
10
300
8
200 6
4
100
2
0 0
1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Note: F ertilizer prices are all spot averages before any discounts, year average refers to calendar year. NOLA refers to a FOB price (loaded on barge) at the
U.S. Gulf port, New Orleans, Louisiana. Gas prices are Henry Hub Gulf Coast Natural Gas Spot Prices.
Source: US Energy Information Administration. CRU Fertilizer Week
2004/05 80.9 160.3 11,806 8,842 1,818 2,114 20% 2.06 75.2 42.2 3,124 1,889 1,097 256 9% 5.74
2005/06 81.8 147.9 11,112 9,134 2,134 1,967 17% 2.00 72.0 43.1 3,068 1,938 940 449 16% 5.66
2006/07 78.3 149.1 10,531 9,081 2,125 1,304 12% 3.04 75.5 42.9 3,197 1,965 1,117 574 19% 6.43
2007/08 93.5 150.7 13,038 10,300 2,437 1,624 13% 4.20 64.7 41.7 2,677 1,897 1,159 205 7% 10.10
2008/09 86.0 153.3 12,043 10,159 1,849 1,673 14% 4.06 75.7 39.7 2,967 1,768 1,279 138 5% 9.97
2009/10 86.4 164.4 13,067 11,062 1,979 1,708 13% 3.55 77.5 44 3,361 1,864 1,499 151 4% 9.59
2010/11 88.2 152.6 12,425 11,202 1,831 1,128 9% 5.18 77.4 43.5 3,331 1,777 1,505 215 7% 11.30
2011/12 91.9 146.8 12,314 10,943 1,539 989 8% 6.22 75.0 42 3,097 1,793 1,366 169 5% 12.50
2012/13 97.3 123.1 10,755 10,353 730 821 7% 6.89 77.2 40 3,042 1,784 1,328 141 5% 14.40
2013/14 95.4 158.1 13,831 11,535 1,921 1,232 9% 4.46 76.8 44 3,357 1,839 1,639 92 3% 13.00
2014/15 90.6 171 14,217 11,883 1,867 1,731 13% 3.70 83.3 47.5 3,928 2,021 1,842 191 5% 10.10
2015/16 88.0 168.4 13,602 11,765 1,899 1,737 13% 3.61 82.7 48 3,927 2,002 1,943 197 5% 8.95
2016/17 94.0 174.6 15,148 12,355 2,294 2,293 16% 3.36 83.5 51.9 4,296 2,047 2,166 302 7% 9.47
2017/18 90.2 176.6 14,609 12,360 2,438 2,140 14% 3.36 90.2 49.3 4,412 2,168 2,129 438 10% 9.33
2018/19(f) 89.1 176.4 14,420 12,265 2,300 2,035 14% 3.55 89.2 51.6 4,544 2,229 1,875 895 22% 8.60
Cotton – U.S.A. Canola – Canada
Year Planted Yield Production Domestic Exports Ending Stocks/ Avg. Planted Yield Production Domestic Exports Ending Stocks/ Avg.
Acres Consuption Stocks Use Ratio Price Acres Consuption Stocks Use Ratio Price
Mill Acres LB/Acre Mill Bales Mill Bales Mill Bales Mill Bales % US₵/LB Mill Acres Bu/Acre Mill Bu Mill Bu Mill Bu Mill Bu % CN$/Bu
2004/05 13.7 855 23.3 6.8 14.4 5.5 26% 45 12.9 28.1 338 147 154 78 26% 6.43
2005/06 14.2 831 23.9 5.7 17.7 6.1 26% 50 13.3 32.7 418 175 239 89 21% 5.58
2006/07 15.3 814 21.6 5.2 13.0 9.5 52% 48 13.1 30.7 397 175 241 79 19% 7.61
2007/08 10.8 879 19.2 5.0 13.6 10.1 54% 61 15.8 27.1 424 190 256 64 14% 11.73
2008/09 9.5 813 12.8 3.3 13.3 6.3 38% 49 16.2 34.7 558 193 348 86 16% 9.72
2009/10 9.1 776 12.2 3.5 12.0 2.9 19% 65 16.5 35.3 569 221 316 123 23% 8.85
2010/11 11.0 812 18.1 4.1 14.4 2.6 14% 85 17.6 33.3 564 282 318 97 16% 12.07
2011/12 14.7 790 15.6 3.1 11.7 3.4 23% 94 19.0 34.3 644 331 383 31 4% 12.79
2012/13 12.3 892 17.3 3.8 13.0 3.8 23% 76 22.2 27.9 611 309 313 26 4% 13.96
2013/14 10.4 822 12.9 3.8 10.5 2.4 16% 84 20.4 40.2 818 310 405 133 19% 10.01
2014/15 11.1 838 16.3 3.8 11.2 3.7 24% 66 20.9 34.9 724 341 406 112 15% 9.99
2015/16 8.6 766 12.9 3.6 9.2 3.8 30% 65 20.8 39.2 810 381 453 92 11% 10.65
2016/17 10.1 867 17.2 3.3 14.9 2.8 15% 71 20.8 42.3 864 415 486 59 7% 10.98
2017/18 12.7 905 20.9 3.5 15.8 4.3 22% 72 23.0 41.0 940 416 478 110 12% 11.19
2018/19(f) 14.1 838 18.4 3.3 15.0 4.4 24% 76 22.8 39.8 897 428 467 150 17% 10.50
Soybeans – Brazil Wheat – Australia
Year Harvested Yield Production Domestic Exports Ending Stocks/ Avg. Planted Yield Production Domestic Exports Ending Stocks/ Avg.
Acres Consuption Stocks Use Ratio Price Acres Consuption Stocks Use Ratio Price
Mill Acres Bu/Acre Mill Bu Mill Bu Mill Bu Mill Bu % BRL/Sack Mill Acres Bu/Acre Mill Bu Mill Bu Mill Bu Mill Bu % AU$/Bu
2004/05 56.6 34.4 1,947 1,176 740 694 36% $34 33.1 24.3 805 221 539 245 32% 5.36
2005/06 54.9 38.1 2,094 1,135 952 704 34% $28 30.7 30.1 924 244 587 344 41% 5.52
2006/07 51.1 42.4 2,168 1,233 863 778 37% $34 29.1 13.6 398 273 319 153 26% 6.59
2007/08 52.6 42.5 2,241 1,271 932 822 37% $48 31.1 16.0 499 239 274 137 27% 10.61
2008/09 53.6 39.6 2,124 1,257 1,102 588 25% $47 33.4 23.5 787 268 540 114 14% 7.65
2009/10 58.1 43.7 2,535 1,326 1,050 753 32% $38 34.3 23.4 802 184 543 186 26% 5.94
2010/11 59.8 46.3 2,767 1,425 1,101 996 39% $46 33.4 30.2 1,007 208 683 301 34% 7.00
2011/12 61.8 39.6 2,443 1,491 1,332 621 22% $48 34.3 32.0 1,099 233 906 259 23% 6.17
2012/13 68.4 44.0 3,013 1,388 1,540 720 25% $52 32.1 26.2 840 237 685 171 19% 8.52
2013/14 74.4 42.8 3,186 1,450 1,721 758 24% $63 31.2 29.8 930 249 684 167 18% 8.60
2014/15 79.3 45.1 3,572 1,583 1,860 898 26% $57 30.6 28.5 872 263 609 172 20% 8.17
2015/16 82.3 43.1 3,546 1,558 1,998 902 25% $71 27.9 29.4 818 266 592 142 17% 8.25
2016/17 83.7 50.3 4,211 1,582 2,320 1,220 31% $62 30.1 38.8 1,169 287 832 211 19% 7.29
2017/18 86.8 51.6 4,483 1,708 2,799 1,203 27% $72 30.2 25.8 781 280 508 216 27% 8.38
2018/19(f) 89.2 48.2 4,299 1,655 2,921 934 20% $68 25.1 25.3 636 338 367 151 21% 9.47
(f) Forecast
Source: USDA, IMEA, Statistic Canada, ABARES
* Satellite
** Terminal
DC Distribution Center
* Satellite
** Terminal
DC Distribution Center
* Satellite
** Terminal
DC Distribution Center
P Plant
* Satellite
** Terminal
DC Distribution Center
P Plant
* Satellite
** Terminal
DC Distribution Center
P Plant
* Satellite
** Terminal
DC Distribution Center
P Plant
* Satellite
** Terminal
DC Distribution Center
P Plant
* Satellite
W Warehouse
P Plant
B Blending Facility
Potassium Fertilizer
Brine added
Underground Sources
Underground Scrubbing
Crushing Flotation
Mining and De-sliming
nUsually deep deposits. First step is to mine
Screening De-brining the ore and get it to the surface
for Size and Drying
n anufacturing process (remove
M
Special
unwanted minerals) clays, NaCl, MgCl2,
Premium Standard Dust
Standard de-sliming and froth flotation
Portion sent to compaction
nSizing and granulation – made into
Crystallization
Compaction Circuit final product
Premium/
Granular
Premium Standard Potassium Rock Sources
Storage
nSylvinite is composed of a mixture of KCl
and NaCl crystals, 20 – 40% K 2O
Loadout
(Saskatchewan mines)
N2 H2 Common Potassium
Heat Stripper & Fertilizers
Decomposer/
Compression Rectifier
nPotassium Chloride (KCl) muriate
N2 H2 Heat Water
Evaporator
of potash (MOP), 0-0-60 to 62
Ammonia Granulation (accounts for 90% of potash sales
Converter Fluidized Bed or
Drum Granulators in North America)
N2 & H2 NH 3 gas, N 2 & H 2
Sulphate of Potash-Magnesia
n
Washed &
Crushed Ore Heat Water Ammonia
Concentration Vapor Granulation
Granular MAP
Gypsum (or 16-20)
to Tailings Liquid Sales Storage or
Filtration (SPA) Sales
Liquid
FERTILIZER MATERIALS
Calgary facebook.com/nutrienltd
13131 Lake Fraser Dr. S.E.
twitter.com/nutrienltd
Calgary, Alberta
Canada T2J 7E8 linkedin.com/company/nutrien
youtube.com/nutrien
NYSE / TSX: NTR
Printed in Canada • May 2019