Dumping on potash Canadian potash, current situation and forecast

Actual Forecast

1983 1984 1985 1986* 1987 1990

(000 tonnes K2O) Capacity 9,165 9,315 9,775 10,575 11,070 11,100 Production 5,928 7,749 6,636 6,700 7,300 9,100 Capacity Utilization 65% 83% 68% 63% 66% 82% Sales: 6,557 7,071 6,577 7,030 7,320 9,100

of which: Domestic 385 436 434 320 420 500

United States 4,146 4,090 4,215 4,100 4,000 4,700

Offshore 2,026 2,545 1,928 2,610 2,900 3,900 End-year stocks 862 1,543 1,766 1,540 1,500 1,600 World Production 26,176 29,477 28,442 27,500 28,200 31,100 Canada/World Production Ratio 22.6% 26.3% 23.3% 24.3% 25.9% 29.2% *Estimated. — Energy, Mines & Resources