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Nutrien may slow potash expansion as sales slide, CEO says (NYSE:NTR)

Ramil Nasibulin/iStock via Getty Images Nutrien (NYSE:NTR) may consider slowing down its planned ramp-up in potash production, in light of falling prices and lower sales volumes, President and CEO Ken Seitz said Thursday. The company has said it wants to increase Canadian potash production by 20% to 18M metric tons/year by 2026, but "yes we would consider slowing down," Seitz told analysts on the company's post-earnings conference call. "If we see that the market's not there, then we'll pace our capital accordingly." Nutrien (NTR) -4% after the company slashed guidance for FY 2023…
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