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Author: Admin | 2025-04-28
The world population is expected to reach 9.8 billion by 2050, and it will need at least 25% more food than we are producing today. That requires getting more out of the agricultural land, which will require significant advances in crop sciences and water management. But one key element that will remain the same is fertilizers. They are needed today and will be even more in demand in the future. Investing in one core ingredient of fertilizer via the best potash stocks in Canada might be an intelligent thing to do.Canada’s Potash IndustryCanada’s vast landmass and rich mineral resources make it a powerhouse in the global potash industry. As the world’s largest producer, Canada contributes more than 31% of the global supply. The majority of Canada’s potash reserves are located in the province of Saskatchewan, with the region hosting several large-scale mining projects and operations.Being home to the world’s largest potash producer, Nutrien, the Canadian potash industry is well-established with mature supply chains and a strong presence in international markets. The industry has long been recognized for its high-quality potash, advanced mining techniques, and strict environmental standards. Canada’s strategic geographic location provides it with access to major potash importers like the US, China, and India.Another noteworthy factor is the government’s supportive stance towards the potash industry, recognizing its potential to contribute to Canada’s economic growth, create employment opportunities, and strengthen international trade relations.Pros and Cons of Potash Stocks In CanadaProsThey are associated with the evergreen food industry.Canada is the largest potash producer in the world.Good long-term holdings as demand may grow with the world population.Limited competition from the US. No substitute exists (for fertilizers). ConsPlentiful global supply of potash.Limited stocks. Best Potash Stocks In CanadaSome of the best potash stocks in Canada, which can also be classified as the best agricultural stocks in Canada, are:Nutrien Stock (NTR.TO)Altius Minerals (ALS.TO)Verde Agritech Stock (NPK.TO)Gensource Potash Stock TSXV (GSP.V)Western Resources Stock (WRX.TO)Karnalyte Resources Stock (KRN.TO)1. Nutrien StockTicker: NTR.TOIndustry Niche: Potash and fertilizer productionForward Dividend Yield: 3.56%Dividend Payout Ratio: 27.98%Dividend Yield (12-Month Trailing): 3.41%Upcoming Dividend Date: Oct 18, 2024Market Cap: $31.40 BillionForward P/E Ratio: 11.8Even among the best potash stocks in Canada, Nutrien is in a class of its own. It’s the largest potash producer in the world, but that’s not the only agricultural crown it wears. With a massive network of over 2,000 locations around the globe and around 2,000 proprietary products, including
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