Alberta Flooding Force Halting of Potash Shipments to West Coast Ports

Reuters reported that extensive flooding in Alberta has forced the stoppage of potash shipments from mines to West Coast ports, although the shut down is expected to be temporary.

As quoted in the market report:

Richard Downey, spokesman for Agrium Inc (AGU.TO: Quote), which owns export marketing agency Canpotex Ltd with Potash Corporation of Saskatchewan Inc (POT.TO: Quote) and Mosaic Co (MOS.N: Quote), said potash shipments to the West Coast from mines in Saskatchewan likely stopped late last week, but should resume within days after delays equivalent to those from a winter snowstorm.

To view the whole Reuters report, click here.