Potash in Brazil

Brazil

  • Population 589 million
  • Account for approximately 10 percent of world fertilizer consumption
  • Abundant land, water and labor make it an agricultural superpower
  • Produces about 60 percent of global coffee supply and approximately half of the world’s soybeans and sugar
  • Corn is also grown for export and to feed domestic livestock industry
  • Soils in Brazil are naturally deficient in potassium and require potash to remain productive
  • Limited domestic potash production capability — more than 80 percent of potash is imported
  • Brazil’s corn acreage is expected to increase significantly, particularly the Safrinha, or second crop, that is planted after the soybean harvest. A significant decline in sugar production this year led to higher sugar prices and the incentive for farmers to replant and increase sugar acreage.

(All numbers are in tonnes)

Cultivating Global Growth