2012-2013 Agrium Fact Book

Agrium2012 – 2013 FACT BOOK 01

Agrium2012 – 2013 FACT BOOK i

Agrium History and Overview 1

Agrium Going Global 2Profile 4Agrium Timeline 4History 5Production Facilities and Annual Production Capacities 7

Building a Global Presence 9

South America Markets 10Agrium South America Retail 10Agrium South America Wholesale 11 Production Capacity 11 Agrium Owned Distribution Facilities 11Agrium South America Wholesale Production and Distribution Locations 12Australia, Asia and Pacific Rim Markets 13Australia Retail 13Agrium China Office, Hanfeng Production Facilities and Landmark State Offices 14European and Former Soviet Union Markets 15Agrium Europe 15Africa and Middle Eastern Markets 16Africa and Middle East – Damietta (MOPCO) 16

Wholesale 17

Agrium Wholesale: Leading Global Supplier 18 Agrium Wholesale Products 18Agrium Wholesale Owned Distribution Facilities 19Agrium North America Wholesale Production and Distribution Locations 20

Retail 21

Agrium Retail: Best in Class 22 Agrium Retail Products 22Crop Production Services (CPS) 22Crop Production Services Canada (CPSC) 28North America Retail Locations Map 29South America Retail Locations 30South America Retail Locations Map 31Landmark Retail Locations 32Landmark Retail Locations Map 34

Advanced Technologies 35

Agrium Advanced Technologies: Embracing the Future 36 Annual Production Capacities by Product 37 ESN Features, Advantages and Benefits 37Agrium Advanced Technologies – Product Innovation 38Agrium Advanced Technologies Production and Distribution Locations 39Agrium Advanced Technologies Turf and Ornamental: Direct Solutions Locations 40

table of contents

Agrium 2012 – 2013 FACT BOOKii

Agricultural Statistics 41

Global Total Grains Supply/Demand 42Crop Cycles: Growing Seasons for Key Global Regions 43Fertilizer Calendar 44Crops: Area, Production and Stocks – United States 45Corn Supply and Use – United States 46Fertilizer Application Rates – United States 47Nutrient Uptake and Removal by Field Crops – United States 48Nutrient Uptake and Removal by Field Crops – Western Canada 49Planted Area and Production by Crop – Western Canada 50Crop Production – Argentina 51Crop Production – Brazil 53Crop Production – Europe and Former Soviet Union 54Crop Production – Asia 57Crop Production – Australia and New Zealand 59Crop Supply and Use – Australia 62Fertilizer Application Rates – Australia 63Crop Production – Africa 64Crop Production – Middle East 66

Fertilizer Statistics 68

Fertilizer Consumption by Region 69Fertilizer Consumption by Country 69Fertilizer Production by Region 70Global Fertilizer Capacity by Country 70Global Nutrient Trade Data: Imports and Exports 71Global Nutrient Consumption 75Growth in Global Fertilizer Consumption 75Supply/Demand Balance 76International Fertilizer Prices – Historical 78World Population vs Global Fertilizer Consumption 79Total Consumption of Fertilizers – North America 80Total Shipments of Fertilizers and Plant Nutrients – Canada 82Fertilizer Consumption – United States 83Fertilizer Consumption – Canada 83Fertilizer Consumption in Argentina, Brazil and Chile 84Fertilizer Consumption in Europe – Top Five Countries 85Fertilizer Consumption in Asia – Top Five Countries 87Fertilizer Consumption in Oceania 89Fertilizer Consumption in Africa and the Middle East – Top Five Countries 90 Historical Nitrogen Fertilizer and Gas Prices – North America 92Historical P&K Fertilizer North America 92United States Ethanol Facts 93

Constants and Conversions 94

Fertilizer Production Processes 95Raw Material Requirements 97Fertilizer Minerals 99Product Analysis 100General Conversion Factors 101Energy Conversion Factors 102Other Constants and Conversions Factors 103 Calorific Values 103 Nutrient Factors 103 Crop Weight Conversions 104IFA Regional Classification 2012 105

table of contents

AgriumHistory and Overview

Where the Future is Growing™

Agrium 2012 – 2013 FACT BOOK2

South America

WholesaleProfertil S A is 50 percent owned by Agrium Inc while YPF S A , a state-controlled oil and gas company in Argentina, owns the other half

Retail58 Retail locations under the name Agroservicios Pampeanos (ASP) in Argentina, Chile, Uruguay and Brazil

Europe

WholesaleAgrium Europe Distribution network across Western and Central Europe

North America

Wholesale14 Production Facilities; (7 major facilities/7 upgrading facilities) 3 Mines; Extensive Distribution and Storage Network

RetailOver 900 Retail locations under the name of Crop Production Services (CPS) and Crop Production Services Canada

Agrium Advanced Technologies8 Production Facilities; Product Innovation Facility; Extensive Distribution and Storage Network

agrium going global

2011 Financials(millions of U.S. dollars)

Wholesale:Revenue $5,576

Revenue growth (from 2010) 40%

Retail:Revenue $10,316


AAT:Revenue $510



Asia Pacific

RetailIn 2010, Agrium acquired AWB Limited (“AWB”) and now retains the Landmark business and 279 retail locations

Africa and the Middle East

Wholesale26 percent interest in MISR Fertilizers Production Company S A E (MOPCO) in Egypt


Agrium is a major retail supplier of agricultural products and services in North America, South America, Australia, and a leading global producer and marketer of agricultural nutrients We produce and market three primary groups of nutrients: nitrogen, phosphate and potash as well as controlled-release fertilizers and micronutrients A key differentiator of Agrium is that we are the only publicly traded company that crosses the entire agricultural inputs supply chain This means that our focus on growth begins in our manufacturing facilities and extends to the fields where our customers use our products Our diverse portfolio of products and services generated $15 5 billion in sales in 2011 Agrium has approximately 149 million shares outstanding and a market capitalization of approximately $15 7 billion (as of October 31, 2012) Agrium employs approximately 15,900 people globally who are dedicated to achieving our vision of being one of the world’s leading providers of inputs for plant growth by creating value for each of our stakeholders

Agrium divides the Company into three strategic business units:

Our agricultural Retail division is the largest global direct-to-grower agricultural retail operation and generated nearly $10 3 billion in sales in 2011, primarily from seed, crop protection and crop nutrient products Since 2009, we have increased the scale of our retail operations in recent years through numerous smaller acquisitions in North and South America as well as the acquisition of Landmark in Australia As of December 2011, Agrium had approximately 1250 retail locations globally Our pending acquisition of a portion of Viterra’s Agri-products business is expected to add over 200 additional locations, of which the majority are located in Canada

Our Wholesale division generated $5 6 billion in sales in 2011 Wholesale manufactured, marketed and distributed approximately 10 8 million tonnes of nitrogen, phosphates, potash and other products in 2011 We service our customers through a network of over 100 distribution warehouses, supplied by 15 production facilities in North and South America Our strengths include a low cost in-market position, the ability to leverage distribution and a focus on continued expansion at key facilities Agrium’s Wholesale division also operates a distribution network throughout Western and Central Europe and has a 26 percent equity interest in MISR Fertilizer Production Company, S A E (MOPCO) of Egypt In 2011, we approved a one million tonne brownfield expansion of our Vanscoy Potash Operations in Saskatchewan, Canada which is expected to be completed during the second half of 2014

Agrium Advanced Technologies (AAT) offers premium environmentally beneficial controlled-release fertilizer and related products to the agriculture industry as well as professional turf, horticulture and consumer lawn and garden markets AAT generated $510 million in sales in 2011 AAT has a strong focus on product innovation Internal research is conducted at a research facility in the United States Agronomic research is conducted externally at agricultural institutions across North America

1931Cominco Fertilizers Ltd. enters the fertilizer business.

1965Homestead (Nebraska) Nitrogen Operations begins production

1968Borger (Texas) Nitrogen Operations begins production.

1969Vanscoy (Saskatchewan) Potash Operations begins production.

1977Carseland (Alberta) Nitrogen Operations begins production.

1987Joffre (Alberta) Nitrogen Operations begins production.

Agrium Timeline 1931 – 1989

( all figures in US $, except where noted )

Agrium’s Mission

Providing ingredients for growth.

Agrium’s Vision

Be one of the world’s leading providers of inputs for plant growth by creating value for

each of our stakeholders.

profile


Agrium was formed to facilitate the reorganization of the fertilizer division of Cominco Ltd and the acquisition of the fertilizer assets of Alberta Energy Company in 1993 Agrium’s shares were first publicly traded on the New York Stock Exchange on October 4th, 1996

Agrium established its Retail division through the acquisitions of Crop Production Services (CPS) in September 1994 and Western Farm Service (WFS) in January 1995 Also in 1995, Agrium established an international presence in Argentina under the trade name Agroservicios Pampeanos S A (ASP) In 2006, Agrium continued to build its Retail franchise through the acquisition of Royster-Clark’s retail operations Retail expansion continued in 2007 with the acquisition of ADM’s 18 retail centers and 14 satellites in Kansas and Oklahoma In 2008, Agrium completed the acquisition of United Agri Products (UAP), the Company’s largest acquisition to date This was a transforming transaction for Agrium, as the acquisition further expanded our retail presence in the United States, improved our earnings diversification by increasing the profit contribution from our Retail business unit and diversified Agrium’s product mix by increasing our weight in chemicals Upon completion of the acquisition of UAP, Agrium’s retail branches in the United States increased from 489 locations to 826 Agrium continued its Retail division growth with the establishment of 65 retail outlets in Western Canada through a number of transactions in 2009 and 2010, the acquisition of 24 retail outlets in Argentina in July 2010, and our entry into Australia with the acquisition of AWB Limited’s Landmark business in December 2010 Most recently, in March 2012, Agrium announced the pending acquisition of the majority of Viterra’s Agri-products business, which is expected to increase our Canadian Retail presence by over 200 locations

The growth of Agrium’s Wholesale business was initiated with the acquisition of Nu-West Industries, a phosphate producer in Idaho in 1995 Agrium subsequently merged with Viridian in December 1996, substantially increasing the size of the company In 1997, Agrium announced the development of the phosphate rock reserve at Kapuskasing, Ontario to obtain a domestic rock supply for the Redwater facility Production at the mine began in July 1999 In 1998, Agrium also acquired a phosphate rock mine located close to our Conda facility in Idaho to establish security of supply Agrium acquired UNOCAL’s (Union Oil of California) agricultural products division in September of 2000

In 1998, Agrium expanded into the Argentina market with a 50 percent ownership in Profertil S A with production in Bahia Blanca, Argentina In 2005, Agrium acquired the Western Canadian fertilizer distribution assets from Imperial Oil

In 2008, Agrium acquired a 70 percent equity position in Common Market Fertilizers S A (CMF), one of Western Europe’s largest fertilizer distribution companies; in April 2010 the remaining 30 percent was also acquired and CMF became Agrium Europe

1993Cominco Fertilizers Ltd. enters the public market.

1994Crop Production Services (CPS) acquired.

1995Nu-West Industries Inc. and Western Farm Service (WFS) acquired.

Cominco Fertilizers Ltd. changes its name to Agrium Inc.

Agrium establishes an international presence in Argentina under the trade name Agroservicios Pampeanos (ASP).

1996Agrium is publicly traded on the New York Stock Exchange.

Acquired Viridian Inc., including Redwater (Alberta) Fertilizer Operations (commenced operations 1968) and Fort Saskatchewan (Alberta) Nitrogen Operations (commenced operations 1983).

1998Rasmussen Ridge (Idaho) Phosphate Mine acquired.

1999Kapuskasing (Ontario) Phosphate Mine begins production.

Agrium Timeline 1990 – 2005

2000UNOCAL agricultural products division acquired.

Profertil S.A. begins production in Bahia Blanca, Argentina.

2004Astaris Production LLC assets (Nu-West’s Conda, ID phosphate operation) acquired.

2005Western Canadian fertilizer distribution assets from Imperial Oil acquired.

18 retail outlets in Argentina and Chile from United Agri Products acquired.

history


2009Agrium Retail consolidates all United States operations under the name Crop Production Services (CPS).

Agrium Retail expands operations into Canada under the name Crop Production Services (CPS) Canada.

26 percent shareholding, in MOPCO (Egypt) obtained.

Agrium Timeline 2006 – Present

2010Additional 30 percent equity position in Common Market Fertilizers S.A. (CMF) acquired; name changed to Agrium Europe.

ASP acquires 24 additional retail outlets in Argentina.

Agrium acquires AWB Limited and enters the Asia-Pacific Market.

2011Agrium acquires 100 percent equity position in CerealToscana and Agroport gaining 90,000 tonnes of storage and key distribution assets in Europe.

Agrium sells AWB Commodity Management.

Agrium Advanced Technologies acquires Evergro Canada and Tetra Micronutrients.

2012Agrium enters definitive agreement with Glencore International to acquire the majority of Viterra’s Agri-products business upon completion of Glencore’s supported acquisition of Viterra.

2006Royster-Clark acquired.

Nu-Gro fertilizer technology and professional products businesses acquired.

Pursell Technologiesacquired.

200719.5 percent equity stake in Hanfeng Evergreen acquired.

ADM’s 18 retail centers and 14 satellites in Kansas and Oklahoma acquired.

2008United Agri Products (UAP), acquired.

70 percent equity position in Common Market Fertilizers S.A. (CMF) acquired.

Agrium opened an office in Beijing, China.

Agronomics Division of Turf Care Products Canada Limited acquired.

history

In 2008, Agrium entered into an agreement with MOPCO of Egypt, whereby MOPCO acquired the previous EAgrium project, and EAgrium shareholders obtained a 26 percent equity interest in the combined entity The combined entity includes a 675,000 tonne urea MOPCO facility In late 2009, MOPCO secured financing for tripling the production of the existing nitrogen facility

Agrium Europe expanded in 2011 with the acquisition of CerealToscana S A , in Italy and Agroport in Romania, which contributed 90,000 tonnes of storage and key distribution assets in Europe This purchase increased Agrium’s dry and liquid storage capacity in Europe to over 450,000 metric tonnes

In 2011, Wholesale’s growth continued with the announcement of a million tonne expansion of our Vanscoy Potash operation in Saskatchewan, Canada

Agrium’s Advanced Technologies business unit was established with the acquisition of Nu-Gro’s fertilizer technology and professional businesses and Pursell Technologies in 2006 In 2007, Agrium acquired a 19 5 percent equity interest in Hanfeng Evergreen, a Chinese specialty fertilizer company With this addition, Agrium reaffirmed its leading position to provide environmentally friendly, controlled release crop input products to a broad range of customers and segments Further expansion occurred in 2008 with the acquisition of the Agronomics Division of Turf Care Products Canada Limited In 2010, AAT completed their construction of ESN coating fertilizer facility located in New Madrid, Missouri In 2011 Agrium acquired Evergro Canada (“Evergro”) a leading manufacturer and distributor of horticultural and professional turf products in Western Canada The acquisition will enable Agrium to expand its footprint within Canada, while enhancing its expertise in providing controlled release fertilizers, pest control and soil amendment products to the North American specialty marketplace Additionally, Agrium acquired International Mineral Technologies (“Tetra Micronutrients”) Tetra Micronutrients is located in Fairbury, Nebraska and specializes in the production, marketing and distribution of custom liquid plant nutrition and dry micro nutrient products, predominantly zinc sulphate

Today, Agrium is a major retailer, a leading wholesale producer, and an innovator through our Advanced Technologies business unit fully diversifying ourselves across the value chain As we enter 2013, Agrium will continue to focus on achieving our mission and vision by continuing to execute against our strategic goals of investing through the value chain, establishing and maintaining the lowest cost to serve wholesale position, diversifying geographically, and investing counter-cyclically


Production Capacity(product tonnes per year)

Nitrogen Based Fertilizers Argentina Bahia Blanca (Profertil S.A.)(1)

Ammonia (gross) 375,000 Ammonia (net) 35,000 Urea 600,000

Canada Redwater, Alberta Ammonia #1 280,000 Ammonia #2 680,000 Ammonia Total (gross) 960,000 Ammonia Total (net) 250,000 Urea(2) 720,000 Ammonium Nitrate(2) 250,000 Ammonium Sulphate 355,000 Nitrogen Solutions 180,000 Carseland, Alberta Ammonia (gross) 535,000 Ammonia (net) 135,000 Urea 680,000 Joffre, Alberta Ammonia (net) 480,000 Fort Saskatchewan, Alberta Ammonia (gross) 465,000 Ammonia (net) 170,000 Aqua Ammonia (gross) 100,000 Urea 430,000

Upgrade Facilities(3)

(Standard and Granum) Nitrogen Solutions (material) 120,000


Nitrogen Based Fertilizers Egypt Ammonia (gross) 104,000 Ammonia (net) 6,000 Urea(4)(5) 170,000

United States Borger, Texas Ammonia (gross) 490,000 Ammonia (net) 430,000 Urea 99,000

Upgrade Facilities(3)

Kennewick, Washington Nitrogen Solutions (material) 430,000 West Sacramento, California Nitrogen Solutions (material) 204,000 North Bend, Ohio Nitric Acid, Nitrogen Solutions (material) 170,000

Agrium’s World Capacity(product tonnes per year)

Ammonia (gross)(5) 3,409,000Ammonia (net)(5) 1,506,000Urea(5) 2,699,000Ammonium Nitrate 250,000Ammonium Sulphate 355,000Solutions/Other 1,274,000MAP 1,000,000Potash 2,035,000

(1) Profertil S.A. is 50 percent owned by Agrium Inc. while YPF S.A., a state-controlled oil and gas company in Argentina, owns the other half. The stated capacity numbers represent Agrium’s 50 percent ownership.(2) Includes product used to produce nitrogen solutions.(3) Upgrade Facilities use ammonia and urea from other sources. They do not purchase natural gas to produce their own ammonia and urea.(4) Based on 26 percent ownership position in MOPCO.(5) Only includes the 50 percent of Profertil’s capacity and 26 percent of MOPCO that are owned by Agrium Inc.Note: Figures exclude idle capacity.

production facilities and annual production capacities



Phosphate Based Fertilizers

Canada Redwater, Alberta Mono-Ammonium Phosphate 660,000 P

2O5 Equivalent 345,000 Kapuskasing, Ontario Average Concentrated Rock is 37% P

2O5

Concentrated Rock Mined Annually 910,000 United States Soda Springs (Conda), Idaho Mono-Ammonium Phosphate 340,000 Phosphates P

2O5 Equivalent 350,000 Other Product Capacity (1) 170,000 Rasmussen Ridge, Idaho Average Concentrated Rock is 31% P

2O5

Ore Mined Annually 2,000,000 Concentrated Rock Produced Annually 1,300,000 Total Canada and United States (P

2O5) 695,000

Potash Based Fertilizers

Canada Vanscoy, Saskatchewan Potash KCl (MOP) 2,035,000

(1) Conda also produces other phosphate products such as merchant grade acid and super phosphoric acid some of which is upgraded to phosphate solution.(2) Includes over 30 different ammoniated grades of fertilizer.(3) North America refers to Canada and the United States, and Agrium’s approximate share estimate is based on the International Fertilizer Industry Association’s

(IFA) 2012 North America production capacity figures. (4) Based on: IFA World Ammonia Capacities 2012, June 2012; IFA World Urea Capacities 2012, June 2012; IFA World Processed Phosphates Capacities 2012,

July 2012; IFA World Potash Capacities 2012, August 2012.

Agrium’s Approximate Share of 2011 / 12 Global Production Capacity(4)

Ammonia (gross) 1.7%Urea 1.4%Phosphate 1.3%Potash 2.8%

Agrium’s Approximate Share of 2011 / 12 North America Production Capacity(3)

Ammonia (gross) 20.9%Urea 24.1%Phosphate 7.2%Potash 7.5%


Rainbow Plant Capacities(2)

United States Florence, Alabama 137,000 Americus, Georgia 159,000

Total Rainbow 296,000

production facilities and annual production capacities


Building a Global Presence


Investing in South America provides an opportunity to grow where agriculture is growing Our current operations, Profertil and ASP, will allow us to leverage our strengths as we enter new markets Brazil, Uruguay and Chile are key markets for expansion in South America beyond our Argentinian base In 2009, we continued to grow by opening two retail farm branches in Uruguay In 2010, ASP acquired 24 retail outlets and a formulation plant from DuPont in Argentina In 2012, ASP entered Brazil with the acquisition of Utilfértil Indústria E Comércio De Fertilizantes Ltda (Utilfertil)

ArgentinaArgentina is the second largest producer of crops in South America; with approximately 31 million hectares of arable land, its major crops are corn, wheat and soybeans Nutrient consumption in 2011 was 860, 666, and 47 thousand metric tonnes of nitrogen, phosphate and potash, respectively From 2012 to 2017, Argentina’s compounded annual growth rate for total nitrogen, phosphate and potash consumption is estimated to be 5 percent Agrium came to Argentina in 1995 as ASP (fully owned by Agrium) In 1998 Agrium established a 50% interest in the Profertil joint venture

BrazilBrazil is one of the largest fertilizer import markets in the world It’s also one of the fastest growing markets in the world, with a projected 4 percent compounded annual growth of nutrient consumption between 2012 and 2017 Brazil has the fourth highest consumption of crop nutrients in the world and is the world’s third largest import market Nutrient consumption in 2011 was 3 4, 4 6 and 4 4 million metric tonnes for nitrogen, phosphate and potash respectively Looking forward, Brazil is one of the few countries in the world with a land base that enables continued expansion of its cultivated land base Growth in planted areas and yields are expected to increase Brazil’s agricultural production in the near future and going forward, position the country as the lead exporter of several agricultural products including soybean, corn, beef, sugarcane, oranges, coffee and poultry

Agrium entered Brazil in 2012 with our acquisition of Utilfertil

ASP (Agroservicios Pampeanos) is a fully owned subsidiary of Agrium with approximately 600 employees serving farmers through Farm Centers that supply inputs and services in Argentina, Chile, Uruguay, and Brazil Products include fertilizers, crop protection chemicals, and seeds ASP entered Uruguay in 2009 and Brazil in 2012 to expand Agrium’s South American presence

Source: Fertecon Urea Outlook 2012/02, Fertecon Potash Data File - August 2012, CRU Phosphate Fertilizer Market Outlook, July 2012.

south america markets

agrium south america retail


Agrium began commercial production at the Profertil plant, located in Bahia Blanca, Argentina, in the third quarter of 2000 Profertil S A is 50 percent owned by Agrium Inc while YPF S A , a state-controlled oil and gas company in Argentina, owns the other half

Production Capacity(metric product tonnes per year)

Nitrogen Based Fertilizers:

Argentina Bahia Blanca (Profertil S A )(1)

Ammonia (gross) 750,000 Ammonia (net) 70,000 Urea 1,200,000

Distribution Facilities(metric product tonnes per year)

Argentina(1)

Urea NH3 Liquid Bahia Blanca 150,000 20,000 San Nicolas 77,000 45,000 San Martin 200,000 Total Argentina 427,000 20,000 45,000

(1) Profertil S.A. is 50 percent owned by Agrium Inc. while YPF S.A., a state-controlled oil and gas company in Argentina, owns the other half. Figures shown represent total production and distribution.

Source: Agrium.

agrium south america wholesale


agrium south america wholesale production & distribution locations

Moses Lake

Plymouth

Nitrogen Production Facility

Anhydrous Ammonia Storage

Solution Storage

Dry Storage


AustraliaThe $40 billion farm sector in Australia produces a variety of crops including grains, vegetables, cotton, sugar cane and pasture land for livestock With a relatively small population of 22 million, Australia is a key exporter of wheat and barley into Asia and the Middle East The three basic categories of fertilizers (nitrogen, phosphate and potash) are all used as crop inputs in Australia Demand for specialty products has increased in recent years and many suppliers now offer such products to suit the specific purposes of individual end users Australian fertilizer demand growth is expected to be similar to other mature markets such as North America, and relatively flat compared to historic trends

ChinaChina has the largest population in the world, with over 1 3 billion residents representing 20 percent of the global population China has 8% of the world’s arable land at approximately 110 million hectares China has the largest agricultural production in the world by volume, and is the world’s largest fertilizer market, accounting for nearly 30 percent of the world’s demand Rising annual incomes of China’s population are driving an improvement in diets and increasing the amount of grain, dairy, fruits, vegetables and meat consumed in China China has increased croping area in recent years and its stated goal is to remain self-sufficient in grain production Given a finite arable land base, grain yields will have to increase to keep pace with demand growth

IndiaForecasts indicate that by 2025 India will become the 5th largest consumer economy in the world While urbanization is not occurring as fast as some parts of Asia, urban population is expected to grow significantly With this, comes a rising middle-class which is expected to surpass that of China over the next 10 years India’s food consumption will increase with growth in population and income This will require a corresponding increase in agricultural production, which in turn will drive increased demand for crop nutrients

India has approximately 158 million hectares of arable land The major crops in India are rice, wheat, millet, cotton and pulses Fertilizer consumption in 2011 was 16 9, 7 4 and 2 8 million metric tonnes for nitrogen, phosphate and potash, respectively From 2013 to 2017, India’s compounded annual growth rate is estimated to be 4 percent annually for consumption of nitrogen, phosphate and potash

Indian agriculture is highly regulated as both fertilizer and crop prices are controlled by the government

australia, asia and pacific rim markets

Landmarkn Australia’s largest distributor of fertilizer and crop chemicals;n Provides a wide range of agribusiness products and services to customers;n Advisory services: agronomic, animal nutrition and whole farm planning;n Over 250 retail centers across Australia;n FY2011 Net Sales $2 2 billion;n FY2011 Gross Profit $419 million

australia retail

Source: Fertecon Urea Outlook 2012/02, Fertecon Potash Data File - August 2012, CRU Phosphate Fertilizer Market Outlook, July 2012.


JapanN. Korea

S. Korea

Russia

Mongolia

China

NepalPakistan

India

IranAfghanistan

Kazakhstan

Bangladesh

Australia

Taiwan

Phillippines

IndonesiaMalaysia

Laos

VietnamCambodiaThailand

Myanmar

New Zealand

Note: Agrium’s Australian Retail assets are listed on page 32.

australia, asia and pacific rim markets

Agrium China Office

Hanfeng Production Facility

Landmark State Office


Brussels

Pleven

Angoulême

Reims

Buchholz

Rostock

Constanța

Agrium Europe

Varna

Ravenna

Rouen

Ghent

Emden

Brake Lubeck

SeteBordeaux

La Pallice

AntwerpThiersheim

Dobrich

Immingham

Ipswich

Livorno

GalațiBrăila

Europe produces a diversity of crops and engages in differing agricultural practices due to variety in climate and fertilization patterns across the continent In 2011(1), Europe consumed 16 7, 5 0 and 4 3 million metric tonnes of nitrogen, phosphate and potash, respectively and $12 2 billion in crop protection chemicals In the EU-27(2)(3), there are approximately 109 million hectares of arable land, of which approximately 53 percent is cereals and 15 percent is oilseeds The EU-15(3) is a growth market for environmentally friendly crop nutrient and crop protection products In contrast, the countries in the EU-12(2) and Eastern Europe(3) are less mature in terms of application rates of nitrogen, phosphate and potash In general, these are growth markets for crop inputs, both in terms of consumption and range of products

Agrium entered Europe in 2008 with the purchase of a 70% interest in a diverse distribution network, Common Market Fertilizers, (“CMF”) In 2010 the remaining 30% of CMF was purchased by Agrium and became Agrium Europe In May of 2011, Agrium’s European footprint expanded with the purchase of Cereal Toscana in Northern Italy and Agroport in Romania Headquartered in Brussels, Belgium, Agrium Europe employs approximately 135 people and has 10 sales offices in six different countries Agrium Europe purchases, distributes and sells 2 2 million metric tonnes of nitrogen, phosphate and potash fertilizers in Europe As of December 2012, Agrium has access to 468 thousand metric tonnes of dry and liquid storage in Europe

(1) Fertilizer consumption is based on nitrogen, phosphate and potash from Western Europe EU15, Central Europe EU12 and Eastern Europe (Former Soviet Union).(2) EU-15: Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, Spain, Sweden, and the United Kingdom. EU-12: Bulgaria, Cyprus, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Romania, Slovakia and Slovenia.(3) Eastern Europe (Former Soviet Union): Armenia, Azerbaijan, Belarus, Estonia, Georgia, Kazakhstan, Kirghizia, Latvia, Lithuania, Moldavia, Russia, Tajikistan, Turkmenistan,

Former USSR, Ukraine and Uzbekistan.Source: USDA FAS PSD Database.

Fertecon Urea Outlook 2012/02, Fertecon Potash Data File - August 2012, CRU Phosphate Fertilizer Market Outlook, July 2012. AMIS Global.

european and former soviet union markets

agrium europe

Agrium Europe Head Office - Brussels, Belgium

Agrium Europe Subsidiary/Sales Office

Solution Storage

Dry Storage


Africa and the Middle East are markets with significant future growth potential Our ownership interest in the MOPCO nitrogen facility in Egypt provides us with a strong presence in the region In 2011, Africa and the Middle East consumed 4 7, 2 9 and 0 7 million metric tonnes of nitrogen, phosphate and potash, respectively

Egypt and Iran are the largest nutrient consumers in Africa and the Middle East This region is especially important in production and exports, particularity nitrogen and phosphates The top five producing countries (based on NPK nutrient tonnes) in the region are Egypt, Syria, Morocco, Iran and Saudi Arabia

Agriculture contributes significantly to the GDP of Africa and the Middle East Available arable land in Africa and the Middle East is approximately 224 million hectares and 39 million hectares respectively The major crops of this region are corn, sorghum, wheat and millet Corn is a major crop produced in both Africa and the Middle east, with 68 3 million tonnes produced in 2011 and approximately 33 5 million hectares harvested

Damietta (MOPCO Nitrogen Production Facility)(1)

(1) Agrium owns a 26 percent interest in MISR Fertiliser Production Company, S.A.E. (MOPCO) in Egypt. Source: USDA Foreign Agricultural Service, Circular Series WAP 10-12, October 2012.

USDA FAS PSD Database. Fertecon Urea Outlook 2012/02, Fertecon Potash Data File - August 2012, CRU Phosphate Fertilizer Market Outlook, July 2012.

africa and middle eastern markets

africa and the middle east – damietta (mopco)


Wholesale


Our Wholesale division is one of the world’s largest fertilizer distributors, marketing approximately 10 8 million tonnes(1) of nitrogen, phosphate, potash and secondary nutrients in 2011 Our products are predominately produced by 15 strategically located production facilities(2) and marketed around the world

Agrium’s Wholesale division manufactures, markets, and distributes three primary nutrients: nitrogen, phosphate, and potash We service our customers through a network of over 100 distribution warehouses, supplied by 15 production facilities in North and South America Our strengths include a low cost-in-market position, the ability to leverage distribution, and a focus on continued incremental expansion at key facilities Agrium’s Wholesale division also operates a distribution network throughout Western and Central Europe and has a 26 percent equity interest in MOPCO of Egypt

Potassium (K)

n Current capacity of approximately 2 0 million product tonnes

n Market internationally through Canpotex

n One million tonne brownfield expansion of Vanscoy Potash Operations in Saskatchewan, Canada is expected to be completed during the second half of 2014

Nitrogen (N)

n Facilities strategically located in Canada, the United States and Argentina have a combined annual capacity of approximately 5 4 million product tonnes

n Agrium has a 26% equity interest in MOPCO, a nitrogen producer in Egypt

n Competitive advantages of lower-cost Alberta, Argentina, and Egypt gas as well as a close proximity to key markets

Phosphate (P)

n Two phosphate plants, combined annual capacity of approximately 1 2 million product tonnes

n Delivered cost advantage in Western Canada and North Western United States markets

n Integrated mining and production, access to low-cost sulphur and sulphuric acid

Agrium Products Fertilizer:Ammonium Polyphosphate Monoammonium Phosphate (MAP)Ammonium Sulphate Muriate of PotashAnhydrous Ammonia Super Phosphoric Acid (SPA)Aqua Ammonia Urea Ammonium NitrateCalcium Ammonium Nitrate (CAN 17) UreaMerchant Grade Phosphoric Acid (MGA) Industrial:Ammonium Nitrate Muriate of Potash Ammonium Nitrate Solution Ammonium SulphateAnhydrous Ammonia Nitric AcidAnhydrous Ammonia Refrigeration Grade Urea Ammonium NitrateAqua Ammonia UreaMerchant Grade Phosphoric Acid Urea SolutionMonoammonium Phosphate DEF Grade UreaAmmonium Polyphosphate NOxOUT

(1) Inclusive of distribution business and Profertil. (2) Includes our joint venture agreement with Profertil in Bahia Blanca, Argentina.

agrium wholesale : leading global supplier


Canada(metric tonnes of fertilizer storage)

Location Dry Ammonia Specialty(1) Total

Bloom, Manitoba 50,000 27,000 - 77,000 Carseland, Alberta 110,000 32,000 80 142,080Clavet, Saskatchewan 64,000 - 34,000 98,000 Ft Macleod, Alberta 17,000 - - 17,000 Ft Saskatchewan, Alberta 65,000 36,000 - 101,000Granum, Alberta - - 13,000 13,000 Kamloops, British Columbia - - 1,700 1,700 Redwater, Alberta 175,000 70,000 10,000 255,000Roma Junction, Alberta - 170 - 170Standard, Alberta - - 21,000 21,000 Vanscoy, Saskatchewan 250,000 - - 250,000Watson, Saskatchewan - 27,000 20,000 47,000

Total Canada 731,000 192,170 99,780 1,022,950

United States(metric tonnes of fertilizer storage)

Location Dry Ammonia Specialty(1) Total

Americus, Georgia 52,000 - - 52,000 Borger, Texas 11,000 - - 11,000 Burley, Idaho 8,000 - - 8,000Conda, Idaho 66,000 - - 66,000 Early, Iowa - 66,000 - 66,000 Florence, Alabama 15,000 - - 15,000 Glade, Washington 17,000 - - 17,000 Hoag, Nebraska - 17,000 7,000 24,000 Homestead, Nebraska 29,000 - - 29,000 Kennewick, Washington(2) - 19,000 115,000 134,000 Lynchburg, Virginia 9,000 - - 9,000 Leal, North Dakota - 37,000 - 37,000 Marseilles, Illinois 5,000 25,000 24,000 54,000 Meredosia, Illinois - 7,000 31,000 38,000 Moses Lake, Washington 10,000 - 10,000 20,000 Mt Vernon, Indiana 19,000 - 6,000 25,000Newton, Illinois - - 4,000 4,000 Niota, Illinois - 18,000 - 18,000North Bend, Ohio 4,900 19,000 25,000 48,900 Paducah, Kentucky - - 13,000 13,000 Plymouth, Washington 18,000 - 2,000 20,000 Tifton, Georgia 16,000 - - 16,000 West Sacramento, California 29,000 36,000 30,000 95,000

Total United States 308,900 244,000 267,000 819,900

agrium wholesale owned distribution facilities

(1) Specialty includes solutions and specialty products.(2) Includes capacity from Kennewick and Finley, Washington.Source: Agrium.


Moses Lake

Plymouth

Nitrogen Production Facility

Solution Production Facility

Phosphate Production Facility

Phosphate Mine

Potash Production Facility

Potash Mine

Granulation Production Facility

Anhydrous Ammonia Storage

Solution Storage

Dry Storage

Blend Storage

Engro Distribution

Ammonia Pipeline System

Corporate/Wholesale Head Office

United States Sales Office

agrium north america wholesale production & distribution locations


RetailProfit From Our Experience


Our Retail division is the largest global direct-to-grower agricultural retail operation Globally Retail generated $10 3 billion in sales in FY2011, primarily from seed, crop protection and fertilizer products As of September 30 2012, Agrium operates a network of 824 retail locations in the United States, 63 retail centers, as well as the UAP distribution centers in Canada, 58 retail locations in South America and 279 retail locations in Australia Agrium’s Retail operations offer farmers a complete range of seed, liquid and dry fertilizer products, primary crop protection products including herbicides, insecticides, fungicides, as well as a range of related services

Agrium Retail Products (for fiscal year 2011)

Crop Nutrientsn Sales of $4 5 billion;n Gross profit of $758 million;n Purchasing advantages from our economies of scale;n Our integrated fertilizer services provide customers

with expert advice and application services

Crop Protection Productsn Sales of $3 4 billion;n Gross profit of $798 million;n Purchasing advantages from our economies of scale;n Proprietary crop protection products;n Distribution of Loveland proprietary brand products

Seedn Seed sales of $1 1 billion;n Gross profit of $230 million;n Seed sales increased by approximately 24 percent from previous year;n Rapidly growing seed and private label seed businesses;n Distribution of Dyna-Gro proprietary brand seed

United States CanadaFarm Centers 577 63Satellites 192 24Terminals 40 -Distribution Centers 11 7Plants 4 -Total 824 94

In FY2011, Agrium’s Retail operations in the North America, Crop Production Services (CPS), generated sales of $7 7 billion Agrium’s Retail branches are staffed with trained, professional employees committed to providing their growers with sound agronomic advice, seed that is selected from the best germplasm pools in the world, and other crop inputs

CPS Canada has established locations in all the major agricultural production areas in Alberta, Saskatchewan, and Manitoba, including the Peace River districts of Alberta Agrium’s pending acquisition of Viterra’s Agri-products business is expected to add over 200 locations to our Canadian retail network

12%Merchandise,

Services and Other

11%Seed

33%Crop Protection

Products

44%Crop Nutrients

Note: Agrium’s South American Retail assets are listed on page 30.

2011 Sales

agrium retail: best in class

north america retail: crop production services (cps)

Merchandise, Services and Othern Merchandise includes wool, fencing, feed

supplements and animal health products;n Sales of $1 2 billion;n Gross profit of $500 million;n Services include product application, soil

and leaf testing and crop scouting


* Satellites. ** Terminals.DC Distribution Center P Plants.

a

Alabama (11 locations)

Ashford*AtmoreAuburnDothanHeadland*KinstonMadisonSelmaSelma*Slocomb*Summerdale* Arizona (5 locations)

ChandlerCoolidgePostonTucsonYuma Arkansas (36 locations)

Almyra*AltheimerBarton*Blytheville Blytheville* (2 locations)

CarawayCashClarendonCrawfordsvilleDes Arc*De Valls Bluff*Gillett*GradyHazen Hazen*Joiner*Lake CityLePantoMariannaMarianna*Marked TreeMcCroryMcGehee*

a

Arkansas (continued)

Monette*Monticello (2 locations)

NewportOsceolaParagould*PortlandStuttgart* (2 locations)

WheatleyWinchester* Wynne

c

California(47 locations)

BakersfieldBakersfield*Bakersfield**Buttonwillow*CoachellaCutler*DelanoFillmore*FirebaughFirebaugh* (2 locations)

Five PointsFresnoGoletaGreenfieldHanfordHollisterHuron*Imperial (2 locations)

LemooreMaderaMercedModesto (2 locations)

Newman*OxnardOxnard*Paso RoblesRiversideSacramentoSalinasSan Jacinto*San Marcos

c

California(continued)

Santa AnaSanta Maria (2 locations)

Santa Maria*SebastopolStockton Tipton*UkiahVernalisVisaliaWatsonville (2 locations)

Yuba City Colorado (4 locations)

Fort MorganGreeley Greeley P

Yuma Connecticut (1 location)

Broad Brook

d

Delaware (4 locations)

Milford SeafordSeaford**Seaford DC

f

Florida (13 locations)

Belle Glade Boynton Beach* Ft Pierce HastingsHomesteadImmokaleeJayLehigh AcresMulberry

f

Florida (continued)

Mulberry DC

ParrishWauchulaWaverly

g

Georgia (20 locations)

AmericusArlingtonBaxleyColquittDoerunDonalsonvilleFt. ValleyGreensboroJesupLeesburg** MeigsMillenMoultrieOglethorpe*SwainsboroSwainsboro*Swainsboro**Sylvania* SylvesterVienna*

h

Hawaii (4 locations)

HiloKahului KuniaLihue

i

Idaho(17 locations)

American FallsBancroftBlackfoot

i

Idaho(continued)

Bruneau* BuhlBurleyCaldwell (2 locations)

Glenns FerryHansenIdaho Falls KimberlyParmaPaul**RobertsRupert**Wendell

Illinois(78 locations)

Alexis*AmboyAtlanta DC

BaileyvilleBiggsvilleBlandinsvilleBrownsCambridgeCamp Point*CarlyleCarmiCatlinCissna ParkClay CityColumbus*Danville**DixonDwightEdgewoodEvansville*FairburyFerrisFloraFlora*Franklin GroveGladstone*GreenfieldGreenviewHoopestonIuka

crop production services (cps)

(Sept, 2012)



i

Illinois(continued)

Jacksonville Keithsburg*KnoxvilleLanarkLouisville*MarissaManlius*MelvinMetcalfMorrisonvilleMt CarmelMt ErieMt Sterling NeogaNew BadenNew BostonNiota** (2 locations)

NokomisNorth Henderson*OaklandOld ShawneetownOlive Branch*OnargaOneidaParisPaxtonPontiacQuincy Quincy** RaleighRichmondRio*SauneminSciota*Shabbona*Sheffield SheldonSidneySteeleville*StewardStrawnViolaWalnut*Walsh*Wenona

i

Illinois(continued)

White HallYates City*

Indiana (52 locations)

AmboyArcadia (2 locations)

AtticaBoonvilleBoston*BrimfieldBrookvilleChalmersCharlottesvilleClarks HillDanaDeckerDelphiDeputy*FairmountFairmount*FranklinFultonGreensburgHatfieldHomerJasperLafayetteLebanon (2 locations)

Liberty**Monon**MooresvilleOaktown*OdonOrleansOtwellPatokaPeruPoseyvillePrincetonRoachdale**RushvilleSelma*Scottsburg Scottsburg*

i

Indiana(continued)

ShelburnStraughnSwitz CityTerre Haute DC

W. LebanonWarrenWashingtonWest College CornerWheatland* Williamsburg

Iowa (41 locations)

Anthon*AtalissaBattle CreekBooneBrayton*BredaCamanche**Coin*CorningCrestonDanburyDyersvilleEarlville*EdgewoodGarnavilloGibsonHancockHopkintonIda GroveIndependence*IrvingtonKeswickLowden* Lu VerneMediapolis MingoMonticelloMovilleNevada**North English*Odebolt

i

Iowa(continued)

Ogden*OskaloosaPrestonReinbeckSac City*UnionWhitingWinthropWorthingtonWyoming

k

Kansas (42 locations)

BeloitBelpreBrewster*Burrton*CimarronClay CenterColby*Collyer*Copeland (2 locations)

Courtland*Galva*Garden CityGarden City DC

Gaylord* GoddardGoodland (2 locations) Goodland*Grainfield*Hill CityHoxieHunterJetmoreKinsleyLeotiLittle River*Lyons*MahaskaMontezuma*Morganville*

k

Kansas (continued)

OakleyOberlinPlainsPratt*RepublicScott City*Scott City**Smith CenterSublette*WaKeeneyWaterville

Kentucky (38 locations)

AllensvilleBeaver DamCadizCampbellsvilleClarksonClayClinton*CynthianaEkronFancy FarmFranklinGlendaleGuthrieHardinHendersonHodgenvilleHorse CaveLebanonLexingtonMadisonvilleMayfieldMorganfieldMurray**Owensboro (2 locations)

PembrokePooleRussellville (3 locations)

SacramentoSedaliaShelbyvilleSlaughters* (2 locations)


(Sept, 2012)



k

Kentucky (continued)

UptonUticaWaverly

l

Louisiana (20 locations)

Bonita*BoyceBunkie*DelhiEltonGilliam*Jonesville*Lake ProvidenceLoreauville*Mer RougeNew RoadsNew Roads* (2 locations)

Opelousas*TallulahThibodauxVick*Ville Platte*Whiteville*Wisner

m

Maine (2 locations)

LewistonMapleton

Maryland (7 locations)

Boonsboro*CentrevilleDentonEast New MarketMassey*PocomokeWorton

m

Massachusetts (3 locations)

CarverSouth DeerfieldSterling

Michigan (28 locations)

Ann Arbor*Bear LakeBenton HarborBlissfieldBlissfield*Blissfield** BreckenridgeBrown CityCarrollton**Greenville**HendersonLake OdessaLinwoodMelvinMendonMorenciMungerNottawaOwendalePinconning*SalineSanduskySpartaSt JohnsSunfieldSunfield**Sunfield DC

Ubly

Minnesota (21 locations)

AldenBattle LakeBig LakeDasselFairmontHallockHallock*Harmony

m

Minnesota (continued)

LakefieldMoraPerham (2 locations)

PipestonePlainviewRaymond*SargeantSauk CentreSlaytonStephen*WadenaWinthrop

Mississippi(22 locations)

Anguilla*BatesvilleBenoit*Benton*Bolton*BoyleClarksdaleDuncan*Greenville P

GreenwoodGrenada*Hollandale*Holly BluffHolly Springs*HoustonIndianola*LelandMacon*New Albany* Rolling ForkRolling Fork**Tunica

Missouri (21 locations)

Bowling Green (2 locations)

CardwellCardwell*Caruthersville** ClarenceCooter

m

Missouri (continued)

Essex*HarrisonvilleHornersville*LaPlataMarston**PalmyraParisParma*PerryPortagevilleSenathSikestonWestboroWhiteoak*

Montana (6 locations) BelgradeBillingsBillings P

FairviewGreat FallsHardin

n

Nebraska (12 locations)

Ashland* BeatriceBeemerBridgeportChesterFairbury P

ImperialJohnsonKearneyMcCookSouth Sioux CityThurston

Nevada (1 location)

Sparks

n

New Jersey (3 locations)

BridgetonMalagaPittstown

New Mexico (8 locations)

Artesia (2 locations)

Artesia*Dell CityHatch*PortalesSocorroVado

New York (10 locations)

AmeniaAvonCohoctonFancherFloridaMiltonMt Morris*Nelliston*Oswego**Sodus

North Carolina (46 locations)

AlbemarleAlbertson BaileyBelhavenBrown SummitBunnClintonConwayCreswellElizabeth City*EnfieldErwinFairfield Fairmont*Four Oaks*GreenvilleHenderson


(Sept, 2012)



n

North Carolina (continued)

HendersonvilleHertford*JeffersonLaurinburgLumbertonMaysvilleMonroe (2 locations)

NashvilleNewlandNorwoodPantego*PrincetonRed Springs*Rocky MountSalemburgSanfordShawboroShelbySnow Hill*SophiaStatesvilleTarboro DC

TrentonVanceboro* WashingtonWilsonWilson**Yadkinville

North Dakota (13 locations)

BismarckDickinsonGrace CityGraftonGrand ForksGrand Forks DC

HattonJamestownJamestown*MapletonMinotWahpetonWilliston

o

Ohio (39 locations)

AnsoniaAttica**BainbridgeBotkinsBradfordCarey*DelphosDunkirkEatonEaton*EdisonFindlayFort Jennings*FrankfortGreenvilleGreenville**HamlerJeffersonvilleKirkwood**Leipsic* (2 locations)

MidlandMilford Center*MowrystownMt Sterling**Mt Sterling DC

Nevada*North Bend*OttawaOttawa**PolkSabinaSidneySidney**ThurstonUpper SanduskyUrbana* Washington C.H.**West Jefferson

Oklahoma (7 locations)

AltusChattanooga** ClintonGuymonHooker

o

Oklahoma (continued)

Tyrone*Webbers Falls

Oregon (9 locations)

AthenaBaker City*Carlton*GreshamLa GrandeNorth Powder*RickreallSalem (2 locations)

p

Pennsylvania (6 locations)

Belleville*BiglervilleBloomsburgChambersburg*HoltwoodTyrone

s

South Carolina (9 locations)

AynorBishopvilleDarlington DC

HemingwayKingstree*Lake CityOrangeburgOrangeburg**Starr

South Dakota (4 locations)

Elk PointNorthvilleSpearfishVermillion

t

Tennessee (17 locations)

BellsBrownsvilleClarksville CovingtonEthridge*Friendship*HuntingdonManchester*MilanPalmersville*Portland*Puryear*Springfield*Union City**Union City DC Whiteville*Wynnburg

Texas (50 locations)

Big SpringBlessing*BrownfieldCaldwellCotton CenterDeLeon*Denver CityDodsonDumasEdinburg*Edna El CampoFloydadaHarlingen*HerefordHereford*HillsboroHillsboro*Holland HoustonIdalou Knox CityKnox City*LamesaLamesa*Moody

t

Texas (continued)

Palmer Paris*PittsburgPlainsPlainviewPleasanton*Robstown*RoscoeSan Angelo*San Antonio*Santa RosaSeagraves (2 locations)

Seminole SlatonSlaton*Stamford TaftTaylor (2 locations)

Taylor*Victoria** Waco**Wharton*

u

Utah (1 location)

Tremonton*

v

Vermont (1 location)

Addison


(Sept, 2012)


v

Virginia (17 locations)

AbingdonBelle HavenChase City*CloverdaleColonial HeightsCrystal HillEastville*HaynesvilleHeathsville*Hopewell*IvorMelfaMt Holly* Prince George**SealstonSouth HillWylliesburg

w

Washington(23 locations)

Almira*ConnellCoulee CityDavenportEndicottHarringtonHarrington*Mansfield*Moses LakeOthelloPasco (2 locations)

PlymouthPlymouth**PomeroyPrescott* QuincyReardanRosaliaSt. JohnToppenishWalla WallaWaterville

w

Wisconsin (5 locations)

DeForestGalesvilleJanesvillePlainfieldPlainfield*


(Sept, 2012)



(1) All DC locations are former legacy UAP locations.* Satellites. ** Terminals.DC Distribution Center P Plants.

a

Alberta (49 locations)

Beaverlodge* Bentley Bow IslandCalgary (DC)

CamroseCarselandCastorClaresholmCoaldaleCrossfieldCypress County*DayslandDaysland*DelburneDidsburyEaglesham*Falher ForemostGrimshawHigh RiverHytheHythe*Lacombe LloydministerMagrathManning

a

Alberta (continued)

Medicine Hat Medicine Hat* (2 locations)

Milk River*Nanton*PenholdPicture Butte*PonokaRimbeySpirit RiverSpirit River*StettlerTaberTaber* (2 locations)

TorringtonTrochuValleyview*VauxhallVikingWarnerWelling*Worsley*

b

British Columbia (1 location)

Langley (DC)

m

Manitoba(6 locations)

CarmanPortage La Prairie (DC)

Portage La Prairie*RoblinRussellSwan River

o

Ontario(2 locations)

Cambridge (DC)

Dorchester (DC)

q

Quebec(1 location)

Coteau du Lac (DC)

s

Saskatchewan(35 locations)

BalcarresBeechy*BiggarCanoraCentral ButteCuparDavidsonDinsmore*KamsackKinistinoKiplingLanghamLanigan*Leader*Lucky LakeLumsden

s

Saskatchewan(continued)

Mantario*MelvilleMoose JawMoosominNorth BattlefordOutlookOslerPrince AlbertReginaRegina*Regina (DC)

SaskatoonShaunavon* ShellbrookSpiritwoodStrongfieldWakawWatrousYorkton

crop production services canada (cpsc)(1)

(Sept, 2012)


Crop Production Services (CPS)

Crop Production Services Canada (CPSC)

north america retail locations


Agroservicios Pampeanos

Argentina Chile Uruguay BrazilFarm Centers 42 0 3 0Chemical Formulation Plants 1 0 0 0Fertilizer Plant 1 0 0 0Satellites 5 0 0 0 Chemical Storage Warehouses 1 2 0 0Retail Blending Facility 0 0 0 1Head Offices 1 1 0 0Total 51 3 3 1

Argentina(50 facilities and one head office in Argentina)

* Satellites. P Plants. W Warehouses.

b

Buenos Aires Prov.(24 locations)

Alberdi AmericaBalcarceBolivarColonia HinojoColonia Hinojo (P)

Cnel. SuárezCucha CuchaEl ArbolitoFrenchGardeyGeneral VillegasJunín (Central Division Office)

LincolnMartinez (Headquarter Office)

MechitaO’Higgins

b

Buenos Aires Prov.(continued)

PieresSalto*San Antonio de ArecoTandil (South Division Office)

Tres ArroyosTreinta de AgostoTrenque Lauquen*

c

Cordoba Prov.(11 locations)

La CarlotaCnel. Baigorria

c

Cordoba Prov.(continued)

Colonia BismarkGeneral RocaGeneral Cabrera Jesus MariaLaboulayeLaguna LargaMonte Buey*Rio Cuarto*Villa Maria

e

Entre Rios Prov.(3 locations)

ParanaVictoria

e

Entre Rios Prov.(continued)

Villaguay

m

Mendoza Prov.(1 location)

Cuyo

p

La Pampa Prov.(1 location)

General Pico

s

Salta Prov.(1 location)

Rosario de la Frotera

Santa Fe Prov.(10 locations)

La CaliforniaCasildaCasilda (P)

ChapuyCol Casilda (W)

Gálvez PeyranoRafaelaRosario (North Division Office)

San Genaro*

south america retail locations

c

Coquimbo (W)

s

Santiago de Chile (Head Office)

t

Temuco (W)

d

Dolores Durazno

y

Young

i

Itapetininga (P)

Chile Uruguay Brazil(2 facilities and one head office in Chile) (3 facilities) (1 facility)

(Sept, 2012)


south america retail locations

Agroservicios Pampeanos (ASP)

Head Office


landmark retail locations

n

New South Wales (64 locations)

AlstonvilleArdlethanAriah ParkArmidaleBarrabaBombalaBraidwoodBroken HillCobarCoomaCoonambleCootamundraCowraCrookwellCroppa CreekDelegateDeniliquin-NorthDubboFinleyForbesGlen InnesGoulburnGraftonGriffithGunnedah GuyraHarwood HayHillstonHolbrookInverellLavington (Albury)Lismore South LockhartMerriwa

n

New South Wales (continued)

Molong MoreeMoss ValeMudgee MungindiMurwillumbahNarrabriNarranderaNarromineNynganOrangeParkesQuirindiRutherfordSconeTamworthTemoraUranaWagga WaggaWalchaWalgettWalla WallaWarialdaWarren (2 locations)

Wee WaaWest WyalongYassYoung

Northern Territory (3 locations)

Alice SpringsDarwin-YarrawongaKatherine

q

Queensland (46 locations)

ArundelAyrBallandean Ballandean (Applethorpe)BiloelaBlackallBowenBundabergCharlevilleCharters Towers (2 locations)

ChinchillaClermontCloncurryCunnamullaDalbyEmerald Garbutt (Townsville)GattonGoondiwindiGympieHome HillHughendenInjuneLongreachMackayMareebaMeandarraMitchellMundubberaOakeyPittsworthQuilpie

q

Queensland (continued)

RichmondRockhamptonRomaSt GeorgeTamboTaroomTolgaToowoombaTullyWallavilleWandoanWintonYandina

s

South Australia (53 locations)

ArthurtonBalaklavaBerriBordertownBurraButeCedunaClareCleveCowellCumminsEudundaGawlerJamestownKadinaKapunda (3 locations)

s

South Australia (continued)

Karoonda KeithKimbaKingscoteKingstonLamerooLock (2 locations)

LoxtonLucindaleMcLaren ValeMelroseMeningieMillicentMinlatonMt CompassMt Gambier Mt Pleasant (2 locations)

Murray BridgeNaracoorteOrrorooPadthawayPenolaPeterboroughPinnarooPort Augusta RivertonSnowtown StrathalbynStreaky BayTintinaraTumby BayWarookaWudinna

NSW N.Terr QLD S.Aus Tas Vic W.Aus

Total Retail Locations 64 3 46 53 3 50 60

(Sept, 2012)



t

Tasmania (3 locations)

Latrobe LauncestonSmithton

v

Victoria (50 locations)

AlexandraAraratBairnsdaleBallarat SouthBalmoralBannockburnBenallaBendigoBerriwillockCastertonCobdenColacDonaldEchucaElmoreEuroaFosterHamiltonHeyfieldHorshamKanivaKerangKorumburraKynetonLeongathaManangatangMilduraMortlakeNangilocNyah Ouyen

v

Victoria (continued)

Poowong Robinvale Rokewood SaleShepparton SkiptonSt ArnaudStawellSwan HillTimboonTraralgonWandinWangarattaWarracknabealWarrnamboolWodongaWonthaggiYarramYea

w

Western Australia (60 locations)

AlbanyBeaconBeverleyBoyup BrookBridgetownBrooktonBroomeBruce RockBullsbrookBunburyBusseltonCapelCarnarvonCoorowCorrigin

w

Western Australia (continued)

DalwallinuDandaraganDarkanDkt Rural CunderdinDumbleyungEsperanceFranklandGeraldtonGinginGnowangerupGoomallingHarveyHydenKalannieKatanningKellerberrinLake GraceLake KingManjimupMany PeaksMargaret RiverMerredinMidvaleMingenewMooraMorawaMount BarkerMullewaMundijongNannupNarroginNorthamNorthamptonPerenjoriQuairadingSalmon GumsSouthern CrossTambellup

w

Western Australia (continued)

WaginWickepinWilliamsWongan HillsWubinWyalkatchemYork

(Sept, 2012)


Australia

IndonesiaMalaysia

New Zealand

Branch

State Office



AdvancedTechnologies


Agrium Advanced Technologies is the leading manufacturer and marketer of controlled-release fertilizers and micronutrients in the agricultural, professional turfgrass, horticulture, and consumer lawn and garden markets

Controlled Release Slow Release Micronutrients

Duration AG BCMU AMP

Duration CR Nitroform Broadman 20

ESN Nutalene EZ 20

Polygon XCU Nubor 10

Smart Nutrition Nu-Gro Zinc Gro

Spread it and Forget it Nu-Spec

agrium advanced technologies: embracing the future

Product Categories

Slow-Release Fertilizer

Slow-Release Fertilizer


ESN Features, Advantages and Benefits

ESN is the only controlled release nitrogen source widely available in agriculture, providing growers with a return on investment through increased nitrogen efficiency

Audience Features Advantages Benefits

Growers Controlled Release Nitrogen (N) Benefits

Yield Enhancements

Per acre yield increases of 15-20 bu/acre in corn, 8-10 percent in Canola, and 5-10 percent in wheat when applied to the appropriate acres (1)

Protein/Quality Improvements

Up to 1 5 percentage point increase in cereal protein and increased quality in potatoes and other crops (1)

Timing/Convenience

Fewer applications required with a larger window Coating protects product while in storage and works with all conventional equipment

Seed Safety Apply up to 3x the typical safe rate of urea

Environmentally Friendly

Significantly reduce N loss to the environment, protecting the growers N investment while receiving government support through the use of incentives

Backed by Independent Research

Confidence University and government research over multiple years, geographies, and crops instills confidence in benefit claims

Color Confidence Color instills confidence in the grower and tells them they received the appropriate product

(1) Statistics are based on AAT field research database, results may vary.

agrium advanced technologies: embracing the future

Annual Production Capacities by Product Production Capacity (metric tonnes per year)

Enhanced Efficiency Fertilizers(by product types)

ESN 480,800Polygon/NPK 63,500Duration 60,800XCU 128,800Nutralen/Nitroform 22,700Total Capacity 756,600

AMP MicronutrientsReese Facility 45,400Fairbury Facility 45,400Total AMP Micronutrients 90,800


Innovation is a key priority for Agrium Advanced Technologies

AAT’s Research Team provides:

n New product, process and application development;n Scale-up and commercialization;n Optimization of current products;n Investigate emerging technologies;n Development of intellectual property for AAT

AAT’s Agronomy Team provides:

n Products founded on sound agronomic science for predictable performance and value to the customer; n Products backed by years of industry-leading field testing by top soil scientists;n Recognized experts in slow and controlled-release fertilizer products;n Quality customer education to help properly position our products

AAT’s Products provides:

n Improved productivity;n Improved customer profit;n More convenient application timing and methods;n Environmental benefits

Agrium Advanced Technologies businesses:

AgriculturalMarkets

Turf and Ornamental Markets

Direct Solutions Distribution

AAT International

n Provides return through high yield and quality by maintaining nutrient efficiency through;

n Controlled release nitrogen products

n Micronutrient products

n Reducing nitrogen loss to environment, protecting the air and water

n Environmental, economic and performance advantages to turf and ornamental customers through;

n Slow and controlled release fertilizers

n Micronutrient products

n Polymer coated plant protection products

n Distributes environmen-tally sound and high performance fertilizer seed and plant protection to turf managers and ornamental growers

agrium advanced technologies – product innovation

n Distributes fertilizers globally and segmented across agriculture and professional through select distribution partners

n Blended and bagged fertilizers, containing proprietary fertilizer technology


Fairbury

Rock IslandCozad

Dalhart

Winnipeg

Woodburn

Glade

Pella

Dixon

Roberts

Ullen

TolleyMoccasin

Burns Harbor

Morris Canal Winchester

Savannah

GreenvilleWashingtonCourthouse

SpringfieldDanville

Mapleton

AtwaterLakeville

Winona

Lynchburg

Martins Ferry

Baltimore

Putnam

Tifton

Bartow

Shawano

agrium advanced technologies production and distribution locations

Production Facility

Product Innovation

TOW Storage Facility

Head Office

ESN Storage Facility

Note: Includes leased storage facilities.


aat turf and ornamental: direct solutions locations

Greeley

Houston

Irving

Oklahoma City

Fort Myers

Coral Springs

Sanford

Duluth

Clinton

La Vista

Winthrop

Atlanta

Columbia

Indianapolis

Columbus

Ashland

Rosedale

Girdletree

Lewiston

Addison

Rochester

Butler North BrunswickBohemia

FranklinPutnam

LansingDeForest

CalgaryKelowna

Abbotsford

DeltaNanaimo

Vancouver

Victoria

Direct Solutions - Warehouse Distribution Sites


Agricultural Statistics


(e) Estimated.(p) Projected.Source: USDA WASDE - 511, October 11, 2012.

agricultural statistics

Global Total Grains Supply/Demand(million metric tonnes)

Year Output Total Supply Trade Total Use Ending Stocks Stocks to Use Ratio

2012/13(p) 2,228 2,697 283 2,275 421 19%

2011/12(e) 2,309 2,771 330 2,302 468 20%

2010/11 2,199 2,691 284 2,230 461 21%

2009/10 2,234 2,686 290 2,199 487 22%

2008/09 2,241 2,610 286 2,160 451 21%

2007/08 2,122 2,463 276 2,101 363 17%

2006/07 2,005 2,393 260 2,053 340 17%

2005/06 2,019 2,423 253 2,033 390 19%

2004/05 2,043 2,401 241 1,994 408 20%

2003/04 1,858 2,302 241 1,947 354 18%

2002/03 1,816 2,352 241 1,910 442 23%

2001/02 1,870 2,414 239 1,900 514 27%


Source: USDA FAS.


Crop Cycles: Growing Seasons for Key Global Regions

Seeding Months Harvest Months

CornUnited States April – May October – November

S China February – April July – August

Brazil 1st Crop October – December February – June

2nd Crop January – February June – September

Argentina October – December March – June

Western Europe March – May September – November

WheatUnited States – Winter September – October June – August

United States – Spring April – May July – September

Canada – Spring May – June August – October

China – Winter September – October May – June

Argentina – Winter June – August November – January

Australia May – June October – December

SoybeansUnited States May – June October – November

Brazil 1st Crop October – December March – May

2nd Crop April – May August – September

Argentina 1st Crop November – January April – May

2nd Crop December – January May – June

Canada May – June September – November

RiceUnited States April – May September – October

India May – August (Kharif) October – January

November – February (Rabi) March – May

China April – May (single crop) August – September

March – April (double crop – early) June – July

June – July (double crop – late) October – November

Brazil November – December (center – south) February – May

January – February (north and northeast) June – August



Source: USDA, Major World Crop Areas and Climatic Profiles, Agricultural Handbook No. 664. Agrium.

Fertilizer Calendar

Q1 Q2 Q3 Q4

North America Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Corn

Soybeans

Winter Wheat

Canola/Spring Wheat

AustraliaWinter Wheat

ArgentinaCorn

Soybeans

ChinaCorn (North and South)

Rice

Winter Wheat

Spring Wheat

IndiaRice

Winter Wheat

BrazilCorn 1st Crop (58% of Total Corn)

Corn 2nd Crop (42% of Total Corn)

Soybeans

Sugar cane

EuropeWinter Wheat

Fertilizer Application

Plant

Harvest


(CY) Crop year.(e) Estimated.(p) Projected.Source: USDA WASDE - 511, October 11, 2012.

Crops: Area, Production and Stocks – United States (million bushels and million acres)

Wheat(cy)

YearArea

PlantedArea

HarvestedYield

(bu/ac)Produced

Total Use

Ending Stocks

Stocks to Use Ratio

Avg. Farm Price ($/bu)

2012/13(p) 55 7 49 0 46 3 2,269 2,488 654 26% 8 10

2011/12(e) 54 4 45 7 43 7 1,999 2,231 743 33% 7 24

2010/11 53 6 47 6 46 3 2,207 2,417 862 36% 5 70

2009/10 59 2 49 9 44 5 2,218 2,018 976 48% 4 87

2008/09 63 2 55 7 44 9 2,499 2,275 657 29% 6 78

2007/08 60 5 51 0 40 2 2,051 2,314 306 13% 6 48

2006/07 57 3 46 8 38 7 1,812 2,049 456 22% 4 26

2005/06 57 2 50 1 42 0 2,105 2,155 571 26% 3 42

2004/05 59 7 50 0 43 2 2,158 2,235 540 24% 3 40

Soybeans(cy)

YearArea

PlantedArea

HarvestedYield

(bu/ac)Produced

Total Use

Ending Stocks

Stocks to Use Ratio

Avg. Farm Price ($/bu)

2012/13(p) 77 2 75 7 37 8 2,860 2,920 130 4% 15 25

2011/12(e) 75 0 73 8 41 9 3,094 3,155 169 5% 12 50

2010/11 77 4 76 6 43 5 3,329 3,280 215 7% 11 30

2009/10 77 5 76 4 44 0 3,359 3,361 151 4% 9 59

2008/09 75 7 74 7 39 7 2,967 3,047 138 5% 9 97

2007/08 64 7 64 1 41 7 2,677 3,056 205 7% 10 10

2006/07 75 5 74 6 42 7 3,188 3,073 574 19% 6 43

2005/06 72 0 71 3 43 0 3,063 2,873 449 16% 5 66

2004/05 75 2 74 0 42 2 3,124 2,986 256 9% 5 74



(e) Estimated.(p) Projected.Source: USDA WASDE - 511, October 11, 2012.


Corn Supply and Use – United States (million bushels and million acres)

Year Begin Stocks

AreaPlanted

AreaHarvested

Yield(bu/ac)

Produced Total Supply

Total Dom Use

Exports End Stocks

Stocks to Use Ratio

Days Supply

Avg Farm($/bu)

2012/13(p) 988 97 88 122 10,706 11,769 10,000 1,150 619 6% 23 7 80

2011/12(e) 1,128 92 84 147 12,358 13,514 10,983 1,543 988 9% 33 6 22

2010/11 1,708 88 81 153 12,447 14,182 11,221 1,834 1,128 10% 37 5 18

2009/10 1,673 86 80 165 13,092 14,774 11,079 1,987 1,708 15% 56 3 55

2008/09 1,624 86 79 154 12,092 13,729 10,207 1,849 1,673 16% 60 4 06

2007/08 1,304 94 87 151 13,038 14,362 10,300 2,437 1,624 16% 58 4 20

2006/07 1,967 78 71 149 10,535 12,514 9,086 2,125 1,304 14% 52 3 04

2005/06 2,114 82 75 148 11,114 13,237 9,122 2,147 1,967 22% 79 2 00

2004/05 958 81 74 160 11,807 12,776 8,844 1,818 2,114 24% 87 2 06

2003/04 1,087 79 71 142 10,089 11,190 8,335 1,897 958 11% 42 2 42

2002/03 1,596 79 69 129 8,967 10,578 7,903 1,588 1,087 14% 50 2 32

2001/02 1,899 76 69 138 9,507 11,416 7,915 1,889 1,596 20% 74 1 97

2000/01 1,718 80 72 137 9,915 11,639 7,805 1,935 1,899 24% 89 1 85

1999/00 1,787 77 71 134 9,431 11,232 7,587 1,937 1,718 23% 83 1 82

1998/99 1,308 80 73 134 9,759 11,085 7,318 1,981 1,787 24% 89 1 94

1997/98 883 80 73 127 9,207 10,099 7,287 1,504 1,308 18% 66 2 43

1996/97 426 80 73 127 9,293 9,733 7,054 1,795 883 13% 46 2 70

1995/96 1,558 71 65 114 7,374 8,947 6,294 2,228 426 7% 25 3 24

1994/95 850 79 73 139 10,103 10,963 7,205 2,200 1,558 22% 79 2 26

1993/94 2,113 79 72 101 6,336 8,470 6,292 1,328 850 14% 49 2 50


* Corn and Cotton data are for the year 2010. Spring Wheat and Winter Wheat data is for the year 2009. Soybean data is for the year 2006.Source: USDA NASS Agricultural Chemical Usage Report - 2010 Corn, Upland Cotton and Fall Potatoes, May 25,2011.

USDA NASS Agricultural Chemical Usage Report - 2009 Wheat, May 19, 2010. USDA NASS Agricultural Chemical Usage Report - 2007 and 2008 Field Crops Summary.


Fertilizer Application Rates – United States

N P K Total

Corn lbs/acre 140 60 79

% of area applied 97% 78% 61%

lbs applied/acre 136 47 48 231

Cotton lbs/acre 77 41 66



Soybeans lbs/acre 16 46 80



Spring Wheat lbs/acre 78 31 23



Winter Wheat lbs/acre 61 31 39




(1) Total nutrient taken up by the crop.(2) Nutrient removed in harvested portion of the crop.Source: IPNI; Plant Food Uptake and Harvest Removal For Southern Crops, November 2009.


Nutrient Uptake and Removal by Field Crops – United States (pound per acre)

N P2O5 K2O

Corn159 bu/acre Uptake(1) 212 90 212

Removal(2) 119 70 46

Cotton800 lb/acre Uptake(1) 128 38 112

Removal(2) 53 23 33

Soybeans43 bu/acre Uptake(1) 275 50 179

Removal(2) 172 34 60



(1) Total nutrient taken up by the crop.(2) Nutrient removed in harvested portion of the crop.Source: Canadian Fertilizer Institute, February 2001.

Nutrient Uptake and Removal by Field Crops – Western Canada (pound per acre)

N P2O5 K2O S

Barley80 bu/acre Uptake(1) 100 – 122 40 – 49 96 – 117 12 – 14

(3,360 kg/ha) Removal(2) 70 – 85 30 – 37 23 – 28 6 – 8

Canola35 bu/acre Uptake(1) 100 – 123 46 – 57 73 – 89 17 – 21

(1,960 kg/ha) Removal(2) 61 – 74 33 – 40 16 – 20 10 – 12

Flax24 bu/acre Uptake(1) 62 – 76 18 – 22 39 – 48 12 – 15

(1,492 kg/ha) Removal(2) 46 – 56 14 – 17 13 – 16 5 – 6

Spring Wheat40 bu/acre Uptake(1) 76 – 93 29 – 35 65 – 80 8 – 10

(2,690 kg/ha) Removal(2) 54 – 66 21 – 26 16 – 19 4 – 5



(1) Refers to seeded area.(2) Total crops includes total for major crops only.(e) Estimated.Source: Field Crop Reporting Series, Catalogue no. 22-002-X, Volume 91. No 6, Statistics Canada, September 2012.

CANSIM Table 001-0010, Statistics Canada, September 2012.

Planted Area and Production by Crop – Western Canada

Area(1)

(‘000 of acres)

2012(e) 2011 2010 2009 2008 2007 2006 2005 2004 2003

Winter Wheat 2,087 1,688 1,439 1,867 2,617 1,587 1,711 405 670 561

Spring Wheat 16,960 15,760 16,474 16,975 16,363 15,215 18,743 17,582 18,325 18,283

Durum Wheat 4,650 4,015 3,150 5,660 6,030 4,815 3,795 5,785 5,510 6,135

Oats 2,979 3,109 3,013 3,732 4,345 5,408 5,099 4,125 3,180 5,184

Barley 7,390 6,472 6,911 8,663 9,357 10,865 9,118 10,290 10,865 11,715

Rye 305 280 325 415 415 305 482 350 361 356

Flaxseed 1,005 695 925 1,710 1,560 1,305 1,988 2,080 1,799 1,841

Canola 21,338 18,982 17,608 16,525 16,160 14,726 12,422 13,485 13,054 11,626

Total Crops(2) 56,714 51,001 49,845 55,546 56,847 54,226 53,358 54,102 53,764 55,701

Summer Fallow 4,586 12,111 10,759 6,027 6,069 7,710 8,617 10,160 8,918 8,913

Production(‘000 of tonnes)

2012(e) 2011 2010 2009 2008 2007 2006 2005 2004 2003

Winter Wheat 3,694 3,058 2,657 2,996 4,687 2,499 3,403 469 939 751

Spring Wheat 18,641 18,031 17,485 18,452 18,405 13,873 20,052 18,407 18,087 16,075

Durum Wheat 4,398 4,172 3,025 5,400 5,519 3,681 3,821 5,915 4,962 4,280

Oats 2,939 2,997 2,480 2,906 4,273 4,696 3,602 3,028 3,271 3,255

Barley 8,591 7,756 7,605 9,517 11,781 10,984 10,005 11,664 12,300 11,396

Rye 282 210 232 281 316 233 302 302 340 263

Flaxseed 518 368 423 930 861 634 1,041 1,082 517 754

Canola 13,359 14,493 12,773 12,889 12,643 8,751 9,105 9,609 7,651 6,604

Total Crops(2) 52,423 51,086 46,680 53,371 58,485 45,351 51,331 50,476 48,067 43,378



(e) Estimated.(p) Projected.Source: USDA FAS PSD Database.

USDA Foreign Agricultural Service, Circular Series WAP 10-12, October 2012.

Soybean2012/13(p) 19 70 2 79 55 00

2011/12(e) 17 50 2 34 41 00

2010/11 18 30 2 68 49 00

2009/10 18 60 2 93 54 50

2008/09 16 00 2 00 32 00

2007/08 16 37 2 82 46 20

2006/07 16 30 2 99 48 80

2005/06 15 20 2 66 40 50

2004/05 14 40 2 70 39 00

2003/04 14 00 2 36 33 00

Crop Production – Argentina

Area Harvested (millions ha)

Yield(tonnes/ha)

Production(millions tonnes)

Corn2012/13(p) 3 80 7 37 28 00

2011/12(e) 3 60 5 83 21 00

2010/11 3 75 6 72 25 20

2009/10 3 00 8 33 25 00

2008/09 2 50 6 20 15 50

2007/08 3 41 6 45 22 02

2006/07 2 80 8 04 22 50

2005/06 2 44 6 48 15 80

2004/05 2 78 7 36 20 48

2003/04 2 34 6 39 14 95




Crop Production – Argentina


Yield(tonnes/ha)


Wheat2012/13(p) 3 80 3 03 11 50

2011/12(e) 5 17 3 00 15 50

2010/11 4 85 3 55 17 20

2009/10 4 00 3 00 12 00

2008/09 5 25 2 10 11 00

2007/08 6 58 2 83 18 60

2006/07 6 21 2 62 16 30

2005/06 5 47 2 52 13 80

2004/05 6 43 2 63 16 90

2003/04 5 96 2 53 15 10






Crop Production – Brazil


Yield(tonnes/ha)


Corn2012/13(p) 16 00 4 38 70 00

2011/12(e) 15 16 4 80 72 73

2010/11 13 80 4 16 57 40

2009/10 12 93 4 34 56 10

2008/09 14 10 3 62 51 00

2007/08 14 70 3 99 58 60

2006/07 14 00 3 64 51 00

2005/06 12 90 3 23 41 70

2004/05 11 56 3 03 35 00

2003/04 12 44 3 38 42 00

Soybean2012/13(p) 27 50 2 95 81 00

2011/12(e) 25 00 2 66 66 50

2010/11 24 20 3 12 75 50

2009/10 23 50 2 94 69 00

2008/09 21 70 2 66 57 80

2007/08 21 30 2 86 61 00

2006/07 20 70 2 85 59 00

2005/06 22 23 2 56 57 00

2004/05 22 92 2 31 53 00

2003/04 21 52 2 37 51 00



(1) Europe includes EU-27, FSU - 12, and Other Europe. EU-27: Austria, Belgium, Bulgaria, Czech Republic, Cyprus, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxemburg, Malta, Netherlands, Poland, Portugal, Romania, Slovenia, Spain, Sweden, United Kingdom. Former Soviet Union - 12: Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Ukraine, Union of Soviet Socialist Republics, Uzbekistan. Other Europe: Albania, Azores, Bosnia and Herzegovina, Croatia, Former Yugoslavia, Gibraltar, Iceland, Kosovo, Macedonia, Montenegro, Norway, Serbia, Switzerland.



Crop Production – Europe and Former Soviet Union(1)


Yield(tonnes/ha)


Barley2012/13(p) 26 94 3 02 81 24

2011/12(e) 26 66 3 18 84 90

2010/11 25 16 3 04 76 50

2009/10 30 29 3 29 99 53

2008/09 31 98 3 40 108 70

2007/08 29 89 2 88 86 22

2006/07 32 18 2 87 92 22

2005/06 30 10 2 85 85 81

2004/05 31 20 3 17 98 85

2003/04 31 63 2 74 86 82

Canola2012/13(p) 8 13 2 65 21 58

2011/12(e) 8 80 2 53 22 23

2010/11 9 10 2 58 23 44

2009/10 8 63 2 88 24 87

2008/09 8 65 2 69 23 28

2007/08 8 27 2 47 20 45

2006/07 6 49 2 69 17 46

2005/06 5 45 3 00 16 36

2004/05 5 07 3 17 16 07

2003/04 4 55 2 54 11 55







Yield(tonnes/ha)


Corn2012/13(p) 18 34 5 14 94 27

2011/12(e) 16 72 6 49 108 45

2010/11 14 43 5 86 84 52

2009/10 14 20 5 94 84 31

2008/09 15 92 5 91 94 01

2007/08 14 54 4 71 68 54

2006/07 13 89 5 48 76 07

2005/06 14 56 5 81 84 61

2004/05 15 86 5 83 92 49

2003/04 14 76 4 54 66 97

Sunflower Seed2012/13(p) 17 41 1 34 23 27

2011/12(e) 18 66 1 54 28 70

2010/11 15 88 1 38 21 88

2009/10 15 57 1 42 22 06

2008/09 15 17 1 49 22 59

2007/08 12 47 1 23 15 34

2006/07 15 06 1 33 20 07

2005/06 13 74 1 34 18 41

2004/05 12 70 1 21 15 42

2003/04 13 86 1 18 16 42





Yield(tonnes/ha)


Wheat2012/13(p) 71 82 2 97 213 54

2011/12(e) 76 62 3 34 256 15

2010/11 73 79 2 99 220 78

2009/10 80 07 3 22 257 51

2008/09 78 94 3 44 271 32

2007/08 72 42 3 00 216 90

2006/07 70 84 3 02 213 89

2005/06 75 36 3 01 227 20

2004/05 72 36 3 29 237 89

2003/04 63 80 2 74 174 64







Crop Production – Asia(1)


Yield(tonnes/ha)


Corn2012/13(p) 54 42 4 72 256 65

2011/12(e) 53 46 4 68 250 37

2010/11 52 24 4 45 232 37

2009/10 50 66 4 19 212 38

2008/09 49 47 4 44 219 85

2007/08 49 11 4 17 204 76

2006/07 47 27 4 18 197 74

2005/06 44 80 4 09 183 14

2004/05 43 94 3 93 172 65

2003/04 42 26 3 69 155 77

Rice 2012/13(p) 140 43 2 98 417 82

2011/12(e) 141 04 2 97 419 33

2010/11 138 95 2 88 400 60

2009/10 138 10 2 86 395 05

2008/09 140 45 2 88 404 10

2007/08 137 93 2 84 391 18

2006/07 137 30 2 76 378 60

2005/06 136 32 2 76 375 89

2004/05 133 79 2 69 359 32

2003/04 132 05 2 67 352 08

(1) Asia includes East Asia, South Asia, Southeast Asia. East Asia: China, Hong Kong, Japan, North Korea, South Korea, Macau, Mongolia, Ryukyu Is - Nansei Is, Taiwan. South Asia: Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, Southern Asia NEC, Sri Lanka Southeast Asia, Brunei, Burma, Cambodia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand, Vietnam.





Crop Production – Asia(1)


Yield(tonnes/ha)


Cotton2012/13(p) 20 14 3 36 67 56

2011/12(e) 21 33 3 36 71 75

2010/11 19 52 3 38 66 07

2009/10 19 04 3 44 65 56

2008/09 18 78 3 64 68 34

2007/08 19 07 3 67 70 08

2006/07 18 83 3 58 67 45

2005/06 17 78 3 26 57 89

2004/05 18 35 3 33 61 02

2003/04 16 37 2 82 46 21

Wheat2012/13(p) 67 01 3 63 243 32

2011/12(e) 66 41 3 55 235 67

2010/11 65 80 3 45 227 33

2009/10 65 44 3 48 227 82

2008/09 64 14 3 40 217 87

2007/08 64 15 3 36 215 80

2006/07 62 27 3 30 205 71

2005/06 61 73 3 16 194 81

2004/05 60 04 3 16 189 67

2003/04 59 06 3 03 178 95

(1) Asia includes East Asia, South Asia, Southeast Asia. East Asia: China, Hong Kong, Japan, North Korea, South Korea, Macau, Mongolia, Ryukyu Is - Nansei Is, Taiwan. South Asia: Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, Southern Asia NEC, Sri Lanka Southeast Asia, Brunei, Burma, Cambodia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand, Vietnam.





(e) Estimated.(p) Projected.Source: USDA FAS PSD Database. USDA Foreign Agricultural Service, Circular Series WAP 10-12, October.

Crop Production – Australia and New Zealand


Yield(tonnes/ha)


Barley2012/13(p) 3 93 1 89 7 40

2011/12(e) 4 09 2 19 8 97

2010/11 3 73 2 25 8 40

2009/10 4 47 1 85 8 27

2008/09 5 07 1 66 8 40

2007/08 4 95 1 53 7 56

2006/07 4 23 1 10 4 66

2005/06 4 46 2 22 9 88

2004/05 4 70 1 73 8 12

2003/04 4 54 2 37 10 77

Canola 2012/13(p) 2 21 1 25 2 76

2011/12(e) 1 73 1 63 2 82

2010/11 2 08 1 14 2 36

2009/10 1 71 1 12 1 92

2008/09 1 69 1 09 1 84

2007/08 1 28 0 95 1 21

2006/07 1 05 0 54 0 57

2005/06 0 97 1 46 1 42

2004/05 1 38 1 12 1 54

2003/04 1 21 1 41 1 70




Yield(tonnes/ha)


Oats2012/13(p) 0 84 1 57 1 32

2011/12(e) 0 92 1 73 1 59

2010/11 0 85 1 42 1 20

2009/10 0 87 1 42 1 24

2008/09 0 89 1 39 1 24

2007/08 1 26 1 25 1 58

2006/07 1 02 0 80 0 82

2005/06 0 95 1 86 1 77

2004/05 0 91 1 49 1 36

2003/04 1 11 1 89 2 09

Sorghum2012/13(p) 0 70 3 86 2 70

2011/12(e) 0 63 3 71 2 34

2010/11 0 63 3 06 1 94

2009/10 0 50 3 03 1 51

2008/09 0 77 3 51 2 69

2007/08 0 94 4 02 3 79

2006/07 0 61 2 09 1 28

2005/06 0 77 2 52 1 93

2004/05 0 76 2 66 2 01

2003/04 0 73 2 74 2 01


(e) Estimated.(p) Projected.Source: USDA FAS PSD Database. USDA Foreign Agricultural Service, Circular Series WAP 10-12, October.



(e) Estimated.(p) Projected.Source: USDA FAS PSD Database. USDA Foreign Agricultural Service, Circular Series WAP 10-12, October 2012.



Yield(tonnes/ha)


Wheat 2012/13(p) 13 34 1 75 23 28

2011/12(e) 14 09 2 11 29 79

2010/11 13 54 2 05 27 69

2009/10 13 92 1 59 22 11

2008/09 13 57 1 60 21 70

2007/08 12 61 1 10 13 85

2006/07 11 83 0 94 11 10

2005/06 12 49 2 04 25 47

2004/05 13 44 1 65 22 16

2003/04 13 11 2 02 26 45

Cotton 2012/13(p) 0 48 8 95 4 25

2011/12(e) 0 58 9 48 5 50

2010/11 0 54 7 72 4 20

2009/10 0 20 8 88 1 78

2008/09 0 16 9 15 1 50

2007/08 0 07 9 85 0 64

2006/07 0 14 9 38 1 35

2005/06 0 34 8 33 2 80

2004/05 0 31 9 55 3 00

2003/04 0 20 8 67 1 70




USDA WASDE - 511, October 11, 2012.

Crop Supply and Use – Australia (millions of bushels and millions acres)

YearBegin

Stocks Area

HarvestedYield

(bu/ac) ProducedTotal

SupplyTotal

Dom. Use Imports ExportsEnd

Stocks

Barley2012/13(p) 0 78 3 88 1 81 7 00 7 78 3 30 – 3 80 0 68

2011/12(e) 1 00 4 04 2 12 8 57 9 58 3 60 – 5 20 0 78

2010/11 1 87 3 68 2 17 8 00 9 87 4 20 – 4 66 1 00

2009/10 2 42 4 42 1 78 7 87 10 29 4 50 – 3 92 1 87

2008/09 1 66 5 02 1 59 8 00 9 66 4 00 – 3 23 2 42

2007/08 0 99 4 90 1 46 7 16 8 15 3 10 – 3 39 1 66

2006/07 2 58 4 18 1 02 4 26 6 84 4 00 – 1 85 0 99

2005/06 1 87 4 41 2 15 9 48 11 35 3 50 – 5 27 2 58

2004/05 1 89 4 65 1 67 7 74 9 63 3 50 – 4 26 1 87

Wheat2012/13(p) 6 26 13 30 1 73 23 00 29 38 6 54 0 12 18 00 4 84

2011/12(e) 8 34 14 06 2 10 29 52 37 98 6 73 0 12 25 00 6 26

2010/11 5 59 13 50 2 03 27 41 33 12 6 13 0 12 18 66 8 34

2009/10 3 39 13 88 1 57 21 83 25 34 4 93 0 12 14 83 5 59

2008/09 3 85 13 53 1 58 21 42 25 39 7 25 0 12 14 75 3 39

2007/08 4 15 12 58 1 08 13 57 17 84 6 50 0 12 7 49 3 85

2006/07 9 37 11 80 0 92 10 82 20 28 7 40 0 09 8 73 4 15

2005/06 6 67 12 46 2 02 25 17 31 93 6 55 0 08 16 01 9 37

2004/05 5 41 13 40 1 63 21 91 27 39 6 00 0 08 14 72 6 67



Source: IFA Assessment of Fertilizer Use by Crop at the Global Level 2006/07-2007/08. ABARES Agricultural Commodity Statistics 2011, Dec 2011.

Fertilizer Application Rates – Australia

N P K Total

Wheat% total fertilizer use 31% 29% 13%

Quantity 000 metric nutrient tonnes 260 284 29 573

Area Harvested 000 ha 13,530 13,530 13,530

Application Rate kg/ha 19 21 2

Other Coarse Grains% total fertilizer use 24% 24% 6%


Area Harvested 000 ha 7,039 7,039 7,039


Sugar% total fertilizer use 8% 3% 20%


Area Harvested 000 ha 391 391 391


Cotton% total fertilizer use 8% 5% 24%


Area Harvested 000 ha 88 88 88




Crop Production – Africa(1)


Yield(tonnes/ha)


Wheat2012/13(p) 10 15 2 26 22 96

2011/12(e) 10 00 2 47 24 67

2010/11 9 56 2 22 21 23

2009/10 9 96 2 68 26 68

2008/09 9 60 2 13 20 46

2007/08 9 31 2 09 19 49

2006/07 10 00 2 43 24 34

2005/06 9 85 2 07 20 40

2004/05 10 20 2 15 21 96

Corn 2012/13(p) 32 19 1 98 63 63

2011/12(e) 32 59 1 91 62 29

2010/11 31 99 1 93 61 63

2009/10 31 79 1 90 60 46

2008/09 29 96 1 88 56 45

2007/08 28 11 1 89 53 07

2006/07 28 21 1 72 48 39

2005/06 26 87 1 66 44 66

2004/05 26 83 1 75 46 85

(1) Africa includes North Africa and Sub-Saharan Africa. North Africa: Algeria, Egypt, Libya, Morocco, Tunisia. Sub-Saharan Africa: Angola, Benin, Botswana, British Ind. Ocean Territory, Burkina, Burundi, Cameroon, Canary Islands, Cape Verde, Central African Republic, Chad, Comoros, Congo (Brazzaville), Congo (Kinshasa), Cote d’Ivore, Djibouti, Equatorial Guinea, Eritrea, Ethiopia, Fr.Ter.Africa-Issas, French Ind. Ocean Territory, Gabon, The Gambia, Ghana, Guinea, Guinea-Bissau, Kenya, Lesotho, Liberia, Madagascar, Madeira Islands, Malawi, Mali, Mauritania, Mauritius, Mozambique, Namibia, Niger, Nigeria, Reunion, Rwanda, Sao Tome and Principe, Senegal, Seychelles, Sierra Leone, Somalia, South Africa, South Sudan, St. Helena, Sudan, Swaziland, Tanzania, Togo, Uganda, Western Sahara, Zambia, Zimbabwe.



Crop Production – Africa(1)


Yield(tonnes/ha)


Millet2012/13(p) 21 13 0 86 18 16

2011/12(e) 21 15 0 80 16 89

2010/11 21 10 0 92 19 34

2009/10 21 15 0 80 17 01

2008/09 20 97 0 87 18 28

2007/08 20 76 0 81 16 84

2006/07 20 96 0 85 17 89

2005/06 20 76 0 81 16 87

2004/05 19 16 0 73 13 95

Sorghum2012/13(p) 23 89 1 04 24 79

2011/12(e) 23 72 0 94 22 23

2010/11 23 26 1 09 25 46

2009/10 22 85 0 89 20 37

2008/09 24 96 1 09 27 32

2007/08 25 32 1 04 26 27

2006/07 25 12 1 07 26 87

2005/06 24 72 1 03 25 52

2004/05 21 46 1 03 22 12

(1) Africa includes North Africa and Sub-Saharan Africa. North Africa: Algeria, Egypt, Libya, Morocco, Tunisia. Sub-Saharan Africa: Angola, Benin, Botswana, British Ind. Ocean Territory, Burkina, Burundi, Cameroon, Canary Islands, Cape Verde, Central African Republic, Chad, Comoros, Congo (Brazzaville), Congo (Kinshasa), Cote d’Ivore, Djibouti, Equatorial Guinea, Eritrea, Ethiopia, Fr.Ter.Africa-Issas, French Ind. Ocean Territory, Gabon, The Gambia, Ghana, Guinea, Guinea-Bissau, Kenya, Lesotho, Liberia, Madagascar, Madeira Islands, Malawi, Mali, Mauritania, Mauritius, Mozambique, Namibia, Niger, Nigeria, Reunion, Rwanda, Sao Tome and Principe, Senegal, Seychelles, Sierra Leone, Somalia, South Africa, South Sudan, St. Helena, Sudan, Swaziland, Tanzania, Togo, Uganda, Western Sahara, Zambia, Zimbabwe.




(1) Middle East: Bahrain, Gaza Strip, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, Turkey, United Arab Emirates, West Bank, Yemen. (2) Data for Olives is from FAOSTAT Website, Crops Production, updated November 2012.(e) Estimated.(p) Projected.Source: USDA FAS PSD Database.

USDA Foreign Agricultural Service, Circular Series WAP 10-12, October 2012. FAOSTAT Website, Crops Production, updated November 2012.

Crop Production – Middle East(1)


Yield(tonnes/ha)


Barley2012/13(p) 6 91 1 49 10 28

2011/12(e) 7 00 1 67 11 67

2010/11 7 27 1 53 11 10

2009/10 6 66 1 70 11 32

2008/09 5 40 1 48 8 00

2007/08 7 79 1 42 11 03

2006/07 7 66 1 63 12 48

2005/06 8 07 1 53 12 34

2004/05 7 58 1 57 11 93

Corn 2012/13(p) 0 96 6 65 6 39

2011/12(e) 0 91 6 58 5 97

2010/11 0 97 6 25 6 04

2009/10 0 95 6 63 6 31

2008/09 1 03 6 55 6 75

2007/08 1 04 5 83 6 06

2006/07 0 99 5 77 5 73

2005/06 1 12 5 76 6 44

2004/05 1 12 5 07 5 66



(1) Middle East: Bahrain, Gaza Strip, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, Turkey, United Arab Emirates, West Bank, Yemen. (2) Data for Olives is from FAOSTAT Website, Crops Production, updated November 2012.(e) Estimated.(p) Projected.Source: USDA FAS PSD Database.

USDA Foreign Agricultural Service, Circular Series WAP 10-12, October 2012. FAOSTAT Website, Crops Production, updated November 2012.

Crop Production – Middle East(1)


Yield(tonnes/ha)


Olives(2)

2012/13(p) n/a n/a n/a

2011/12(e) n/a n/a n/a

2010/11 1 66 1 67 2 77

2009/10 1 53 1 62 2 48

2008/09 1 49 1 72 2 57

2007/08 1 46 1 27 1 85

2006/07 1 38 2 45 3 38

2005/06 1 36 1 54 2 10

2004/05 1 33 2 30 3 06

Wheat2012/13(p) 18 11 2 05 37 04

2011/12(e) 18 16 2 22 40 27

2010/11 18 81 2 14 40 24

2009/10 17 61 2 21 38 94

2008/09 16 00 1 89 30 30

2007/08 19 13 2 14 40 91

2006/07 19 07 2 21 42 13

2005/06 20 07 2 15 43 15

2004/05 19 55 2 20 42 94



FertilizerStatistics


Source: IFA Short-Term Prospects for World Agriculture and Fertilizer Demand 2010/11 - 2012/13. IFA Fertilizer Consumption 2011/12 - 2016/17 Country Reports.

(1) See Constants and Conversions for IFA Regional Classifications.Source: IFA Medium-Term Ooutlook for World Agriculture and Fertilizer Demand 2011/2012 - 2016/2017.

fertilizer statistics

Fertilizer Consumption by Country

Consumption Estimated 2011/12 – Top Ten (‘000 metric nutrient tonnes per year)

Rank N P K Total NPK

1 China 34,082 China 11,500 China 5,200 China 50,782

2 India 17,398 India 8,336 United States 4,436 India 29,358

3 United States 11,884 United States 4,001 Brazil 4,431 United States 20,321

4 Brazil 3,366 Brazil 3,859 India 3,624 Brazil 11,656

5 Pakistan 3,129 Australia 873 France 546 Indonesia 4,059

6 Indonesia 3,123 Canada 733 Poland 478 Pakistan 3,772

7 Canada 2,160 Argentina 700 Bangladesh 468 Canada 3,222

8 France 2,087 Bangladesh 689 Thailand 457 France 3,050

9 Germany 1,721 Pakistan 621 Syria 433 Bangladesh 2,665

10 Russia 1,600 Indonesia 580 Germany 400 Russia 2,517

Top 10 80,550 31,892 20,473 131,401

World 107,699 41,075 29,396 178,171

Fertilizer Consumption by Region

Forecast Consumption 2012 (‘000 metric nutrient tonnes)

Region(1) N P K Total NPK% share of world

consumption NPK

Western Europe 8,131 1,776 2,217 12,123 7%

Central Europe 2,769 711 721 4,200 2%

Eastern Europe & Central Asia 4,135 1,219 1,324 6,678 4%

North America 13,967 4,712 4,742 23,422 13%

Latin and the Caribbean 7,428 5,777 5,754 18,959 11%

Africa 3,299 1,095 510 4,904 3%

West Asia 3,094 1,214 258 4,566 3%

South Asia 22,263 9,530 3,189 34,982 19%

East Asia 42,864 14,647 9,429 66,940 37%

Oceania 1,520 1,257 306 3,083 2%

World 109,469 41,938 28,449 179,856



(1) See Constants and Conversions for IFA Regional Classifications.Source: IFA Global Fertilizers and Raw Materials Supply and Supply/Demand Balances 2012 - 2016.

Source: IFA World Potash Capacities 2012, August 2012. IFA World Processed Phosphates Capacities 2012, August 2012. IFA World Ammonia Capacities 2012, June 2012.

Global Fertilizer Capacity by Country

Countries Estimated 2011/2012 – Top Ten (‘000 metric nutrient tonnes per year)

Rank N P K Total NPK

1 China 58,159 China 18,081 Canada 15,690 China 79,975

2 Russia 12,479 United States 9,336 Russia 7,430 United States 19,896

3 India 12,045 Morocco 4,890 Belarus 6,240 Russia 23,413

4 United States 9,025 Russia 3,504 Germany 4,250 Canada 20,405

5 Indonesia 5,221 India 2,089 China 3,735 India 14,134

6 Trinidad & Tobago 4,925 Tunisia 1,653 Israel 2,460 Belarus 7,266

7 Ukraine 4,456 Brazil 1,575 United States 1,535 Germany 7,087

8 Canada 4,370 Saudi Arabia 1,440 Jordan 1,500 Indonesia 5,421

9 Egypt 3,613 Mexico 958 Chile 1,250 Trinidad & Tobago 4,925

10 Pakistan 3,598 South Africa 750 Spain 715 Ukraine 4,908

Top 10 117,891 44,276 44,805 187,430

World 168,579 53,238 46,222 268,039

Fertilizer Production by Region

Capacity Estimated 2012 (‘000 metric nutrient tonnes per year)

Region(1) N P K NPK% share of world

capacity NPK

Western Europe 10,028 565 5,590 16,183 6%

Central Europe 6,348 1,022 - 7,370 3%

Eastern Europe and Central Asia 21,652 5,036 13,790 40,478 15%

North America 13,805 9,581 17,225 40,611 15%

Latin America 9,973 2,800 1,760 14,533 5%

Africa 7,069 8,088 - 15,157 6%

West Asia 13,935 3,818 3,960 21,713 8%

South Asia 17,215 2,170 - 19,385 7%

East Asia 67,146 19,657 3,875 90,678 34%

Oceania 1,818 600 - 2,418 1%

World 168,989 53,337 46,200 268,526 100%


(1) Data for Bangladesh includes Kafco only. Source: IFA Urea Statistics 2011 Annual, October 2012.


Global Nutrient Trade Data: Imports and Exports (‘000 metric nutrient tonnes per year of nitrogen)

UreaTotal Exports

Rank Exporting Regions 2011 2010 2009 Primary Destination 2011

1 Russia 2,259 2,110 2,162 Brazil

2 China 1,852 3,232 1,554 India

3 Ukraine 1,642 1,198 1,356 India

4 Oman 1,540 1,574 1,243 India

5 Saudi Arabia 1,471 1,524 1,461 Thailand

6 Egypt 1,406 1,465 1,553 United States

7 Qatar 1,337 1,310 1,341 Australia

8 Iran 1,091 640 286 India

9 Canada 727 797 782 United States

10 Kuwait 433 438 316 United States

Total World 18,042 18,610 16,615

Total Imports

Rank Importing Regions 2011 2010 2009 Primary Source 2011

1 India 3,540 3,018 2,622 Oman

2 United States 2,403 2,992 2,285 Canada

3 Brazil 1,386 1,218 915 Russia

4 Thailand 1,047 1,073 1,190 Saudi Arabia

5 Australia 758 592 325 Qatar

6 Mexico 694 744 673 Russia

7 Pakistan 614 372 647 China

8 Turkey 526 726 665 Russia

9 Bangladesh(1) 472 719 475 Qatar

10 France 372 451 386 Egypt

Total Top 10 11,811 11,903 10,182

Total World 18,042 18,610 16,615


Source: IFA Ammonia Statistics 2011 Annual, October 2012.


Global Nutrient Trade Data: Imports and Exports (‘000 metric nutrient tonnes per year of nitrogen)

AmmoniaTotal Exports


1 Trinidad & Tobago 3,797 4,356 3,944 United States

2 Russia 2,738 2,558 2,834 Belgium

3 Saudi Arabia 1,334 866 829 Korea Republic

4 Ukraine 1,091 942 283 United States


6 Indonesia 856 1,032 1,047 Korea Republic

7 Iran 855 901 633 India

8 Egypt 657 619 377 United States

9 Algeria 536 553 505 Spain

10 Netherlands 347 428 344 Germany

Total World 15,948 16,041 14,404

Total Imports


1 United States 5,454 5,553 4,635 Trinidad & Tobago

2 India 1,600 1,607 1,589 Iran

3 Korea Republic 997 1,040 880 Saudi Arabia

4 Morocco 654 428 337 Russia

5 Belgium 654 542 497 Russia

6 Taiwan, China 574 616 568 Saudi Arabia

7 Turkey 570 661 605 Russia

8 France 566 664 516 Ukraine

9 Germany 336 419 404 Netherlands

10 Spain 308 301 307 Algeria

Total Top 10 11,713 11,830 10,337

Total World 15,948 16,041 14,404


Source: IFA Processed Phosphates Statistics 2011 Annual, October 2012.


Global Nutrient Trade Data: Imports and Exports (‘000 metric nutrient tonnes per year of phosphate)

MAP and DAPTotal Exports


1 United States 2,662 2,776 3,131 Brazil

2 China 2,246 2,265 1,182 India

3 Russia 1,712 1,656 1,391 Brazil

4 Morocco 1,518 1,298 838 Brazil

5 Lithuania 378 373 409 N/A

6 Jordan 336 364 303 N/A

7 Mexico 310 324 265 Australia

8 Australia 208 167 236 India

9 Saudi Arabia 199 14 - N/A

10 Tunisia 163 532 526 N/A

Total World 10,245 10,182 8,569

Total Imports


1 India 3,427 3,722 3,039 China

2 Brazil 1,448 1,076 601 Morocco

3 Argentina 430 403 243 Russia

4 Australia 360 386 291 United States


6 United States 337 262 39 Russia

7 Pakistan 253 333 419 China

8 Bangladesh 252 137 94 Morocco

9 Thailand 234 236 133 China

10 Vietnam 228 293 434 China

Total Top 10 7,320 7,084 5,540

Total World 10,245 10,182 8,569



Global Nutrient Trade Data: Imports and Exports (‘000 metric nutrient tonnes per year of potash)

PotashTotal Exports


1 Canada 10,045 9,677 3,629 United States

2 Russia 5,500 5,021 2,643 China

3 Belarus 4,680 4,137 1,788 China

4 Israel 2,734 2,812 1,369 China

5 Germany 2,502 2,443 1,585 Brazil

6 Jordan 1,217 1,149 544 India

7 Chile 557 627 330 Belgium

Total World 27,303 25,982 12,044

Total Imports


1 United States 4,590 5,001 1,752 Canada

2 Brazil 4,417 4,017 2,291 Belarus/Russia

3 China 4,248 3,192 682 Belarus/Russia

4 India 3,022 3,668 3,334 Belarus/Russia

5 Indonesia 1,942 1,340 535 Canada

6 Malaysia 1,313 1,171 370 Canada

7 Belgium 647 720 230 Belarus/Russia

8 Vietnam 564 428 189 Belarus/Russia

9 Thailand 486 334 93 Canada

10 France 434 518 208 Germany

Total Top 10 21,663 20,389 9,684

Total World 27,303 25,982 12,044

Source: IFA Potash Statistics 2011 Detailed Report, Annual Final Report,September 2012.


2012/20132002/2003

120,000

100,000

80,000

60,000

40,000

20,000

0

Nutrient Type

Thou

sand

s of

Met

ric N

utrie

nt T

onne

s

N P K

Growth in Global Nutrient Consumption

(e) Estimate.(f) Forecast.Source: IFA Medium-Term Outlook for World Agriculture and Fertilizer Demand 2011/2012 - 2016/2017.


Global Nutrient Consumption (‘000 metric nutrient tonnes per year. Does not include industrial use)

2012/2013(f)

2011 /2012(e)

2010 /2011

2009 /2010

2008 /2009

2007 /2008

2006 /2007

2005 /2006

2004 /2005

2003 /2004

2002 /2003

N 109,762 108,201 104,064 101,865 97,663 101,155 96,136 93,196 90,503 87,591 86,059

Growth 1.44% 3.98% 2.16% 4.30% -3.45% 5.22% 3.15% 2.98% 3.32% 1.78% 3.95%

P 42,222 41,036 40,468 37,484 33,712 38,449 38,946 36,713 37,505 35,035 33,734

Growth 2.89% 1.40% 7.96% 11.19% -12.32% -1.28% 6.08% -2.11% 7.05% 3.86% 1.17%

K 29,391 27,735 27,632 23,522 23,403 28,896 27,635 35,846 27,654 26,148 23,398

Growth 5.97% 0.37% 17.47% 0.51% -19.01% 4.56% -22.91% 29.62% 5.76% 11.75% 2.38%




2012 Global Nitrogenous Fertilizer Supply/Demand Balance (‘000 metric nutrient tonnes per year)

Region(1) Capacity Production Non Fertilizer Use

Fertilizer Demand

Total Demand

Western Europe 10,028 9,396 4,407 8,131 12,955

Central Europe 6,348 5,203 737 2,769 3,623

Eastern Europe & Central Asia

21,652 19,542 1,800 4,135 6,132

North America 13,805 12,896 4,042 13,967 18,609

Latin America 9,973 8,636 1,263 7,428 8,980

Africa 7,069 5,673 461 3,299 3,885

West Asia 13,935 12,999 577 3,094 3,793

South Asia 17,215 15,502 613 22,263 23,638

East Asia 67,146 49,244 9,626 42,864 53,215

Oceania 1,818 1,669 839 1,520 2,437

World 168,989 140,760 24,365 109,470 137,267

2012 Global Urea Supply/Demand Balance (‘000 metric nutrient tonnes per year)


Fertilizer Demand

Total Demand

Western Europe 6,592 6,263 4,074 4,419 8,493

Central Europe 4,948 3,861 839 1,926 2,765

Eastern Europe and Central Asia

16,350 14,800 1,139 2,966 4,105

North America 11,205 10,432 1,841 13,664 15,505

Latin America 7,355 6,487 809 10,173 10,981

Africa 7,932 7,317 187 4,303 4,490

West Asia 19,812 19,020 676 4,709 5,385

South Asia 32,543 30,019 461 41,139 41,600

East Asia 85,217 67,099 8,722 57,788 66,510

Oceania 490 552 257 2,247 2,503

World 192,444 165,850 19,005 143,334 162,337




2012 Global Phosphoric Acid Supply/Demand Balance (‘000 metric nutrient tonnes per year of phosphate)


Fertilizer Demand

Total Demand

Western Europe 565 467 501 1,563 2,105

Central Europe 1,022 425 63 583 659


5,036 3,446 260 829 1,111

North America 9,581 8,619 846 4,712 5,669

Latin America 2,800 1,754 749 4,911 5,773

Africa 8,088 6,758 431 964 1,423

West Asia 3,818 2,669 340 1,117 1,486

South Asia 2,170 1,550 100 8,482 8,753

East Asia 19,657 18,144 1,726 12,818 14,835

Oceania 600 480 - 716 731

World 53,337 44,312 5,016 36,695 42,545

2012 Global Potash Supply/Demand Balance (‘000 metric nutrient tonnes per year of potash)


Fertilizer Demand

Total Demand

Western Europe 5,590 4,303 381 2,217 2,676

Central Europe - - 26 721 769


13,790 12,380 41 1,324 1,406

North America 17,225 14,736 953 4,742 5,809

Latin America 1,760 1,601 52 5,754 5,922

Africa - - 67 510 588

West Asia 3,960 3,717 82 258 347

South Asia - - 15 3,189 3,300

East Asia 3,875 3,446 1,056 9,429 10,904

Oceania - - - 306 313

World 46,200 40,183 2,673 28,450 32,034


International Fertilizer Prices – Historical

US$/

tonn

e

Ammonia, Black Sea FOB

Urea Prill, Middle East FOB

DAP, Tampa FOB

Potash, Vancouver FOB

1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012(Jan-Oct)

0

200

400

600

800

1000

1200

Source: Green Markets.



Fertilizer Consumption

(million tonnes of N+

P+K)

Popu

latio

n (b

illio

ns)

China

India

Developing Countries (excl. China and India)

Developed Countries/Regions

Global Fertilizer Consumption

0

50

100

150

200

250

0.00

1.00

2.00

3.00

4.00

5.00

6.00

7.00

8.00

1960 1970 1980 1990 2000 2010

Source: IFA Medium-Term Outlook for World Agriculture and Fertilizer Demand 2011/12 - 2016/17 and World Bank.

World Population vs. Global Fertilizer Consumption




(f) Forecast.Source: IFADATA.

IFA Fertilizer Consumption 2011/12 - 2016/17 Country Reports, June 2012. Note: Data on a fertilizer a year basis.

Total Consumption of Fertilizers – North America (‘000 metric nutrient tonnes per year)

Year N P2O5 K2O Total

United States2012(f) 11,748 3,960 4,391 20,099

2011(f) 11,884 4,001 4,436 20,321

2010(f) 11,726 3,946 4,377 20,049

2009 11,145 3,719 4,044 18,908

2008 10,398 2,845 2,803 16,046

2007 11,396 3,841 4,219 19,455

2006 11,966 4,148 4,657 20,771

2005 10,926 4,063 4,284 19,273

2004 11,191 4,207 4,693 20,091

2003 11,819 4,377 5,008 21,203

2002 10,970 3,892 4,491 19,353

2001 10,895 4,200 4,519 19,614

2000 10,467 3,862 4,469 18,798

1999 11,189 3,913 4,510 19,613

1998 11,296 3,859 4,494 19,650

1997 11,170 4,187 4,809 20,166

1996 11,206 4,184 4,921 20,311

1995 11,162 4,107 4,742 20,010

1994 10,632 4,007 4,627 19,266

1993 11,469 4,102 4,779 20,350

1992 10,335 4,024 4,663 19,023

1991 10,385 3,826 4,574 18,785

1990 10,239 3,811 4,537 18,587


(e) Estimate.(f) Forecast.Source: IFADATA.

IFA Fertilizer Consumption 2011/12 - 2016/17 Country Reports, June 2012.Note: Data on a fertilizer a year basis.


Total Consumption of Fertilizers – North America (‘000 metric nutrient tonnes per year)


Canada2012(f) 2,181 737 336 3,255

2011(e) 2,160 733 329 3,222

2010 1,990 723 312 3,025

2009 1,901 630 271 2,802

2008 1,817 575 178 2,570

2007 1,891 669 363 2,923

2006 1,758 635 394 2,787

2005 1,540 567 219 2,326

2004 1,540 610 332 2,481

2003 1,650 686 350 2,686

2002 1,644 656 336 2,636

2001 1,581 640 326 2,547

2000 1,592 634 317 2,543

1999 1,682 668 339 2,689

1998 1,626 667 357 2,649

1997 1,653 717 356 2,726

1996 1,670 704 322 2,696

1995 1,576 658 333 2,568

1994 1,448 629 310 2,387

1993 1,426 637 317 2,379

1992 1,317 616 328 2,261

1991 1,253 592 328 2,173

1990 1,158 578 338 2,074



(1) 2007/2008 to 2011/2012 data are derived from fertilizer shipments to Canadian agriculture markets reports. Data prior to 2007/2008 was collected by Canadian Fertilizer Institute. Different coverage and reporting methods of the data will affect the comparability of the data.

Source: Statistics Canada - Fertilizer Shipments Survey 2012.

Total Shipments of Fertilizers and Plant Nutrients – Canada(1) (‘000 metric nutrient tonnes per year)


Western Canada2011/2012 1,940 601 140 2,681

2010/2011 1,651 541 129 2,321

2009/2010 1,561 493 99 2,153

2008/2009 1,513 463 78 2,054

2007/2008 1,600 442 163 2,205

2006/2007 1,939 337 150 2,426

2005/2006 1,251 452 68 1,771

2004/2005 1,259 502 159 1,920

2003/2004 1,350 543 157 2,050

2002/2003 1,340 527 151 2,018

2001/2002 1,280 488 126 1,894

2000/2001 1,301 486 124 1,911

1999/2000 1,396 518 133 2,047

Eastern Canada2011/2012 372 198 157 727

2010/2011 348 189 190 727

2009/2010 340 137 171 648

2008/2009 344 114 108 566

2007/2008 315 60 191 566

2006/2007 477 118 256 851

2005/2006 289 113 137 539

2004/2005 134 108 173 415

2003/2004 310 133 192 635

2002/2003 303 129 184 616

2001/2002 276 142 198 616

2000/2001 276 146 192 614

1999/2000 286 149 206 641


Fertilizer Consumption – United States

Nitrogen Phosphate Potash

2010

2011

(f)20

12(f)

1966

1967

1964

1965

1962

1963

1961

1968

1969

1970

1971

1972

1973

1974

1975

1976

1977

1978

1979

1980

1981

1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

('000

met

ric to

nnes

)

0

5,000

10,000

15,000

20,000

25,000


2010

2011

(e)

2012

(f)

1966

1967

1964

1965

1962

1963

1961

1968

1969

1970

1971

1972

1973

1974

1975

1976

1977

1978

1979

1980

1981

1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

('000

met

ric to

nnes

)

0

500

1,000

1,500

2,000

2,500

3,000

3,500


2010

2011

(f)20

12(f)

1966

1967

1964

1965

1962

1963

1961

1968

1969

1970

1971

1972

1973

1974

1975

1976

1977

1978

1979

1980

1981

1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

('000

met

ric to

nnes

)

0

5,000

10,000

15,000

20,000

25,000


2010

2011

(e)

2012

(f)

1966

1967

1964

1965

1962

1963

1961

1968

1969

1970

1971

1972

1973

1974

1975

1976

1977

1978

1979

1980

1981

1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

('000

met

ric to

nnes

)

0

500

1,000

1,500

2,000

2,500

3,000

3,500

(e) Estimate.(f) Forecast.Source: IFADATA. IFA Fertilizer Consumption 2011/12 - 2016/17 Country Reports, June 2012.


Fertilizer Consumption – Canada



(p) Projected.Source: 2011 and 2012 data from Fertecon Urea Outlook 2012/02, Fertecon Potash Data File - August 2012, CRU Phosphate Fertilizer Market Outlook, July 2012.

2004 - 2010 data from IFADATA.

Fertilizer Consumption in Argentina, Brazil and Chile (‘000 metric nutrient tonnes per year)


Brazil2012(p) 3,380 4,749 4,500 12,629

2011(p) 3,366 4,589 4,431 12,386

2010 2,855 3,384 3,894 10,133

2009 2,554 3,342 3,149 9,045

2008 2,502 3,196 3,689 9,387

2007 2,751 3,659 4,175 10,585

2006 2,297 3,149 3,460 8,906

2005 2,305 2,889 3,526 8,720

Argentina2012(p) 875 694 50 1,619

2011(p) 860 666 47 1,573

2010 782 613 35 1,429

2009 586 461 31 1,079

2008 621 482 54 1,157

2007 941 686 64 1,691

2006 799 511 46 1,356

2005 636 476 46 1,158

Chile2012(p) 275 136 100 511

2011(p) 271 137 100 508

2010 268 131 94 492

2009 260 107 90 457

2008 256 107 89 452

2007 267 152 112 531

2006 254 143 95 492

2005 260 159 108 527



Fertilizer Consumption in Europe – Top Five Countries (‘000 metric nutrient tonnes per year. Includes West and Central Europe)


France2012(p) 2,300 452 500 3,252

2011(p) 2,275 444 467 3,186

2010 2,331 500 598 3,429

2009 2,069 406 416 2,891

2008 2,099 296 390 2,785

2007 2,403 631 794 3,828

2006 2,200 561 731 3,493

2005 2,204 599 735 3,539

Germany2012(p) 1,674 350 420 2,444

2011(p) 1,640 348 400 2,388

2010 1,786 286 434 2,506

2009 1,569 235 363 2,167

2008 1,551 174 179 1,904

2007 1,807 317 511 2,635

2006 1,599 265 443 2,306

2005 1,786 274 426 2,486

Poland2012(p) 1,160 449 420 2,029

2011(p) 1,135 438 450 2,023

2010 1,109 378 435 1,922

2009 1,113 362 414 1,889

2008 1,050 410 410 1,870

2007 1,142 462 537 2,141

2006 1,056 412 502 1,970

2005 996 422 425 1,843







Fertilizer Consumption in Europe – Top Five Countries (cont.) (‘000 metric nutrient tonnes per year. Includes West and Central Europe)


Spain2012(p) 905 450 325 1,680

2011(p) 900 467 280 1,647

2010 967 368 363 1,698

2009 813 324 274 1,411

2008 732 158 188 1,078

2007 977 526 432 1,935

2006 937 461 411 1,809

2005 951 465 387 1,803

Italy2012(p) 670 390 180 1,240

2011(p) 630 386 140 1,156

2010 572 184 136 892

2009 547 195 110 852

2008 609 194 149 952

2007 708 319 303 1,330

2006 701 381 298 1,380

2005 641 346 291 1,278





Fertilizer Consumption in Asia – Top Five Countries (‘000 metric nutrient tonnes per year)


China2012(p) 32,500 14,549 6,400 53,449

2011(p) 32,000 14,379 5,900 52,279

2010 32,600 11,970 5,200 49,770

2009 33,600 11,000 4,300 48,900

2008 33,237 10,500 4,685 48,422

2007 33,112 11,570 6,480 51,162

2006 31,810 11,958 5,600 49,368

2005 29,761 11,407 5,500 46,668

India2012(p) 17,200 6,286 2,500 25,986

2011(p) 16,900 7,417 2,800 27,117

2010 16,558 8,050 3,514 28,122

2009 15,582 7,278 3,632 26,493

2008 15,090 6,506 3,313 24,909

2007 14,419 5,520 2,637 22,576

2006 13,774 5,537 2,335 21,646

2005 12,723 5,227 2,413 20,364

Indonesia2012(p) 3,200 460 1,525 5,185

2011(p) 3,200 441 1,500 5,141

2010 3,045 500 1,250 4,795

2009 3,215 450 801 4,466

2008 2,737 421 953 4,111

2007 2,596 541 931 4,068

2006 2,350 483 802 3,635

2005 2,508 457 746 3,710





Fertilizer Consumption in Asia – Top Five Countries (cont.) (‘000 metric nutrient tonnes per year)


Pakistan2012(p) 3,144 915 18 4,077

2011(p) 3,055 896 22 3,973

2010 3,132 761 37 3,930

2009 3,476 860 24 4,361

2008 3,035 651 25 3,711

2007 2,925 630 27 3,582

2006 2,650 969 43 3,662

2005 2,927 981 28 3,936

Vietnam2012(p) 1,300 741 510 2,551

2011(p) 1,250 715 482 2,447

2010 1,250 650 400 2,300

2009 1,190 600 300 2,090

2008 965 613 378 1,956

2007 1,109 637 433 2,179

2006 1,124 600 408 2,132

2005 1,166 554 352 2,071


Fertilizer Consumption in Oceania (‘000 metric nutrient tonnes per year)


Australia2012(p) 1,126 815 182 2,123

2011(p) 1,099 789 180 2,068

2010 982 817 166 1,965

2009 849 641 158 1,648

2008 835 818 215 1,868

2007 849 982 227 2,058

2006 858 978 222 2,058

2005 952 1,041 222 2,215

New Zealand2012(p) 370 342 110 822

2011(p) 360 335 113 808

2010 373 338 106 817

2009 329 328 97 755

2008 295 292 103 690

2007 329 383 123 835

2006 303 405 134 842

2005 311 414 140 865





Fertilizer Consumption in Africa and the Middle East – Top Five Countries (‘000 metric nutrient tonnes per year)


Iran2012(p) 1,045 435 71 1,551

2011(p) 1,000 428 69 1,497

2010 1,000 349 70 1,419

2009 1,050 349 50 1,449

2008 1,151 386 99 1,636

2007 983 408 175 1,566

2006 1,100 505 200 1,805

2005 891 430 181 1,502

Egypt2012(p) 1,170 172 40 1,382

2011(p) 1,150 164 35 1,349

2010 1,159 150 51 1,360

2009 1,193 150 50 1,393

2008 1,139 180 55 1,375

2007 1,120 169 52 1,341

2006 1,239 240 49 1,528

2005 1,309 181 48 1,538

South Africa2012(p) 440 303 127 870

2011(p) 430 322 130 882

2010 395 172 107 674

2009 414 181 111 706

2008 424 185 115 724

2007 440 192 137 769

2006 429 204 153 786

2005 347 159 117 624





Fertilizer Consumption in Africa and the Middle East – Top Five Countries (cont.) (‘000 metric nutrient tonnes per year)


Morocco2012(p) 250 258 30 538

2011(p) 240 266 29 535

2010 210 114 47 371

2009 200 112 47 359

2008 195 111 46 352

2007 231 146 53 430

2006 231 140 53 424

2005 236 143 53 432

Syria2012(p) 280 132 21 433

2011(p) 137 133 18 288

2010 185 90 9 284

2009 190 90 8 288

2008 182 76 8 266

2007 214 100 8 322

2006 198 113 8 319

2005 273 136 8 417






Historical P & K Fertilizer – North America

Phosphate and Potash Fertilizer Prices

DAP PNW dIv DAP CFL fob KCL ACB fob

Nymex Price Urea Gran NOLA fob Urea Gran W. Canada dIv

Ammonia W. Canada dIv Ammonia ACB fob

Nitrogen Fertilizer Products

0

100

200

300

400

500

600

700

800

900

1,000

1,100

1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012(Jan-Oct)

US$/

met

ric to

nne

2.492.09 2.27

4.31 3.963.38

5.475.89

8.69

6.736.97

8.86

3.944.37 4.00

2.61

0.00

2.00

4.00

6.00

8.00

10.00

12.00

14.00

16.00

18.00

20.00

0

200

400

600

800

1000

1200

Natural Gas Price (US$ m

mBtu delivered)Am

mon

ia/U

rea P

rice

(US$

/met

ric to

nnes

)

1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012(Jan-Oct)

Note: • Fertilizerpricesareallspotweightedaveragesbeforeanydiscounts,yearaveragereferstocalendaryear. • ACBreferstotheU.S.cornbelt. • CFLreferstoCentralFlorida.Source: Green Markets.

Historical Nitrogen Fertilizer and Gas Prices – North America

Phosphate and Potash Fertilizer Prices

DAP PNW dIv DAP CFL fob KCL ACB fob

Nymex Price Urea Gran NOLA fob Urea Gran W. Canada dIv

Ammonia W. Canada dIv Ammonia ACB fob

Nitrogen Fertilizer Products

0

100

200

300

400

500

600

700

800

900

1,000

1,100

1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012(Jan-Oct)

US$/

met

ric to

nne

2.492.09 2.27

4.31 3.963.38

5.475.89

8.69

6.736.97

8.86

3.944.37 4.00

2.61

0.00

2.00

4.00

6.00

8.00

10.00

12.00

14.00

16.00

18.00

20.00

0

200

400

600

800

1000

1200

Natural Gas Price (US$ m

mBtu delivered)Am

mon

ia/U

rea P

rice

(US$

/met

ric to

nnes

)

1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012(Jan-Oct)

Note: • Fertilizerpricesareallspotweightedaveragesbeforeanydiscounts,yearaveragereferstocalendaryear. • NOLAreferstoaFOBprice(loadedonbarge)attheU.S.Gulfport,NewOrleans,Louisiana. • ACBreferstotheU.S.cornbelt. • GaspricesareHenryHubGulfCoastNaturalGasSpotPrices.Source: US Energy Information Administration, Short-term Energy outlook, Nov 2012.

Green Markets.


n One bushel of corn yields approximately 2 8 gallons of ethanol;n The key variables in determining ethanol plant profitability include ethanol and dried distillers

grains and soluble (DDGS) prices for revenue, corn and natural gas prices for costs;n As of November 2012, there were 211 ethanol plants operating in the United States,

another 4 are currently under construction or are undergoing an expansion 37%Feed Use

10%Exports

12%Food and Seed41%

Ethanol

2012/13(p)

37%Feed Use

12%Exports

11%Food and Seed40%

Ethanol

2011/12(e)

37%Feed Use

10%Exports

12%Food and Seed41%

Ethanol

2012/13(p)

37%Feed Use

12%Exports

11%Food and Seed40%

Ethanol

2011/12(e)

(e) Estimate.(p) Projected.Source: USDA WASDE - 511, October 11, 2012.

Renewable Fuels Association.

united states ethanol facts

2012 /2013(p)

2011 /2012(e)

2010 /2011

2009 /2010

2008 /2009

2007 /2008

2006 /2007

2005 /2006

2004 /2005

United States Ethanol Production(billion gallons)

14 1 13 9 13 2 10 6 9 0 6 5 4 9 3 9 3 4

Corn Use for Ethanol(billion bu)

4 5 5 0 5 0 4 6 3 7 3 0 2 1 1 6 1 3

United States Corn Use for Ethanol as a Percentage of Total Use

40 4% 39 9% 38 3% 34 9% 30 9% 23 8% 19 0% 14 3% 12 4%


Constants &Conversions


Nitrogen Fertilizer

Phosphate Fertilizer

fertilizer production process


Potassium Fertilizer

Underground Sourcesn Usually deep deposits - first step is to mine the ore and get it to the surfacen Manufacturing process (remove unwanted minerals) - clays, NaCl, MgCl2, de-sliming and froth flotationn Sizing and granulation - made into final product

Potassium Rock Sourcesn Sylvinite is composed of a mixture of KCl and NaCl crystals, 20-40% K2O (Saskatchewan mines)n Sylvite is extracted from Sylvinite and is composed of primarily KCl, 63% K2On Langebeinite is composed primarily of K2SO4 and MgSO4, 23% K2O

Common Potassium Fertilizersn Potassium Chloride (KCl) muriate of potash (MOP), 0-0-60 to 62 (accounts for 90% of potash sales in North America)n Potassium Sulphate (K2SO4) or sulfate of potash, 0-0-50-18Sn Sulphate of Potash-Magnesia (K2SO4 - 2MgSO4) or K-Mag, 0-0-22-22S-11 Mgn Potassium Nitrate (KNO3) 13-0-44 often used in foliar sprays

fertilizer production process


Ammonia (NH3)The production of 1 tonne of ammonia requires: n 32 - 38 mmBtu natural gas or n 0 9 tonnes naphtha or n 1 05 tonnes fuel oil or n 1 90 tonnes coal or n 8,000 - 12,000 kWh (electrolysis)

Nitric Acid (HNO3)The production of 1 tonne of 100% HNO3 requires: n 0 29 tonnes ammonia

Ammonium Nitrate (34% N)The production of 1 tonne of 34% N ammonium nitrate requires: n 0 436 tonnes of total ammonia n 0 21 tonnes ammonia n 0 78 tonnes of 100% HNO3 (0 226 tonne of ammonia)

UreaThe production of 1 tonne of urea requires: n 0 58 tonnes of ammonia n 0 76 tonnes of carbon dioxide

UANThe production of 1 tonne of UAN requires: n 28-0-0 Solution 0 386 tonnes of 34-0-0 0 310 tonnes of 46-0-0

n 32-0-0 Solution 0 443 tonnes of 34-0-0 0 354 tonnes of 46-0-0

Sulphuric Acid (H2SO4)The production of 1 tonne of 100% H2SO4 requires: n 0 76 tonnes pyrites (48% S) or n 0 33 tonnes sulphur

raw material requirements


Ammonium SulphateThe production of 1 tonne of ammonium sulphate requires: n 0 26 tonnes ammonia n 0 75 tonnes sulphuric acid

Phosphoric Acid (H3PO4) (Wet Process)The production of 1 tonne of 100% P2O5 as H3PO4 requires: n 3 6 tonnes phosphate rock 63% BPL(1)

n 2 8 tonnes 100% H2SO4 or n 2 3 tonnes 100% HCI

Phosphoric Acid (Thermal Process)The production of 1 tonne of 100% P2O5 requires: n 3 9 tonnes of phosphate rock 63% BPL(1)

n 1 3 tonnes of silica n 0 60 tonnes of coke n 13,000 - 15,000 kWh electricity

SuperphosphateThe production of 1 tonne of 20% P2O5 single superphosphate requires: n 0 71 tonnes of phosphate rock 63% BPL(1)

n 0 37 tonnes of 100% H2SO4

Triple SuperphosphateThe production of 1 tonne of 46% P2O5 triple superphosphate requires: n 0 43 tonnes of phosphate rock 63% BPL(1)

n 0 85 tonnes of 40% P2O5 phosphoric acid (0 34 tonne P2O5)

Monoammonium PhosphateThe production of 1 tonne of monoammonium phosphate (11-52-0) requires: n 0 145 tonnes of ammonia n 1 91 tonnes of phosphate rock at 63% BPL(1)

n 0 475 tonnes of sulphur n 1 35 tonnes of 40% P2O5 phosphoric acid (0 54 tonne P2O5)

Diammonium PhosphateThe production of 1 tonne of diammonium phosphate (18-46-0) requires: n 0 219 tonnes of ammonia n 1 72 tonnes of phosphate rock at 63% BPL(1)

n 0 427 tonnes of sulphur n 1 175 tonnes of phosphoric acid (0 470 tonne P2O5)

(1) 63% BPL = 29% P2O5.

raw material requirements


Sulphur Minerals %SIron pyrites FeS2 40-53Pyrrhotite Fe6S7 40Gypsum CaSO4

2H2O 19Anhydrite CaSO4 24

Potash Minerals/Ores %K2OSylvite KCl 63Sylvinite KCl NaCl 35Carnallite KCl MgCl2

6H20 17Kainite KCl MgSO4

3H2O 19Langbeinite K2SO4

2MgSO4 23Polyhalite K2S4 MgSO4

2CaSO4 H2O 16

Alunite K2SO4 Al2(SO4)34Al(OH)3 11

Phosphate Rock %P2O5Tricalcium phosphate Ca3(PO4)2 46Fluorapatite Ca10(PO4)6F2 42Carbonate apatite Ca10(PO4)6CO3 41Hydroxyapatite Ca10(PO4)6(OH)2 42

fertilizer minerals


% N % P2O5 % K2O Ammonia, anhydrous 82 0 0 Ammonia, aqua 20 5-28 0 0 Ammonium chloride 25-26 0 0 Ammonium nitrate 34 5 0 0 Ammonium phosphate sulphate 16 20 0 Ammonium sulphate 21 0 0 Ammonium polyphosphate solution 10 34 0 Monoammonium phosphate 11 52 0 12 51 0 Diammonium phosphate 18 46 0 Nitric acid (100%) 22 2 0 0 Nitric acid (60%) 13 0 0 Sodium nitrate 16 0 0 Urea 46 0 0 Urea ammonium nitrate solutions 28-32 0 0 Urea ammonium phosphate 34 17 0 33 20 0 29 29 0 Calcium ammonium nitrate 20 5-28 0 0 Calcium nitrate 11 9-15 5 0 0 Dicalcium phosphate – anhydrous 0 52 2 0 Dicalcium phosphate – dihydrate 0 41 3 0 Single superphosphate 0 16-22 0 Triple superphosphate 0 44-48 0 Deflourinated phosphate 0 37 0 Fused magnesium phosphate 0 19-20 0 Phosphoric acid 100% 0 74 2 0 Phosphoric acid merchant grade 0 54 0 Superphosphoric acid 0 70 0 Muriate of potash 0 0 60 Potassium sulphate 0 0 50-54 Potassium nitrate 13 0 44 Potassium magnesium sulphate 0 0 21 9

product analysis


1 Acre = 0 4048 Hectares1 Acre = 4 048 x 10-3 Sq kilometers1 Acre = 43,560 Sq feet1 Atmosphere = 14 696 Pounds/sq inch1 Atmosphere = 1 033 Kilograms/sq centimeter1 Barrel (oil) = 42 Gallons, US1 Cubic foot = 2 8317 x 10-2 Cubic meter1 Cubic foot = 6 2291 Gallons, Imperial1 Cubic foot = 7 4805 Gallons, US1 Cubic foot = 28 3170 Liters1 Cubic foot = 0 025 Tons, US Shipping1 Cubic meter = 1 308 Cubic yards1 Cubic meter = 220 Gallons, Imperial1 Cubic meter = 265 Gallons, US1 Cubic meter = 6 289 Barrels (oil)1 Cubic meter = 3 5830 x 10

11 mmBtu1 Degree Fahrenheit = (°F – 32) x 0 556 Degree Centigrade1 Degree Centigrade = (°C x 1 8) + 32 Degree Fahrenheit1 Dollar/metric ton = 0 90719 Dollars/short ton1 Dollar/short ton = 1 1023 Dollars/metric ton1 Gallon, Imperial = 1 201 Gallons, US1 Gallon, Imperial = 4 5461 Liters1 Gallon, US = 3 7853 Liters1 Grain/gallon = 17 12 Parts/million1 Grain = 2 205 x 10-3 Pounds1 Sq foot = 9 29 x 10-6 Hectares1 Sq meter = 10 764 Sq feet1 Sq meter = 1 196 Sq yards1 Sq mile = 259 00 Hectares1 Sq mile = 2 590 Sq kilometers1 Ton, long = 1016 05 Kilograms1 Ton, long = 2,240 Pounds1 Ton, long = 1 0161 Tonnes1 Ton, long = 1 120 Tons, short1 Ton, long/acre = 2 511 Tonnes/hectare1 Ton, long/sq ft = 1 0937 x 10-4 Kilograms/sq meter1 Ton, long/sq inch = 1 575 Kilograms/sq mm1 Ton, metric = 2,204 6 Pounds1 Ton, metric = 0 9842 L tons1 Ton, metric = 1 102 S tons1 Ton, metric/hectare = 0 3982 L tons/acre1 Ton, metric/hectare = 0 4460 S tons/acre1 Ton, short = 907 19 Kilograms1 Ton, short = 2,000 Pounds1 Ton, short/acre = 2 242 Tonnes/hectare1 Ton, Brit Shipping = 1 050 Tons, US Shipping1 Ton, US Shipping = 40 0 Cubic Feet1 Yard = 0 9144 Meters

general conversion factors


1 Btu = 0 252 kcal1 Btu = 2 931 x 10-4 KWh1 Btu/cu ft = 8 90 kcal/m3

1 Million Btu = 1 055 GJ 1 Million Btu = 0 9649 Mcf1 GJ = 0 9145 Mcf1 Million Btu/tonne = 0 90719 Million Btu/short ton1 Million Btu/short ton = 0 2777 Million kcal/tonne1 Million Btu/long ton = 0 248 Million kcal/tonne1 Calorie = 4 186 Joules1 Horsepower hr = 0 746 KWh1 Million kcal/tonne = 4 033 Million Btu/l ton1 Million kcal/tonne = 3 601 Million Btu/s ton1 KWh = 3 411 MBtu1 KWh = 859 6 kcal1 KWh = 1 34 Horsepower hrs1 KWh = 2 4 lb HP steam (42 atm)1 KWh = 3 0 lb HP steam (3 atm)1 kWh/tonne = 0 90719 kWh/short ton1 kWh/short ton = 1 1023 kWh/tonne 1 mcm = 36 59 mmBtu at heat of 1,036 4 Btu/cf

energy conversion factors


Calorific Values

Natural gas 900-1,100 Btu/ft3

LNG 49-53 mmBtu/tonneLPG 46 mmBtu/tonneNaphtha 44 mmBtu/tonneFuel oil 40 mmBtu/tonneCoal 20-30 mmBtu/tonneMethanol 21 mmBtu/tonneHydrogen 113 mmBtu/tonne

Nutrient Factors

To Convert To Multiply By P2O5 BPL 2 185BPL P2O7 0 4577KCl K2O 0 61K2O (K) KCl 1 6

Florida Rock: Polk County = 68-70% BPL Mardee County = 62-66% BPL

Kapuskasing Phosphate Rock = 80% BPLWestern U S States Phosphate Rock = 70% BPL

other constants and conversions factors


Crop Weight Conversions

1 tonne = 1 bu = Barley 44 092 bu (50 lb) 0 022680 tonne (Australia, New Zealand)

Barley 45 931 bu (48 lb) 0 021772 tonne (United States, Canada)

Canola/Rapeseed 44 092 bu (60 lb) 0 022680 tonne

Flaxseed 39 368 bu (56 lb) 0 025401 tonne (United States, Canada, Australia)

Corn (Maize) 39 368 bu (56 lb) 0 025401 tonne (United States, Canada, Australia, New Zealand)

Oats 55 116 bu (40 lb) 0 018144 tonne (Australia, New Zealand)

Oats 64 842 bu (34 lb) 0 015422 tonne (Canada)

Oats 68 894 bu (32 lb) 0 014515 tonne (United States)

Potatoes 36 744 bu (60 lb) 0 027216 tonne (United States, Canada)

Rice, paddy 52 490 bu (42 lb) 0 019501 tonne (Australia)

Rice, paddy 48 991 bu (45 lb) 0 020412 tonne (United States)

Rye 36 744 bu (60 lb) 0 027216 tonne (Australia)

Rye 39 368 bu (56 lb) 0 025401 tonne (United States, Canada, United Kingdom, New Zealand) Soya beans 36 744 bu (60 lb) 0 027216 tonne (United States)

Wheat 36 744 bu (60 lb) 0 027216 tonne (generally applicable)

other constants and conversions factors


Western and Central Europe

AlbaniaAustria*Belgium* and Luxembourg*Bosnia HerzegovinaBulgaria*CroatiaCzech Republic*Denmark*Finland*France*Germany*Greece*Hungary*


Ireland*Italy*Netherlands*NorwayPoland*Portugal*Romania*SerbiaSlovakia*Slovenia*Spain*Sweden*


SwitzerlandUnited Kingdom*Others

Eastern Europe

ArmeniaAzerbaijanBelarusEstonia*GeorgiaKazakhstanKyrgyzstan

Eastern Europe

Latvia*Lithuania*MoldovaRussian FederationTajikistanTurkmenistanUkraineUzbekistanOthers

North America

CanadaUnited States

Latin America and Caribbean

ArgentinaBrazilChileColombiaCosta RicaCubaDominican RepublicEcuadorEl SalvadorGuatemalaMexicoNicaraguaPeruTrinidad and TobagoUruguay

Latin America and Caribbean

VenezuelaOthers

Oceania

AustraliaNew ZealandPapua New GuineaOthers

Africa

AlgeriaCameroonCôte d’Ivoire

Africa

EgyptEthiopiaKenyaLibyaMauritiusMoroccoNigeriaSenegalSouth AfricaSudanTanzaniaTunisiaZambiaZimbabweOthers

West Asia

AfghanistanBahrainCyprus*IranIraqIsraelJordanLebanonOmanQatarSaudi ArabiaSyriaTurkeyUnited Arab EmiratesYemenOthers

South Asia

BangladeshIndiaNepalPakistanSri LankaOthers

East Asia

CambodiaChinaIndonesiaJapanKorea D P R Korea, Republic of

East Asia

LaosMalaysiaMongoliaMyanmarPhilippinesSingapore

East Asia

ThailandTaiwan/ChinaVietnamOthers

* States that are member of The European Union (EU) The designation employed and the presentation of material in this information product do not imply the expression of any opinion whatsoever on the part of the International

Fertilizer Industry Association (IFA) concerning the legal status of any country, territory, city or area or its authorities, or concerning the delimitation of its frontiers or boundaries.

ifa regional classification 2012


Designed 12/12Printed in Canada

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Documents

2012-2013 Agrium Fact Book