2014-2015 Agrium Fact Book
Transcription
2014-2015 Agrium Fact Book
riu ok Ag m t Bo c Fa 1 5 2 01 4 0 –2 table of contents 03 04 05 06 09 12 Agrium History and Overview 13 14 16 19 21 22 A Global Presence 23 24 25 26 27 28 Wholesale 32 33 33 35 36 41 43 44 46 47 49 Retail 50 51 52 53 54 55 56 57 59 60 63 65 67 68 71 72 74 Agricultural Statistics Profile Agrium History Production Facilities and Annual Production Capacities Agrium Going Global Agrium Through the Years North America Markets South America Markets Australia, Asia and Pacific Rim Markets European and Former Soviet Union Markets Africa and Middle Eastern Markets Agrium Wholesale: Leading Global Supplier Agrium Products Wholesale Owned Distribution Facilities North America Wholesale Production and Distribution Locations Industry Participants Production Locations Agrium Retail: Best in Class Retail Products North America Retail Locations Map Crop Production Services (CPS) Crop Production Services Canada (CPSC) South America Retail Locations Map South America Retail Locations (ASP) Landmark Retail Locations Map Landmark Retail Locations Industry Participants – United States Retail Global Total Grains Supply/Demand Crop Cycles: Growing Seasons for Key Global Regions Fertilizer Calendar Crops: Area, Production and Stocks – United States Corn Supply and Use – United States Planted Area and Production by Crop – Western Canada Crop Production – Argentina Crop Production – Brazil Crop Production – Europe and Former Soviet Union Crop Production – Asia Crop Production – China Crop Production – India Crop Production – Australia and New Zealand Crop Supply and Use – Australia Crop Production – Africa Crop Production – Middle East 76 77 77 78 78 79 83 83 84 86 87 88 90 91 91 92 93 95 97 98 100 101 102 103 104 105 106 107 107 108 109 111 113 114 115 116 117 119 Fertilizer Statistics Fertilizer Consumption by Region Fertilizer Consumption by Country Fertilizer Production by Region Global Fertilizer Capacity by Country Global Nutrient Trade Data: Imports and Exports Global Nutrient Consumption Growth in Global Nutrient Consumption Supply/Demand Balance International Fertilizer Prices – Historical World Population vs. Global Fertilizer Consumption Total Consumption of Fertilizers – North America Total Shipments of Fertilizers and Plant Nutrients – Canada Fertilizer Consumption – United States Fertilizer Consumption – Canada Fertilizer Consumption in Argentina, Brazil and Chile Fertilizer Consumption in Europe – Top Five Countries Fertilizer Consumption in Asia – Top Five Countries Fertilizer Consumption in Oceania Fertilizer Consumption in Africa and the Middle East – Top Five Countries Fertilizer Application Rates – United States Nutrient Uptake and Removal by Field Crops – United States Nutrient Uptake and Removal by Field Crops – Western Canada Fertilizer Application Rates – Australia Nutrient Application and Yield: Corn Historical Nitrogen Fertilizer and Gas Prices – North America Historical P & K Fertilizer North America United States Ethanol Facts United States Corn Use Constants and Conversions Fertilizer Production Processes Raw Material Requirements Fertilizer Minerals Product Analysis General Conversion Factors Energy Conversion Factors Other Constants and Conversions Factors IFA Regional Classification FACT BOOK 2015 Agrium 01 02 Agrium FACT BOOK 2015 AGRIUM HISTORY AND OVERVIEW FACT BOOK 2015 Agrium 03 profile ( all figures in US $, except where noted ) Agrium is a major distributor of crop inputs and services in North America, South America and Australia, and a leading global producer and marketer of agricultural nutrients. We produce and market the three primary nutrients: nitrogen, phosphate and potash, as well as ammonium sulphate, and controlled-release fertilizers. A key differentiator of Agrium is that we are the only publicly traded company that crosses the 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. Agrium has approximately 144 million shares outstanding and a market capitalization of approximately US$16.4 billion (as of February 24, 2015). Agrium employs approximately 15,500 people globally who are dedicated to achieving our vision of being the world’s leading provider of agricultural inputs and services. — Our Mission — Feed the world. — Our Vision — To be the world's leading provider of agricultural inputs and services. Agrium has two complimentary business units which operate across the agricultural input value chain: We operate a distribution network in Europe and have a 26 percent equity interest in MISR Fertilizer Production Company, S.A.E. (MOPCO) of Egypt. Our nitrogen facility expansion in Egypt, is on track for completion of two new production trains by the middle of 2015 which is expected to add 1.3 MM tonnes of production capacity. We operate the largest global direct-to-grower agricultural retail operation with product offerings in seed, crop protection, crop nutrient products, merchandise, and agronomic services. As of December 2014, Agrium had over 1,450 retail facilities globally. Our acquisition of a portion of Viterra’s Agri-products business in late 2013 added over 200 locations in Canada. We own a 50 percent stake in Profertil S.A., a Argentinebased manufacturer and wholesale distributor of nitrogen products while YPF S.A., a state-controlled oil and gas company in Argentina, owns the other half. Debottlenecking was competed in 2014 with commissioning and startup expected to be completed in Q1 2015. This will increase Agrium’s share of production by ~70,000 tonnes. We manufacture, market and distribute crop nutrients such as nitrogen, phosphates, and potash. We service our customers through a network of over 100 distribution warehouses, supplied by 15 wholly owned production facilities and 2 joint venture facilities strategically located worldwide We completed the tie-in of the brownfield expansion of our Vanscoy Potash Operations in Saskatchewan, Canada in 2014, and we will be ramping up production to the full one million incremental tonnes over the next two and a half years. The expansion of our Borger, Texas nitrogen facility is on-track to deliver 610,000 tonnes of additional annual urea production capacity by the end of 2015. Our strengths include a low cost in-market position, and the ability to leverage our extensive retail distribution. 04 Agrium FACT BOOK 2015 history 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 listed on the Toronto Stock Exchange in 1993 and traded on the New York Stock Exchange on October 4th, 1996. Agrium established its agricultural 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 sales in crop protection products (CPP). 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 October 2013, Agrium acquired the majority of Viterra’s Agri-products business, which increased our Canadian Retail presence by over 200 locations. In 1998, Agrium expanded into the Argentina market with a 50 percent ownership in Profertil S.A. with production in Bahía 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. 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 an existing 650,000 tonne urea facility. In late 2009, MOPCO secured financing for tripling the production of the existing nitrogen facility. In 2014, Agrium completed the tie-in of the brownfield expansion of the Vanscoy Potash Operations in Saskatchewan, Canada, and we will be ramping up production to the full one million incremental tonnes over the next two and a half years. The 610,000 tonne urea expansion of our Borger, Texas nitrogen facility is scheduled to be completed by the end of 2015. 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. FACT BOOK 2015 Agrium 05 production facilities and annual production capacities Production Capacity Post-Expansion Expected Capacity (product tonnes per year) (product tonnes per year) Nitrogen Based Fertilizers Nitrogen Based Fertilizers Argentina Argentina Bahía Blanca (Profertil S.A.) Ammonia (gross) Ammonia (net) Urea (1) 375,000 35,000 600,000 Bahía Blanca (Profertil S.A.) Ammonia (gross) Ammonia (net) Urea (1) Canada Redwater, Alberta Ammonia #1 Ammonia #2 Ammonia Total (gross) Ammonia Total (net) (2) Urea (2) Ammonium Nitrate Ammonium Sulphate Nitrogen Solutions Carseland, Alberta Ammonia (gross) Ammonia (net) Urea Joffre, Alberta Ammonia (net) Fort Saskatchewan, Alberta Ammonia (gross) Ammonia (net) Aqua Ammonia (net) Urea (3) Upgrade Facilities Carseland, Alberta ESN® Standard and Granum, Alberta Nitrogen Solutions 280,000 680,000 960,000 250,000 720,000 250,000 355,000 180,000 535,000 135,000 680,000 480,000 465,000 170,000 100,000 430,000 191,000 120,000 (1) (2) (3) Note: 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. Includes product used to produce nitrogen solutions. Upgrade Facilities use ammonia and urea from other sources. They do not purchase natural gas to produce their own ammonia and urea. Figures exclude idle capacity. 06 Agrium FACT BOOK 2015 401,200 19,300 670,000 production facilities and annual production capacities Production Capacity Post-Expansion Expected Capacity(4) (product tonnes per year) (product tonnes per year) Nitrogen Based Fertilizers Nitrogen Based Fertilizers Egypt Egypt Ammonia (1) Urea 104,000 170,000 (gross) United States Ammonia (1) Urea 316,000 510,000 (gross) United States Borger, Texas Ammonia (gross) Expanding in 2015 Ammonia (net) Urea Expanding in 2015 (2) Upgrade Facilities Kennewick, Washington Nitrogen Solutions West Sacramento, California Nitrogen Solutions North Bend, Ohio Nitric Acid, Nitrogen Solutions New Madrid, Missouri ESN® 490,000 443,000 80,000 Borger, Texas Ammonia (gross) Ammonia (net) Urea 660,000 262,000 690,000 430,000 204,000 170,000 263,000 Agrium’s Global Capacity (As of Dec 31, 2014) Agrium’s Global Capacity Post-Expansion (product tonnes per year) (product tonnes per year) Ammonia (gross) 3,409,000 Ammonia (net)(3) 1,519,000 Urea(3) 2,680,000 Ammonium Nitrate 250,000 Ammonium Sulphate 355,000 Solutions/Other/ESN®1,728,000 MAP 1,000,000 PotashPre-Expansion2,035,000 Ammonia (gross) 3,817,200 Ammonia (net)(3) 1,334,300 Urea(3) 3,700,000 Ammonium Nitrate 250,000 Ammonium Sulphate 355,000 Solutions/Other/ESN®1,728,000 MAP 1,000,000 PotashCapacity by 2017 (5)~3,000,000 (1) Based on 26 percent ownership position in MOPCO. (2) Upgrade Facilities use ammonia and urea from other sources. They do not purchase natural gas to produce their own ammonia and urea. (3) Includes net ammonia volumes from Egypt facility. (4) Egyptian expansion anticipated to be completed by Q3 2015 and Borger expansion expected to be completed by January 2016. (5) The tie-in of Agrium's potash expansion project is complete. Vanscoy's potash nameplate capacity is anticipated to ultimately increase by more than 1.0 million tonnes as ramp-up continues through to 2017 Note: Figures exclude idle capacity. FACT BOOK 2015 Agrium 07 production facilities and annual production capacities Production Capacity Production Capacity (product tonnes per year) (product tonnes per year) Phosphate Based Fertilizers Rainbow Plant Capacities(2) Canada United States Redwater, Alberta Mono-Ammonium Phosphate P2O5 Equivalent 660,000 345,000 Florence, Alabama Americus, Georgia Total Rainbow 137,000 159,000 296,000 United States Soda Springs (Conda), Idaho Mono-Ammonium Phosphate Phosphates P2O5 Equivalent Other Product Capacity(1) Rasmussen Ridge, Idaho Average Concentrated Rock is 31% P2O5 Ore Mined Annually Concentrated Rock Produced Annually Total Canada and United States (P2O5 ) 340,000 350,000 170,000 2,000,000 1,300,000 695,000 Potash Based Fertilizers Canada Vanscoy, Saskatchewan Potash KCl (MOP)–Q4 2014 2,035,000 Post-expansion(3) capacity to add ≥ 1 million tonnes. Agrium’s Approximate Share of 2014 North America Production Capacity (4) Ammonia (gross) 20% Urea 24% Phosphate7% Potash 7% (1) (2) (3) Agrium’s Approximate Share of 2014 Global Production Capacity (5) Ammonia (gross) Urea Phosphate Potash Conda also produces other phosphate products such as merchant grade acid and super phosphoric acid, some of which is upgraded to phosphate solution. Includes over 30 different ammoniated grades of fertilizer. The tie-in of Agrium's potash expansion project is complete. Vanscoy's potash nameplate capacity is anticipated to ultimately increase by more than 1.0 million tonnes as ramp-up continues through to 2017. (4)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) 2014 North America production capacity figures. (5) Based on: IFA World Ammonia Capacities 2014, June 2014; IFA World Urea Capacities 2014, June 2014; IFA World Processed Phosphates Capacities 2014, July 2014; IFA World Potash Capacities 2014, August 2014. 08 Agrium FACT BOOK 2015 2% 1% 1% 3% agrium goin Europe North America Wholesale 15 Production Facilities; 2 Mines; Extensive Distribution and Storage Network. Wholesale Agrium Europe. Distribution network of 9 sales offices in 6 countries (Belgium, Bulgaria, France, Germany, Italy, and Romania). Retail Over 1200 Retail locations under the name of Crop Production Services (CPS) and Crop Production Services Canada. South America Wholesale Profertil S.A. is 50 percent owned by Agrium Inc. while YPF S.A., a statecontrolled oil and gas company in Argentina, owns the other half. Retail 53 Retail locations under the name Agroservicios Pampeanos (ASP) in Argentina, Chile, Uruguay and Brazil. FACT BOOK 2015 Agrium 09 ng global Africa and the Middle East Wholesale 26 percent interest in MISR Fertilizers Production Company S.A.E. (MOPCO) in Egypt. Asia Pacific Retail Over 220 retail locations under the name Landmark (acquired in late 2010). Agrium Through the Years 1931 – Present Agrium is publicly traded on the New York Stock Exchange. Homestead (Nebraska) Nitrogen Operations begins production. Vanscoy (Saskatchewan) Potash Operations begins production. Joffre (Alberta) Nitrogen Operations begins production. Kapuskasing (Ontario) Phosphate Mine begins production. Acquired Viridian Inc., including Redwater (Alberta) Fertilizer Operations (1968) and Fort Saskatchewan (Alberta) Nitrogen Operations (1983). Crop Production Services (CPS) acquired. 9 19 9 8 19 9 6 19 9 5 19 9 4 19 9 3 19 9 7 19 8 7 19 7 9 19 6 8 19 6 5 19 6 19 31 ‘96 ‘68 Cominco Fertilizers Ltd. enters the fertilizer business. Borger (Texas) Nitrogen Operations begins production. Carseland (Alberta) Nitrogen Operations begins production. Cominco Fertilizers Ltd. enters the public market, by listing on the TSX. Nu-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). Rasmussen Ridge (Idaho) Phosphate Mine acquired. Astaris Production LLC assets (Nu-West’s Conda, ID phosphate operation) acquired. 70 percent equity position in Common Market Fertilizers S.A. (CMF) acquired. Royster-Clark acquired. Additional 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. Divestiture of Agrium’s Turf and Ornamental business to Koch Agronomic Services, LLC. Agrium acquires AWB Limited and enters the Asia-Pacific Market. Agrium entered Brazil with the acquisition of Utilfértil. 20 13 20 12 20 11 20 10 09 20 08 20 07 20 06 20 05 20 04 20 20 00 ‘12 Agrium’s ESN® operations moves into Wholesale. Vanscoy Potash Operations expansion tie-ins completed. 20 14 United Agri Products (UAP), acquired. ‘09 UNOCAL agricultural products division acquired. Profertil S.A. begins production in Bahía Blanca, Argentina. 12 Western Canadian fertilizer distribution assets from Imperial Oil acquired. 18 retail outlets in Argentina and Chile from United Agri Products acquired. Agrium FACT BOOK 2015 ADM’s 18 retail centers and 14 satellites in Kansas and Oklahoma acquired. Agrium Retail expands into Canada and consolidates all U.S. and Canadian operations under the name Crop Production Services (CPS Canada). 26 percent shareholding, in MOPCO (Egypt) obtained. Agrium acquires 100 percent equity position in CerealToscana and Agroport Agrium sells AWB Commodity Management. Agrium closes acquisition of the majority of Viterra’s Agri-product business from Glencore International, gaining over 200 retail facilities in Western Canada. Kapuskasing (Ontario) Phosphate Mine ceases production in 2013. A GLOBAL PRESENCE FACT BOOK 2015 Agrium 13 north america markets Canada United States Canada is the 7th largest consumer of crop nutrients The United States has the 3rd highest consumption of worldwide and is the world largest exporter of potash. crop nutrients and is the world 2nd largest importer of crop Nutrient consumption in 2013 was 2.5, 0.8 and 0.4 nutrients. Nutrient consumption in 2013 was 11.9, 3.9 million metric tonnes for nitrogen, phosphate and potash and 4.3 million metric tonnes for nitrogen, phosphate and respectively. In 2013, crop protection product sales were potash respectively. In 2013, crop protection product sales $2.0 billion and seed sales were over $1.0 billion. In were $7.4 billion and seed sales were over $12.6 billion. total Canada has over 110 million acres of arable land; The US has over 382 million acres of arable land with 95 Western Canada has over 59 million acres of planted area, million acres planted for corn producing 14.0 billion bushels generating over 71 million tonnes of product. Top crops by in 2013. production in Western Canada are wheat, canola, barley and oats. agrium north america retail Crop Production Services ("CPS") Largest direct-to-grower agricultural retail operation; Provides a wide range of agribusiness products and n n services to farmers; Echelon, our precision agriculture technology platform n currently provided to ~31,000 growers on over 19 MM acres in the US alone; Over 1,200 retail facilities under the name CPS. n Source: IFA World Potash Capacities 2014, June 2014, IFA World Processed Phosphates Capacities 2014, July 2014, IFA World Ammonia Capacities 2014, June 2014, Phillips McDougall, AMIS Global, CANSIM Table 001-0010, Statistics Canada, January 2015, USDA WASDE-537, January 2015, FAOSTAT 14 Agrium FACT BOOK 2015 agrium north america Crop Production Services (CPS) Anhydrous Ammonia Storage Crop Production Services Canada (CPSC) Solution Storage Nitrogen Production Facility Dry Storage Solution Production Facility Blend Storage Phosphate Production Facility Ammonia Pipeline System Phosphate Mine Corporate/Wholesale Office Potash Production Facility Retail Head Office Potash Mine United States Sales Office Granulation Production Facility ESN® FACT BOOK 2015 Agrium 15 south america markets South America Brazil Investing in South America provides an opportunity to grow where agriculture is growing. Our current operations, Profertil, Utilfértil and ASP will allow us to leverage our strengths as we enter new markets. In 2009, we opened 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. (Utilfértil). Brazil is one of the largest and fastest growing fertilizer import markets in the world, with a projected 3 percent compound annual growth of nutrient consumption between 2014 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 2013 was 3.6, 4.4 and 4.9 million metric tonnes for nitrogen, phosphate and potash respectively. In 2013, crop protection product sales were $10 billion and seed sales were over $3.3 billion. Looking forward, Brazil is one of the few countries in the world with a land base that enables continued expansion of its cultivated area. 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. Argentina Argentina is the second largest producer of crops in South America; with approximately 39 million hectares of arable land, its major crops are corn, wheat and soybeans. Nutrient consumption in 2013 was 650, 550, and 40 thousand metric tonnes of nitrogen, phosphate and potash, respectively. From 2014 to 2017, Argentina’s compound annual growth rate for total nitrogen, phosphate and potash consumption is projected to be 5 percent. In 2013, crop protection product sales were $1.7 billion and seed sales were $1.7 billion. Agrium established an international presence in 1995 in Argentina operating under the trade name ASP (fully owned by Agrium). In 1998 Agrium established a 50% interest in the Profertil joint venture. agrium south america retail Agroservicios Pampeanos 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, seeds and agronomic services. ASP entered Uruguay in 2009 and Brazil in 2012 to expand Agrium’s South American presence. Source: IFA Fertilizer Consumption 2012/13–2017/18 Country Reports, June 2013. 16 Agrium FACT BOOK 2015 agrium south america wholesale Profertil South America Agrium began commercial production at the Profertil plant, located in Bahía 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 Post-Expansion Expected Capacity (metric product tonnes per year) (metric product tonnes per year) Nitrogen Based Fertilizers Argentina Bahía Blanca (Profertil S.A.) Ammonia (gross) Ammonia (net) Urea Q2 2015 (1) (2) 750,000 70,000 1,200,000 Bahía Blanca (Profertil S.A.) Ammonia (gross) Ammonia (net) Urea (1) (2) 802,400 38,600 1,340,000 Distribution Facilities (metric product tonnes per year) Argentina(1) Bahía Blanca San Nicolás Puerto General San Martín Total Argentina Urea NH3 150,000 75,000 200,000 425,000 20,000 Liquid 35,000 20,000 35,000 (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. (2)Debottlenecking of this facility was mechanically completed and final commissioning is underway. Source: Agrium FACT BOOK 2015 Agrium 17 agrium south america Nitrogen Production Facility Agroservicios Pampeanos (ASP) Anhydrous Ammonia Storage Retail Head Office Solution Storage Dry Storage 18 Agrium FACT BOOK 2015 australia , asia and pacific rim markets Australia India The $49 billion farm sector in Australia produces a variety of crops including grains, vegetables, cotton, sugarcane and pasture land for livestock. With a relatively small population of 24 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 relatively flat compared to historic trends. Forecasts indicate that by 2025 India will become the 5th largest consumer economy in the world. While urbanization has not occurred as fast as some parts of Asia, the urban population is expected to grow significantly in the coming years. 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. China China has the largest population in the world, with 1.4 billion residents representing 21 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 cropping area in recent years and its stated goal is to remain selfsufficient in grain production. Given a finite arable land base, grain yields will have to increase to keep pace with demand growth. India has approximately 160 million hectares of arable land. The major crops in India are rice, wheat, millet, cotton and pulses. Fertilizer consumption in 2013 was 16.9, 6.9 and 2.2 million metric tonnes for nitrogen, phosphate and potash, respectively. From 2014 to 2018, India’s compound annual growth rate is estimated to be 2.5 percent annually for consumption of nitrogen, phosphate and potash. In 2013, crop protection product sales were $1.7 billion and seed sales were $0.6 billion. Indian agriculture is highly regulated as both fertilizer and crop prices are controlled by the government. In 2013, crop protection product sales were $4.8 billion and seed sales were $0.2 billion. agrium australia retail Landmark Distributor of fertilizer and crop chemicals within Australia; Provides a wide range of agribusiness products and n n services to farmers; Advisory services: agronomic, animal nutrition and whole n farm planning; Over 220 retail centers across Australia. n Source: IFA Fertilizer Consumption 2012/13–2017/18 Country Reports, June 2013. FACT BOOK 2015 Agrium 19 agrium australia Landmark Branch Retail Head Office Note: Agrium’s Australian Retail assets are listed on page 47. 20 Agrium FACT BOOK 2015 european and former soviet union markets Europe produces a diversity of crops and engages in differing agricultural practices due to variety in climate and fertilization patterns across the continent. In 2013(1), Europe consumed 15.5, 4.2 and 4.1 million metric tonnes of nitrogen, phosphate and potash, respectively. In 2013 crop protection chemicals sales were $13.6 billion and seed sales were $7.8 billion. In Europe, there are approximately 280 million hectares of arable land. The EU-15(2) is a growth market for environmentally friendly crop nutrient and crop protection products. In contrast, the countries in the EU-13(3) and Eastern Europe(4) 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. Headquartered in Brussels, Belgium, Agrium Europe employs approximately 140 people and has 9 sales offices in six different countries. Agrium Europe purchases, distributes and sells over one million metric tonnes of nitrogen, phosphate and potash fertilizers in Europe. As of December 2014, Agrium has access to over 325 thousand metric tonnes of dry and liquid storage in Europe. agrium europe Agrium Europe Head Office – Brussels, Belgium Solution Storage Agrium Europe Subsidiary/Sales Office Dry Storage (1) Fertilizer consumption is based on nitrogen, phosphate and potash from Western Europe EU-15, Central Europe EU-13 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 (3) EU-13: Bulgaria, Croatia, Cyprus, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Romania, Slovakia and Slovenia (4) 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 2014/03, Fertecon Potash Data File-December 2014, CRU Phosphate Fertilizer Market Outlook, October 2014, Phillips McDougall AMIS Global FACT BOOK 2015 Agrium 21 africa and middle eastern markets 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 2013, Africa and the Middle East consumed 5.1, 2.4 and 0.7 million metric tonnes of nitrogen, phosphate and potash, respectively. In 2013, crop protection product sales were $2.1 billion and traded seed sales were $0.8 billion. Agriculture contributes significantly to the GDP of Africa and the Middle East and there is significant growth potential, particularly in Sub-Saharan Africa. Available arable land in Africa and the Middle East is approximately 226 million hectares and 37 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 71 million tonnes produced in 2013 and approximately 34 million hectares harvested. 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 Morocco, Saudi Arabia, Egypt, Iran and Qatar. africa and the middle east – damietta (mopco) 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 FAS PSD Database Fertecon Urea Outlook 2014/03, Fertecon Potash Data File-December 2014, CRU Phosphate Fertilizer Market Outlook, October 2014, Phillips McDougall 22 Agrium FACT BOOK 2015 AGRIUM WHOLESALE Redwater Fertilizer Operations, Redwater, AB FACT BOOK 2015 Agrium 23 agrium wholesale : leading global supplier Agrium Wholesale We operate one of the world’s largest fertilizer manufacturers with a capacity of over 9 MM tonnes of nitrogen, phosphate, potash and secondary nutrients by the end of 2015. Our products are predominately produced by 15 wholly owned primary production facilities and 2 joint venture facilities strategically located and marketed worldwide. We manufacture, market, and distribute three primary nutrients: nitrogen, phosphate, and potash. We service our customers through a network of over 100 distribution warehouses, supplied by 17 facilities worldwide. Our strengths include a low cost in-market position, the ability to leverage distribution, and a focus on continued incremental expansion at key facilities. We operate a distribution network throughout Europe and South America supplied by a 26 percent equity interest in MOPCO of Egypt and a 50 percent equity interest in Profertil of South America. Nitrogen (N) Phosphate (P) Potassium (K ) nFacilities strategically located in Canada, the United States and Argentina have a combined annual capacity of approximately 5.0 million product tonnes nTwo phosphate plants, combined annual capacity of approximately 1.2 million product tonnes nCurrent capacity of approximately 2.0 million product tonnes nWe have 26% equity interest in MOPCO, a nitrogen facility in Egypt nWe have 50% equity interest in Profertil, a nitrogen facility in Argentina nCompetitive advantages of lower-cost Alberta and Egypt gas, as well as a close proximity to key markets 24 Agrium FACT BOOK 2015 nMarket internationally through Canpotex nIntegrated mining and production at Conda, access to low-cost sulphur, sulphuric acid and ammonia nThe tie-in of Agrium's potash expansion is complete, Vanscoy's potash nameplate capacity is anticipated to ultimately increase by more than 1.0 million tonnes as ramp-up continues through to 2017 agrium products Agrium Products Fertilizer: Ammonium Polyphosphate Ammonium Sulphate Anhydrous Ammonia Aqua Ammonia Calcium Ammonium Nitrate (CAN 17) ESN® Merchant Grade Phosphoric Acid (MGA) Monoammonium Phosphate (MAP) Muriate of Potash Super Phosphoric Acid (SPA) Urea Ammonium Nitrate Urea Industrial: Ammonium Nitrate Ammonium Nitrate Solution Ammonium Polyphosphate Anhydrous Ammonia Anhydrous Ammonia Refrigeration Grade Aqua Ammonia Merchant Grade Phosphoric Acid Monoammonium Phosphate Muriate of Potash Nitric Acid NOxOUT Urea Urea Ammonium Nitrate Urea Solution DEF Grade Urea FACT BOOK 2015 Agrium 25 agrium wholesale owned distribution facilities Canada (metric tonnes of fertilizer storage) Location Bloom, Manitoba Carseland, Alberta Clavet, Saskatchewan Ft. Saskatchewan, Alberta Granum, Alberta Joffre, Alberta Kamloops, British Columbia Redwater, Alberta Roma Junction, Alberta Standard, Alberta Vanscoy, Saskatchewan Watson, Saskatchewan Total Canada Dry 50,000 72,000 63,500 65,000 210,000 250,000 710,500 Ammonia 27,000 36,000 36,000 3,000 77,000 170 27,000 206,170 Specialty(1) 80 34,300 13,250 1,800 12,500 21,250 20,200 103,380 Total 77,000 108,080 97,800 101,000 13,250 3,000 1,800 299,500 170 21,250 250,000 47,200 1,020,050 United States (metric tonnes of fertilizer storage) Location Americus, Georgia Borger, Texas Burley, Idaho Conda, Idaho Early, Iowa Florence, Alabama Garner, Iowa Glade, Washington Homestead, Nebraska Kennewick, Washington(2) Lynchburg, Virginia Leal, North Dakota Marseilles, Illinois Moses Lake, Washington Mt. Vernon, Indiana New Madrid, Missouri Newton, Illinois North Bend, Ohio Paducah, Kentucky Plymouth, Washington Tifton, Georgia West Sacramento, California Total United States Dry 42,700 14,600 7,200 54,500 24,200 18,500 14,600 20,900 8,700 5,500 10,000 20,700 38,600 17,600 16,400 30,000 344,700 (1) Specialty includes solutions and specialty products. (2) Includes capacity from Kennewick and Finley, Washington. Source: Agrium 26 Agrium FACT BOOK 2015 Ammonia 1,000 71,300 16,400 19,100 36,600 34,400 17,300 36,300 232,400 Specialty(1) 6,400 150 7,300 101,000 31,100 9,600 6,000 27,200 13,200 2,300 30,000 234,250 Total 42,700 15,600 7,200 60,900 71,300 24,200 150 18,500 38,300 141,000 8,700 36,600 71,000 19,600 20,700 38,600 6,000 44,500 13,200 19,900 16,400 96,300 811,350 agrium north america wholesale production & distribution locations Nitrogen Production Facility Anhydrous Ammonia Storage Solution Production Facility Solution Storage Phosphate Production Facility Dry Storage Phosphate Mine Blend Storage Potash Production Facility Ammonia Pipeline System Potash Mine Corporate/Wholesale Office Granulation Production Facility United States Sales Office ESN® FACT BOOK 2015 Agrium 27 industry participants production locations 2014 Ammonia Plant Capacities and Locations (‘000 metric tonnes of ammonia per year) Company Site IFA Capacity Inc. Inc. Inc. Inc. Inc. Inc. Inc. Inc. Inc. Carseland, Alberta Ft. Saskatchewan, Alberta Joffre, Alberta Redwater, Alberta Courtright, Ontario Medicine Hat, Alberta Brandon, Manitoba Ft. Saskatchewan, Alberta Belle Plaine, Saskatchewan 535 465 480 960 455 1,137 457 161 682 5,333 Agrium U.S. Inc. CF Industries, Inc. CF Industries, Inc. CF Industries, Inc. CF Industries, Inc. CF Industries, Inc. Chevron Chem. Co. Coffeyville Res. Dakota Gasification Company Dyno Nobel Dyno Nobel Green Valley Chemical Honeywell International Koch Industries Inc. Koch Industries Inc. Koch Industries Inc. Koch Industries Inc. LSB Industries LSB Industries Mosaic Company OCI Beaumont LLC Potash Corporation of Saskatchewan Potash Corporation of Saskatchewan Potash Corporation of Saskatchewan Rentech Inc. Shoreline Chemical US Nitrogen LLC. Borger, Texas Donaldsonville, Louisiana Port Neal, Iowa Verdigris, Oklahoma Woodward, Oklahoma Yazoo City, Mississippi El Secundo, California Coffeyville, Kansas Beulah, North Dakota Cheyenne, Wyoming St. Helens, Oregon Creston, Iowa Hopewell, Virginia Beatrice, Nebraska Dodge City, Kansas Enid, Oklahoma Fort Dodge, Iowa Cherokee, Alabama Pryor, Oklahoma Faustina, Louisiana Beaumont, Texas Augusta, Georgia Geismar, Louisiana Lima, Ohio E. Dubuque, Illinois Gordon, Georgia Mosheim, Tennessee Total United States 490 2,773 345 1,037 437 510 18 329 300 173 100 32 465 248 261 839 300 159 207 512 306 785 500 612 337 30 60 12,165 Total Canada and United States 17,498 Canada Agrium Agrium Agrium Agrium CF Industries, CF Industries, Koch Fertilizer Canada Sherritt International, Yara Belle Plaine Total Canada United States Source: IFA World Ammonia Capacities, June 2014 28 Agrium FACT BOOK 2015 industry participants production locations 2014 Urea Plant Capacities and Locations (‘000 metric tonnes of urea per year) Canada IFA Capacity Company Site Agrium Inc. Carseland, Alberta 680 Agrium Inc. Ft. Saskatchewan, Alberta 430 Agrium Inc. Redwater, Alberta 720 CF Industries, Inc. Courtright, Ontario 257 CF Industries, Inc. Medicine Hat, Alberta 735 (Includes Urea Melt) Koch Fertilizer Canada Inc. Brandon, Manitoba 217 Yara Belle Plaine Inc. Belle Plaine, Saskatchewan 1,072 Total Canada 4,111 United States Agrium U.S. Inc. Borger, Texas 99 CF Industries, Inc. Donaldsville, Louisiana 2,322 CF Industries, Inc. Port Neal, Iowa 328 CF Industries, Inc. Verdigris, Oklahoma 646 CF Industries, Inc. Woodward, Oklahoma 293 CF Industries, Inc. Yazoo City, Missouri 174 Coffeyville Partners Coffeyville, Kansas 265 Cytec - American Melamine Waggaman, Louisiana 248 Dyno Nobel Cheyenne, Wyoming 111 Dyno Nobel St. Helens, Oregon 104 Koch Industries Inc. Beatrice, Nebraska 57 Koch Industries Inc. Dodge City, Kansas 72 Koch Industries Inc. Enid, Oklahoma 485 Koch Industries Inc. Fort Dodge, Iowa 152 LSB Industries Inc. Cherokee, Alabama 85 LSB Industries Inc. Pryor, OK 137 Potash Corporation of Saskatchewan Augusta, Georgia 565 Potash Corporation of Saskatchewan Geismar, Louisiana 404 Potash Corporation of Saskatchewan Lima, Ohio 422 Rentech Inc. E. Dubuque, Illinois 141 Total United States 7,111 Total Canada and United States 11,222 Source: IFA World Urea Capacities, June 2014 FACT BOOK 2015 Agrium 29 industry participants production locations 2014 Phosphoric Acid Plant(1) Capacities and Locations (‘000 metric tonnes of P2O5 per year) Canada Company Site IFA Capacity Agrium Inc. Redwater, Alberta 345 Total Canada 345 United States Agrium US Inc. Conda, Idaho 350 J.R. Simplot Company Pocatello, Idaho 450 J.R. Simplot Company Rock Springs, Wyoming 440 Mississippi Phosphates Corp. Pascagoula, Mississippi (2) 367 Mosaic Company Bartow, Florida 950 Mosaic Company New Wales, Florida 1,740 Mosaic Company Tampa, Florida 900 Mosaic Company Uncle Sam, LA 780 Mosaic Company Plant City, Florida 950 Potash Corporation of Saskatchewan Aurora, North Carolina 1,202 Potash Corporation of Saskatchewan Geismar, LA 202 Potash Corporation of Saskatchewan White Springs, Florida(3) 966 Total United States 9,296 Total Canada and United States 9,641 (1) (2) (3) Source: Capacities figures are on a P2 O 5 basis. Closed in late 2014 due to bankrupcy. Closed in early 2014. IFA World Phosphate Capacities, June 2014 30 Agrium FACT BOOK 2015 industry participants production locations 2014 Muriate of Potash Capacities and Locations (‘000 metric tonnes of K2O per year) Canada Company Site IFDC Capacity Agrium Inc. Vanscoy, Saskatchewan 1,815(1) Mosaic Company Belle Plaine, Saskatchewan 1,980 Mosaic Company Colonsay, Saskatchewan 1,590 Mosaic Company Esterhazy, Saskatchewan 3,510 Potash Corporation of Saskatchewan Allan, Saskatchewan 1,830 Potash Corporation of Saskatchewan Cory, Saskatchewan 1,830 Potash Corporation of Saskatchewan Lanigan, Saskatchewan 2,320 Potash Corporation of Saskatchewan Patience Lake, Saskatchewan 180 Potash Corporation of Saskatchewan Penobsquis (Sussex), New Brunswick 490 Potash Corporation of Saskatchewan Rocanville, Saskatchewan 1,830 Total Canada United States 17,375 Carlsbad, New Mexico (East) 141 Intrepid Potash Lea County, New Mexico (West) Intrepid Potash 236 Intrepid Potash Moab, Utah 73 Intrepid Potash Wendover, Utah 54 Mosaic Company Carlsbad, New Mexico (2) 372 Hersey, Michigan (2) Mosaic Company 64 Total United States 940 Total Canada and United States 18,315 (1) Post-expansion capacity. (2) Closed in 2014. Source: IFDC Worldwide Potash Capacity Listing by Plant, December 2014 FACT BOOK 2015 Agrium 31 AGRIUM RETAIL Agrium’s Oakland, Illinois Retail facility 32 Agrium FACT BOOK 2015 agrium retail: best in class Agrium Retail We operate the largest global direct-to-grower agricultural retail distribution operation. As of December 31, 2014, Agrium operated a network of 900 retail facilities in the United States, 320 retail facilities in Canada, 53 retail facilities in South America and 222 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 Crop Nutrients Purchasing advantages from our economies of scale; Our integrated fertilizer application services provide customers with expert advice and application services. n Seed Rapidly growing seed and private label Dyna-Gro and proven seed businesses; n n Crop Protection Products Purchasing advantages from our economies of scale; Proprietary Loveland brand crop protection products. Merchandise, Services and Other Merchandise includes fencing, feed supplements and animal health products; Services include product application, soil and leaf testing and crop scouting through a proprietary service known as Echelon, a precision agriculture technology platform n n n n currently provided to ~31,000 grower customers on over 19 MM acres in the US alone. FACT BOOK 2015 Agrium 33 agrium retail: best in class (Dec, 2014) United States Canada South America Australia Farm Centers 602 267 44 - Satellites 235 37 3 - Terminals 48 9 - - Distribution Centers 11 7 - - Plants 4 - 2 2 Warehouses - - 3 - Retail Blending Facility - - 1 - Company Owned - - - 188 Franchise - - - 32 900 320 53 222 Total 34 Agrium FACT BOOK 2015 north america retail locations Crop Production Services (CPS) Crop Production Services Canada (CPSC) Retail Head Office FACT BOOK 2015 Agrium 35 crop production services (cps) (Dec, 2014) a a c f i Alabama Arkansas California Florida Idaho (11 locations) (continued) (continued) (continued) (17 locations) Ashford* Atmore Dothan Headland* Kinston Madison Selma (2 locations) Selma* Slocomb* Summerdale* Marvell* McCrory McGehee* Monette* Monticello Osceola* Paragould* Portland Stuttgart* Wall Lake* Wheatley* Winchester* Wynne Oxnard* (2 locations) Paso Robles Riverside Sacramento Salinas San Jacinto* San Marcos Santa Maria Santa Maria* Sebastopol Stockton Temecula Tipton (Pixley)* Ukiah Vernalis Visalia Watsonville Watsonville* Yuba City Fort Pierce Hastings Homestead Immokalee Jay Lehigh Acres Mulberry Mulberry DC Okeechobee Parrish Wauchula Waverly American Falls-Pleasant Valley* Bancroft Blackfoot** Buhl* Burley Caldwell (2 locations) Glenns Ferry Hansen Idaho Falls Kimberly Parma Paul** Roberts Roberts** Rupert** Wendell Arizona (5 locations) Chandler Coolidge Parker Tucson Yuma c California (47 locations) Arkansas (37 locations) Altheimer Barton* Bay* Blytheville* (3 locations) Caraway Cash Clarendon Crawfordsville* Des Arc* DeValls Bluff* Dewitt* Diaz Grady Hazen Hazen* Hoxie* Joiner* Lake City* Lepanto Marianna Marianna* Marked Tree * ** DC P Satellites Terminals Distribution Center Plants 36 Agrium Anaheim Bakersfield (Mettler) Bakersfield* (2 locations) Bakersfield** Buttonwillow (Sat/ Delano)* Cutler* Delano Dos Palos* Fallbrook* Firebaugh Firebaugh* Five Points Fresno Goleta* Greenfield Hanford Hollister Huron* Imperial Lemoore* Madera Merced Modesto (2 locations) Newman* Oxnard FACT BOOK 2015 Colorado (4 locations) Fort Morgan Greeley Greeley P Yuma Connecticut (1 location) Broad Brook d Delaware (3 locations) Milford Seaford Seaford** f Florida (14 locations) Belle Glade Boynton Beach* g Georgia (17 locations) Americus Arlington* Baxley Colquitt Doerun* Donalsonville* Greensboro Jesup* Leesburg** Meigs* Millen Moultrie Oglethorpe* Swainsboro (2 locations) Swainsboro** Sylvester* h Hawaii (4 locations) Hilo Kahului Kunia Lihue Illinois (87 locations) Alexis* Amboy Atlanta DC Baileyville Biggsville (Stronghurst) Blandinsville Browns Cambridge Carlyle Carmi Catlin Chatsworth Cissna Park (Fountain Creek) Clay City Columbus* Danville** Dixon Dwight Edgewood Evansville (Ruma)* Fairbury (2 locations) Ferris Flanagan* crop production services (cps) (Dec, 2014) i i i i k Illinois Illinois Indiana Iowa Kansas (continued) (continued) (continued) (continued) (continued) Flora (2 locations) Flora* Franklin Grove Galesburg Gladstone* Greenfield Greenview Hoopeston Iuka Jacksonville Johnsonville* Keenes Keenes* Keithsburg* Lanark* Louisville* Manilus* Marissa McLeansboro Melvin Metcalf Morrisonville Moweaqua* Mt. Carmel Mt. Carmel** Mt. Erie Mt. Sterling Neoga New Baden New Boston Niota** (2 locations) Nokomis North Henderson* Oakland Old Shawneetown Olive Branch* Onarga Oneida Paris Paxton Pleasant Hill Pontiac Quincy Quincy** Raleigh Richmond (Belden) Saunemin Sciota* Shabbona* Sheffield Shelbyville Sheldon Sidney Sterling Steward Viola Walnut* Walsh* Wenona Whitehall Yates City Oaktown* Odon Orleans Otwell Patoka Poseyville Princeton Roachdale** Rushville Scottsburg (Hibernia) Scottsburg* Shelburn Straughn Switz City Tipton Tipton DC Vincennes (Decker) Warren Washington Waterloo** West Lebanon Wheatland* Williamsburg Hancock Hedrick Hedrick* Hopkinton Ida Grove Irvington Keosauqua Keswick Lowden* LuVerne LuVerne** Mediapolis Mediapolis* Mingo Monticello* Moravia Mount Union Moville Nevada** New Sharon North English* Odebolt Ogden* Oskaloosa Preston Reinbeck Sac City* South English* Union (Bangor) West Union Whiting Winthrop Winthrop* Worthington Wyoming Cimarron Clay Center Colby Colby* Collyer* Concordia Copeland (2 locations) Courtland* Downs* Galva Garden City (2 locations) Garden City DC Gaylord* Goddard Goodland (2 locations) Goodland (East)* Grainfield* Hill City* Hoxie Hunter Jetmore Kinsley Leoti Little River* Lyons* Mahaska Minneapolis Montezuma* Morganville* Morrowville* Oakley Oberlin Plains* Pratt* Republic Scott City (Shallow Water)* Smith Center Sublette Sublette* WaKeeney Waterville * ** DC P Indiana (49 locations) Amboy Arcadia Attica Bluffton* Boonville Brimfield Brimfield** Brookville Chalmers Charlottesville Clarks Hill Dana Delphi Deputy* Fairmount Fairmount (Isabel)* Franklin Fulton Greensburg Hatfield Homer Jasper Lafayette (Buck Creek) Lebanon Liberty** Mooresville Iowa (55 locations) Agency* Anthon* Atalissa Battle Creek* Bloomfield Boone Brayton Breda Coin* Corning Creston Danbury Dyersville Earlville* Edgewood Eldon (2 locations) Fairfield Garnavillo Gibson k Kansas (50 locations) Beloit Beloit* Belpre Bird City* Brewster* Burrton* Satellites Terminals Distribution Center Plants FACT BOOK 2015 Agrium 37 crop production services (cps) (Dec, 2014) k l m m m Kentucky Louisiana Maryland Michigan Mississippi (39 locations) (26 locations) (9 locations) (continued) (continued) Allensville* Beaver Dam Cadiz Campbellsville Clarkson Clay Clinton* Cynthiana Ekron Fancy Farm Franklin Glendale Guthrie* Hardin Henderson Hodgenville Horse Cave Kevil Lebanon Lexington Madisonville (Anton)* Mayfield Morganfield Murray** Owensboro (2 locations) Pembroke Poole* Russellville (2 locations) Sacramento Salem* Sedalia Shelbyville Slaughters (Sat. of Anton)* (2 locations) Upton Utica (Calhoun)* Waverly Bonita* Boyce Bunkie Bunkie* Coushatta* Crowville Delhi (2 locations) Elton Gilliam* Jonesville Lake Providence Boonsboro* Centerville* Centerville Denton* East New Market Massey* Pocomoke City Rosedale Worton St. Johns Sunfield Sunfield DC Sunfield** Ubly Rolling Fork** Tunica (3 locations) (4 locations) Loreauville* Mer Rouge New Roads New Roads* Opelousas* Pioneer* Rayville Tallulah Thibodaux Vick* Ville Platte* Wisner Carver Franklin South Deerfield Sterling * ** DC P Satellites Terminals Distribution Center Plants 38 Agrium m Maine (2 locations) Lewiston Mapleton FACT BOOK 2015 Massachusetts Michigan (31 locations) Ann Arbor Bear Lake Benton Harbor Blissfield Blissfield* Blissfield** Breckenridge Brown City Carrollton** Coldwater Deckerville (Sat of Sandusky)* Dowagiac Greenville Henderson Lake Odessa (Woodbury) Linwood Melvin* Mendon Morenci Munger Muskegon** Nottawa Owendale Saline Sandusky Sparta Minnesota (17 locations) Alden Big Lake Dassel Fairmont (East Chain) Hallock Hallock* Harmony Lakefield Mora Perham* Pipestone Plainview Sargeant Sauk Centre Slayton Wadena* Winthrop Mississippi (21 locations) Anguilla* Batesville* Benoit* Benton* Bolton* Boyle Clarksdale Duncan* Greenville P Greenwood* Grenada Hollandale* Holly Springs* Houston Indianola* Leland Macon Rolling Fork (2 locations) Missouri (26 locations) Bowling Green (2 locations) Cardwell Cardwell* Caruthersville** Clarence Cooter Essex* Gilman City* Greentop Harrisonville Hornersville* Hughesville La Plata* Marston** Memphis Palmyra Paris Parma* Perry Portageville (2 locations) Senath Sikeston Westboro White Oak* Montana (6 locations) Belgrade Billings Billings P Fairview Great Falls Hardin crop production services (cps) (Dec, 2014) n n n o o Nebraska New York North Carolina Ohio Oregon (22 locations) (14 locations) (continued) (continued) (11 locations) Ashland Beatrice Beemer Bridgeport Chester Coleridge* Davenport Deshler Edgar* Fairbury Fairbury P Fairmont Hastings Imperial Johnson Kearney Laurel Loomis** Mc Cook South Sioux City Superior Thurston Amenia Avon Bohemia Brookhaven* Cohocton Fancher (2 locations) Goshen Lockport* Milton Mt Morris* Oswego** Rochester* Sodus Sanford Shawboro Shelby* Snow Hill Sophia Statesville (Harmony) Tarboro DC Trenton Vanceboro Washington Wilmington** (3 locations) Wilson Wilson** Yadkinville Eaton Edison (Mt Gilead) Findlay Fort Jennings (Ottoville)* Frankfort Greenville Greenville** Hamler Jeffersonville Jeromesville* Leipsic* Maumee** Midland Milford Center (Unionville) Mowrystown Mt. Sterling Mt. Sterling DC Mt. Sterling** Ottawa Ottawa** Polk Sabina Sidney (Kirkwood) Sidney (Kirkwood)** Athena Baker City (Sat of LaGrande)* Gresham Hermiston La Grande North Powder* Pendleton Rickreall Salem Salem (Hopmere) Tangent Nevada (3 location) Las Vegas* Sparks (Reno) Tonopah* New Jersey (3 locations) Bridgeton North Brunswick Pittstown New Mexico (7 locations) Artesia (2 locations) Artesia* Hatch* Portales Socorro Vado North Carolina (46 locations) Albemarle (Millingport)* Albertson Belgrade (Maysville)* Belhaven Brown Summit Bunn* Clinton (2 locations) Conway Creswell Elizabeth City* Enfield Erwin Fairfield Fairmont* Four Oaks* Greenville* Hendersonville Jefferson Laurinburg Lumberton Monroe* Nashville Newland Norwood (Porter) Pantego* Princeton Red Springs* Rocky Mount Salemburg North Dakota (14 locations) Bismarck Bismarck* Dickinson Grace City Grafton Grand Forks Grand Forks DC Hatton* Jamestown (2 locations) Mapleton Minot Wahpeton Williston o Ohio (41 locations) Ansonia Attica** Bainbridge Botkins Bradford Carey* Columbus Delphos Dunkirk (2 locations) Thurston Upper Sandusky Urbana* Washington Court House** (2 locations) West Jefferson West Leipsic* Oklahoma (7 locations) Altus Arapaho Chattanooga** Guymon Hooker Tyrone* Webbers Falls p Pennsylvania (6 locations) Biglerville Bloomsburg Butler Chambersburg Holtwood Tyrone s South Carolina (10 locations) Aynor Bishopville Darlington DC (2 locations) Hemingway* Kingstree Lake City* Orangeburg (2 locations) Starr South Dakota (6 locations) Elk Point Harrold Meckling Northville Spearfish Vermillion * Satellites **Terminals DC Distribution Center PPlants FACT BOOK 2015 Agrium 39 crop production services (cps) (Dec, 2014) t t u w w Tennessee Texas Utah Washington Wisconsin (20 locations) (continued) (1 location) (24 locations) (5 locations) Bells Brownsville Clarksville Covington Dyersburg Ethridge Friendship* Henderson* Hillsboro Huntingdon Milan Palmersville* Portland* Puryear* Ridgely Union City (2 locations) Union City DC Union City** Whiteville Hillsboro Houston Idalou Knox City Lamesa Lamesa* Levelland Moody Morton* Olton Palmer Paris* Pittsburg Plains Plains* Plainview Pleasanton* Punkin Center* Robstown Roscoe Rosenberg Santa Rosa Seagraves (2 locations) Seagraves* Seminole Seminole* Slaton (3 locations) Stamford Taft Tahoka Taylor Taylor* Victoria** Waco** Wharton* Tremonton* Almira* Connell Coulee City Davenport Endicott* Harrington* Mansfield* Moses Lake* Okanogan* Othello Pasco (3 locations) Plymouth* Plymouth** Pomeroy Prescott* Quincy Reardan* Rosalia St. John Toppenish Walla Walla Waterville DeForest Galesville Janesville Plainfield (2 locations) Texas (60 locations) Ballinger* Big Spring Blessing* Brownfield Brownfield* Caldwell Clarendon Cotton Center Coyanosa* De Leon* Dell City Denver City* Dimmitt Dimmitt (Hereford)* Dodson Dumas Edinburg* Edna El Campo Floydada Harlingen* Hereford* * Satellites **Terminals DC Distribution Center PPlants 40 Agrium FACT BOOK 2015 v Vermont (1 location) Addison v Virginia (17 locations) Belle Haven Chase City* Cloverdale Colonial Heights Crystal Hill Eastville* Haynesville (Sat of North Neck) Heathsville (Sat of Hayneville)* Hopewell* Ivor Melfa (Keller) Mt. Holly (Northern Neck)* Prince George** Sealston South Hill St Stephens Chruch (Aylett) Wylliesburg crop production services canada (cpsc)(1) (Dec, 2014) a a a m m Alberta Alberta Alberta Manitoba Manitoba (111 locations) (continued) (continued) (continued) (continued) Balzac Barrhead Beaverlodge* Beiseker Bentley Bonnyville Bow Island (2 locations) Boyle Brooks Broxburn Calgary Calgary** Calgary DC Camrose (2 locations) Caresland Carstairs Castor Chin** Claresholm Coaldale Coronation Crossfield Daysland Daysland* Delburne Delia Didsbury Eaglesham* Edgerton Enchant Fahler Fairview (2 locations) Falher* Foremost Forestburg Fort Macleod Fort Saskatchewan Fort Saskatchewan** Hairy Hill Herronton High Prairie High River Hythe Hythe* Innisfree Irma Iron Springs Killam Lacombe Leduc Lloydminster Lougheed Magrath Manning Marwayne Medicine Hat (2 locations) Medicine Hat* (3 locations) Milk River* Milo Myrnam Nampa* Nanton* New Dayton Nipawin Oyen Paradise Valley Penhold Picture Butte** Picture Butte* Ponoka (2 locations) Red Deer Rimbey Rosalind Rosebud Rosedale Ryley Sexsmith Smokey Lake Spirit River Spirit River* (2 locations) St.Paul Stettler Stony Plain Strome Taber (2 locations) Taber* Torrington Trochu (2 locations) Valleyview* Vauxhall Vegreville Vermillion Viking Wainwright Wanham Warner Welling* Westlock Carberry Carman Cartwright Darlingford Deloraine Dufrost* Dunrea Fannystelle Fisher Branch Fork River Forrest Foxwarren* Franklin Gilbert Plains Gladstone Glenboro Gretna Griswold Grosse Isle Hamiota Hargrave Holland Lowe Farm Miami Minitonas Minnedosa Ninga Petersfield* Pilot Mound Plum Coulee (Kane) Portage La Praire DC Portage La Prairie Portage La Prairie* Rathwell* Reston Roblin Russell Selkirk Souris Souris* St Jean Baptiste Starbuck* Ste Agathe Ste Anne Swan River Teulon The Pas Winkler Winkler** (2 locations) Grassy Lake Grimshaw (1) * ** DC b British Columbia (7 locations) Abbotsford Delta Fort St. John Kelowna Langley DC Vancouver Victoria m Manitoba (58 locations) Arborg Beausejour Beausejour* Benito Binscarth* Birch River Boissevain Brandon** Brunkild o Ontario (4 locations) Brantford Cambridge DC Dorchester DC Kingsville q Québec (1 location) Coteau-du-Lac DC s Saskatchewan (139 locations) Aberdeen Albertville Assiniboia* Balcarres Beechy* Biggar (2 locations) Birch Hills* Bruno Buchanan Canora (2 locations) Carnduff Central Butte Choiceland Codette Colonsay Consul Craik Cudworth Cupar All DC locations are former legacy UAP locations. Satellites Terminals Distribution Center FACT BOOK 2015 Agrium 41 crop production services canada (cpsc)(1) (Dec, 2014) s s s Saskatchewan Saskatchewan Saskatchewan (continued) (continued) (continued) Davidson Delisle Dinsmore Dinsmore* Drake Eatonia Edam Elrose Elstow** Eston Eyebrow Fairlight Fillmore Foam Lake Francis (2 locations) Gerald Gravelbourg Grenfell Gull Lake Hagen Hague Hoey Humboldt Indian Head Ituna Kamsack* Kelvington Kerrobert Kindersley Kinistino (2 locations) Kipling Landis Langham Lanigan* Leader Leask Lemberg Lestock Liberty Lintlaw* Lucky Lake Lumsden Luseland Macklin Maidstone Major Mankota Mantario* Maymont Meadow Lake Melfort Melville Middle Lake Montmartre Moose Jaw (2 locations) Moosomin Morse Neilburg North Battleford North Battleford (Hamlin) Osler Outlook Oxbow Paradise Hill Parkside Pelly Perdue Ponteix Porcupine Plain Prince Albert Quill Lake Radisson Radville* Raymore Redvers (2 locations) Regina (2 locations) Regina DC Regina** Rockhaven Rosetown Rosthern Saskatoon Shaunavon Shaunavon* Shellbrook Southey Spiritwood St Brieux Stougton Strongfield* Sturgis Swift Current Theodore Tisdale Torquay Valparaiso Viscount Wadena Wakaw Waldron Watrous (2 locations) Watson Weyburn (2 locations) Whitewood Wilkie Wolseley Woodrow Wynyard Yellow Grass Yorkton (2 locations) (1) * ** DC All DC locations are former legacy UAP locations. Satellites Terminals Distribution Center 42 Agrium FACT BOOK 2015 south america retail locations ( asp) Agroservicios Pampeanos (ASP) Retail Head Office FACT BOOK 2015 Agrium 43 south america retail locations ( asp) (Dec, 2014) Agroservicios Pampeanos ArgentinaChile Uruguay Brazil Farm Centers 39050 Chemical Formulation Plants 1000 Fertilizer Plant 1000 Satellites 3000 Chemical Storage Warehouses 1200 Retail Blending Facility 0001 Total 45251 Argentina b c e m s Buenos Aires Córdoba Entre Ríos Mendoza Salta (20 locations) (10 locations) (3 locations) (1 location) (1 location) Alberdi America Balcarce Bolívar Colonia Hinojo Colonia Hinojo P Coronal Suárez Cucha Cucha El Arbolito French Gardey General Villegas* Lincoln Mechita O’Higgins Pieres San Antonio de Areco Treinta de Agosto Trenque Lauquen* Tres Arroyos Cnel. Baigorria Colonia Bismark General Roca Gral. Cabrera Jesús María La Carlota Laboulaye Laguna Larga Monte Buey* Villa María Paraná Victoria Villaguay Cuyo Rosario de la Frotera p Santa Fe * 44 Satellites Agrium P Plants W FACT BOOK 2015 Warehouses La Pampa (1 location) General Pico (9 locations) Casilda Casilda P Chapuy Col Casilda W Gálvez La California Peyrano Rafaela San Genaro south america retail locations ( asp) (Dec, 2014) Brazil Chile Uruguay s c c p s São Paulo CautÍn Colonia Paysandú Soriano (1 location) (1 location) Temuco W (1 location) (1 location) (1 location) Tarariras Constancia Dolores e d r Elqui Durazno Río Negro (1 location) (1 location) (1 location) Coquimbo W Durazno Young Itapetininga P FACT BOOK 2015 Agrium 45 landmark retail locations Landmark Branch Retail Head Office 46 Agrium FACT BOOK 2015 landmark retail locations (Dec, 2014) n n q s s New South Wales New South Wales Queensland South Australia South Australia (59 locations) (continued) (49 locations) (continued) Albury Ardlethan Ariah Park Armidale Barraba Bombala Braidwood Broken Hill Cobar Cooma Coonamble Cootamundra Cowra Crookwell Delegate Deniliquin Dubbo Finley Forbes Gilgandra Glen Innes Goulburn Griffith Gunnedah Guyra Hay Hillston Holbrook Inverell Lavington Lismore Lockhart Manilla Marrar Merriwa Moree Moss Vale Mudgee Mungindi Narrabri Narrandera Narromine Nyngan Parkes Quirindi Rutherford (Maitland) Scone Tamworth Temora Urana Wagga Wagga Walcha Walgett Walla Walla Warren Wee Waa West Wyalong Yass Young Balaklava Berri Bordertown Burra Bute Cavan Ceduna Clare Cleve Cooke Plains Cowell Cummins Eudunda Gawler Jamestown Kadina Kapunda (2 locations) Karoonda Keith Kimba Kingscote Kingston Lameroo Lock Loxton Lucindale Melrose Millicent Minlaton Mt Compass Mt Gambier Mt Pleasant (2 locations) Murray Bridge Naracoorte Orroroo Padthaway Penola Peterborough Port Augusta Riverton Snowtown Strathalbyn Streaky Bay Tintinara Tumby Bay Warooka Wudinna Northern Territory (2 locations) Alice Springs Yarrawonga (42 locations) Ayr Ballandean Biloela Blackall Bowen Bundaberg Charleville Charters Towers Chinchilla Clermont Cloncurry Cunnamulla Dalby Emerald Gatton Goondiwindi Gympie Home Hill Hughenden Injune Longreach Mackay Mareeba Mitchell Mundubbera Oakey Pittsworth Quilpie Richmond Rockhampton Roma St George Stanthorpe Tambo Taroom Tolga Toowoomba Tully Wallaville Wandoan Winton Yandina t Tasmania (2 locations) Latrobe Launceston FACT BOOK 2015 Agrium 47 landmark retail locations (Dec, 2014) v w Victoria Western Australia (44 locations) Alexandra Ararat Bairnsdale Ballarat South Bannockburn Benalla Bendigo Berriwillock Birchip Casterton Cobden Dandenong P Donald Echuca Elmore Euroa Foster Hamilton Horsham Kaniva Kerang Kyneton Leongatha Manangatang Mildura Nangiloc Ouyen Robinvale Seymour Shepparton Skipton St Arnaud Stawell Swan Hill Timboon Traralgon Wandin (Yarra Valley) Wangaratta Warracknabeal Warrnambool Wodonga Wonthaggi Yarram Yea (24 locations) Albany Badgingarra Broome Bruce Rock Bunbury Carnarvon Dalwallinu Dandaragan Esperance Geraldton Gnowangerup Katanning Kwinana P Lake Grace Manjimup Merredin Midvale Moora Mount Barker Mullewa Narrogin Salmon Gums Tambellup Wongan Hills PPlants 48 Agrium FACT BOOK 2015 industry participants – u nited states retail Top United States Retail Companies – 2014(1) (by total sales) Rank Company # Headquarters States Location Served # Years in % Crop % Retail CropLife Protection Fertilizer Outlets 100 Sales Sales % Seed Sales % Custom App. (2) 31 34% 47% 16% 3% 48 420 30 39% 39% 18% 4% Bloomington, IL 10 580 28 17% 60% 17% 6% Wilbur-Ellis San Francisco, CA 23 174 29 43% 44% 7% 6% 5 CHS Inver Grove Heights, MN 16 308 28 24% 54% 18% 4% 6 Pinnacle Holdings Memphis, TN 26 160 2 36% 33% 24% 7% 7 Simplot Retail Boise, ID 14 90 30 38% 55% 5% 2% 8 MFA Columbia, MO 5 186 22 22% 55% 18% 5% 9 Southern States Cooperative Richmond, VA 10 201 25 15% 53% 28% 4% 10 Tennessee Farmers Cooperative LaVergne, TN 5 150 23 23% 56% 20% 1% 11 South Dakota Wheat Growers Aberdeen, SD 2 42 24 21% 49% 22% 8% 12 Co-Alliance Avon, IN 3 25 15 21% 56% 18% 5% 13 Central Valley Ag O'Neill, NE 1 23 11 19% 65% 11% 5% 14 Hefty Seed Baltic, SD 9 34 13 67% 10% 23% – 15 Cargill Ag Horizons Wayzata, MN 7 16 28 14% 70% 9% 7% 16 The McGregor Co. Colfax, WA 5 43 31 38% 54% 4% 4% 1 Agrium Retail (CPS) Loveland, CO 45 2 Helena Chemical Collierville, TN 3 GROWMARK 4 (1) (2) 720 Source: CropLife Magazine, CropLife 100 Report, December 2014 720 as per CropLife; Agrium has a total of more than 1,200 retail outlets (869 farm centers, 18 distribution centers, 272 satellites and 57 terminals). FACT BOOK 2015 Agrium 49 AGRICULTURAL STATISTICS 50 Agrium FACT BOOK 2015 agricultural statistics Global Total Grains Supply/Demand (million metric tonnes) Output Total Supply Trade Total Use Ending Stocks Stocks to Use Ratio 2014/15(p) 2,471 2,973 350 2,454 519 21% 2013/14(e) 2,471 2,924 372 2,423 501 21% 2012/13 2,266 2,738 299 2,284 453 20% 2011/12 2,314 2,778 343 2,309 469 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% Year (e)Estimated (p)Projected Source: USDA WASDE-537, January 2015 FACT BOOK 2015 Agrium 51 agricultural statistics Crop Cycles: Growing Seasons for Key Global Regions Seeding Months Harvest Months April – May October – November China February – April July – August Brazil 1 Crop October – December February – June 2 Crop January – February June – September October – December March – June March – May September – November United States – Winter September – October June – August United States – Spring April – May July – September Canada – Spring May – June August – October September – October May – June June – August November – January May – June October – December May – June October – November 1st Crop October – December March – May 2nd Crop April August – September 1 Crop November – January April – May 2 Crop December – January May – June May – June September – November April – May September – October May – August (Kharif) October – January November – February (Rabi) March – May April – May (single crop) August – September March – April (double crop – early) June – July June – July (double crop – late) October – November November – December (center – south) February – May January – February (north and northeast) June – August Corn United States st nd Argentina Western Europe Wheat China – Winter Argentina – Winter Australia Soybeans United States Brazil Argentina st nd Canada Rice United States India China Brazil Source: USDA FAS 52 Agrium FACT BOOK 2015 agricultural statistics Fertilizer Calendar Q1 North America Jan Q2 Feb Mar Apr Q3 May Jun Jul Q4 Aug Sep Oct Nov Dec Corn Soybeans Winter Wheat Canola/Spring Wheat Australia Winter Wheat Argentina Corn Soybeans China Corn (North and South) Rice Winter Wheat Spring Wheat India Rice Winter Wheat Brazil Corn 1st Crop (58% of Total Corn) Corn 2nd Crop (42% of Total Corn) Soybeans Sugarcane Europe Winter Wheat Fertilizer Application Plant Harvest Source:USDA, Major World Crop Areas and Climatic Profiles, Agricultural Handbook No. 664 Agrium FACT BOOK 2015 Agrium 53 agricultural statistics Crops: Area, Production and Stocks – United States (million bushels and million acres) Wheat Area Planted Area Harvested Yield (bu/ac) Produced Total Use Ending Stocks 2014/15(p) 56.8 46.4 43.7 2,026 2,109 687 33% 6.10 2013/14(e) 56.2 45.3 47.1 2,135 2,431 590 24% 6.87 2012/13 55.3 48.8 46.2 2,252 2,400 718 30% 7.77 2011/12 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 Area Planted Area Harvested Yield (bu/ac) Produced Total Use Ending Stocks 2014/15(p) 83.7 83.1 47.8 3,969 3,666 410 11% 10.20 2013/14(e) 76.8 76.3 44.0 3,358 2,478 92 4% 13.00 2012/13 77.2 76.1 40.0 3,042 3,111 141 5% 14.40 2011/12 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 Year Stocks to Avg. Farm Use Ratio Price ($/bu) Soybeans Year (e)Estimated (p)Projected Source: USDA WASDE-537, January 2015 54 Agrium FACT BOOK 2015 Stocks to Avg. Farm Use Ratio Price ($/bu) agricultural statistics Corn Supply and Use – United States (million bushels and million acres) Year Begin Area Area Stocks Planted Harvested Yield Produced (bu/ac) Total Supply Total Exports End Stocks to Days Dom Stocks Use Ratio Supply Use Avg Farm Price ($/bu) 2014/15(p) 1,232 91 83 171 14,216 15,472 13,595 1,750 1,877 14% 50 3.65 2013/14(e) 821 95 88 158 13,829 14,686 13,454 1,917 1,232 9% 33 4.46 2012/13 989 97 87 123 10,755 11,904 11,083 730 821 7% 27 6.89 2011/12 1,128 92 84 147 12,360 13,517 10,985 1,543 989 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 (e)Estimated (p)Projected Source: USDA WASDE-537, January 2015 FACT BOOK 2015 Agrium 55 agricultural statistics Planted Area and Production by Crop – Western Canada Area(1) (‘000 of acres) 2014(e) 2013 2012 2011 2010 2009 2008 2007 Winter Wheat 875 935 1,245 619 605 915 1,370 1,050 Spring Wheat 17,158 18,818 16,720 15,496 16,159 16,705 15,930 14,787 Durum Wheat 4,750 4,965 4,680 4,011 3,150 5,660 6,030 4,765 Oats 2,478 2,860 2,548 2,879 2,585 3,315 3,930 4,890 Barley 5,554 6,695 7,005 6,191 6,405 8,150 8,780 10,255 210 225 300 260 275 365 350 300 1,555 1,050 980 740 915 1,685 1,560 1,305 20,255 19,835 21,895 18,860 17,475 16,450 16,060 15,700 3,795 3,325 3,730 2,436 3,625 3,760 3,985 3,630 56,630 58,708 59,102 51,491 51,194 57,006 57,995 56,681 4,595 3,800 4,335 11,763 10,671 5,936 5,951 7,065 2014(e) 2013 2012 2011 2010 2009 2008 2007 Winter Wheat 1,203 1,468 1,949 825 869 1,119 1,983 1,389 Spring Wheat 20,880 26,939 18,540 17,719 17,169 18,132 17,904 13,361 Durum Wheat 5,193 6,505 4,627 4,172 3,025 5,400 5,519 3,681 Oats 2,615 3,607 2,495 2,839 2,071 2,579 3,959 4,210 Barley 6,702 9,748 7,489 7,432 6,984 8,925 11,214 10,238 Rye 154 194 307 210 197 243 252 209 Flaxseed 847 724 489 399 419 915 861 634 15,496 17,876 13,767 14,498 12,688 12,830 12,560 9,555 3,445 3,961 3,341 2,502 3,018 3,379 3,565 2,935 56,535 71,022 53,002 50,597 46,439 53,521 57,816 46,211 Rye Flaxseed Canola Peas Major Crops Summer Fallow Production (‘000 of tonnes) Canola Peas Major Crops (1) Refers to seeded area. (e)Estimated Source: CANSIM Table 001-0010, Statistics Canada, January 2015. All Source data now taken from CANSIM table. 56 Agrium FACT BOOK 2015 agricultural statistics Crop Production – Argentina Area Harvested Yield Production (millions ha) (tonnes/ha) (millions tonnes) 2014/15(p) 2.95 7.97 23.50 2013/14(e) 3.40 7.65 26.00 2012/13 4.00 6.75 27.00 2011/12 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 2014/15(p) 19.80 2.83 56.00 2013/14(e) 19.80 2.73 54.00 2012/13 19.40 2.54 49.30 2011/12 17.58 2.28 40.10 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 Corn seed December, harvest April Soybean seed November, harvest May (e)Estimated (p)Projected Source: USDA FAS PSD Database USDA FAS Circular Series, WAP 1-14, January 2015 FACT BOOK 2015 Agrium 57 agricultural statistics Crop Production – Argentina Area Harvested Yield Production (millions ha) (tonnes/ha) (millions tonnes) 2014/15(p) 4.20 2.98 12.50 2013/14(e) 3.50 3.00 10.50 2012/13 3.60 2.58 9.30 2011/12 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 Wheat seed June, harvest January (e)Estimated (p)Projected Source: USDA FAS PSD Database USDA FAS Circular Series, 1-14, January 2015 58 Agrium FACT BOOK 2015 agricultural statistics Crop Production – Brazil Area Harvested Yield Production (millions ha) (tonnes/ha) (millions tonnes) 2014/15(p) 15.00 5.00 75.00 2013/14(e) 15.80 5.06 80.00 2012/13 15.80 5.16 81.50 2011/12 15.20 4.80 73.00 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 2014/15(p) 31.50 3.00 94.50 2013/14(e) 30.10 2.88 86.70 2012/13 27.70 2.96 82.00 2011/12 25.00 2.66 66.50 2010/11 24.20 3.11 75.30 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 Corn Soybean (e)Estimated (p)Projected Source: USDA FAS PSD Database USDA FAS Circular Series, WAP 1-14, January 2015 FACT BOOK 2015 Agrium 59 agricultural statistics Crop Production – Europe and Former Soviet Union(1) Area Harvested Yield Production (millions ha) (tonnes/ha) (millions tonnes) 2014/15(p) 28.14 3.44 96.94 2013/14(e) 27.22 3.31 90.06 2012/13 26.66 3.08 82.03 2011/12 26.56 3.21 85.30 2010/11 24.91 3.07 76.41 2009/10 30.12 3.31 99.56 2008/09 31.80 3.42 108.74 2007/08 29.86 2.89 86.22 2006/07 32.08 2.88 92.27 2005/06 29.98 2.86 85.81 2014/15(p) 9.37 3.07 28.78 2013/14(e) 9.54 2.71 25.85 2012/13 8.50 2.69 22.87 2011/12 8.90 2.51 22.34 2010/11 9.12 2.58 23.48 2009/10 8.66 2.88 24.97 2008/09 8.67 2.69 23.36 2007/08 8.29 2.47 20.50 2006/07 6.50 2.69 17.49 2005/06 5.49 2.99 16.40 Barley Canola (1) EU-28: Austria, Belgium, Bulgaria, Croatia, 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, Former Yugoslavia, Gibraltar, Iceland, Kosovo, Macedonia, Montenegro, Norway, Serbia, Switzerland (e) Estimated (p) Projected Source:USDA FAS PSD Database USDA FAS Circular Series, WAP 1-14, January 2015 60 Agrium FACT BOOK 2015 agricultural statistics Crop Production – Europe and Former Soviet Union(1) Area Harvested Yield Production (millions ha) (tonnes/ha) (millions tonnes) 2014/15(p) 19.34 6.51 125.87 2013/14(e) 19.55 6.08 118.89 2012/13 18.71 5.14 96.12 2011/12 16.86 6.53 110.05 2010/11 14.44 5.89 85.00 2009/10 14.21 5.97 84.84 2008/09 15.89 5.93 94.25 2007/08 14.48 4.72 68.31 2006/07 13.84 5.53 76.50 2005/06 14.53 5.84 84.93 2014/15(p) 17.02 1.73 29.50 2013/14(e) 17.91 1.82 32.54 2012/13 17.08 1.47 25.10 2011/12 18.29 1.59 29.14 2010/11 15.87 1.36 21.53 2009/10 15.57 1.42 22.07 2008/09 15.18 1.49 22.64 2007/08 12.46 1.23 15.32 2006/07 15.07 1.33 20.09 2005/06 13.76 1.34 18.42 Corn Sunflower Seed (1) EU-28: Austria, Belgium, Bulgaria, Croatia, 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, Former Yugoslavia, Gibraltar, Iceland, Kosovo, Macedonia, Montenegro, Norway, Serbia, Switzerland (e) Estimated (p) Projected Source:USDA FAS PSD Database USDA FAS Circular Series, WAP 1-14, January 2015 FACT BOOK 2015 Agrium 61 agricultural statistics Crop Production – Europe and Former Soviet Union(1) Area Harvested Yield Production (millions ha) (tonnes/ha) (millions tonnes) 2014/15(p) 74.27 3.66 272.19 2013/14(e) 74.49 3.38 251.80 2012/13 70.79 3.04 215.26 2011/12 76.41 3.36 256.76 2010/11 72.65 3.04 220.88 2009/10 79.53 3.24 257.55 2008/09 78.29 3.47 271.43 2007/08 72.17 3.01 216.87 2006/07 70.24 3.05 213.93 2005/06 74.51 3.05 227.30 Wheat (1) EU-28: Austria, Belgium, Bulgaria, Croatia, 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, Former Yugoslavia, Gibraltar, Iceland, Kosovo, Macedonia, Montenegro, Norway, Serbia, Switzerland (e) Estimated (p) Projected Source:USDA FAS PSD Database USDA FAS Circular Series, WAP 1-14, January 2015 62 Agrium FACT BOOK 2015 agricultural statistics Crop Production – Asia(1) Area Harvested Yield Production (millions ha) (tonnes/ha) (millions tonnes) 2014/15(p) 58.11 4.81 279.47 2013/14(e) 57.44 4.93 283.18 2012/13 55.35 4.81 266.36 2011/12 53.65 4.68 251.26 2010/11 52.10 4.47 232.67 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 2014/15(p) 141.90 3.02 425.60 2013/14(e) 142.09 3.02 428.55 2012/13 140.04 3.03 424.03 2011/12 141.54 2.97 420.65 2010/11 138.90 2.89 400.76 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 Corn Rice (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 FAS Circular Series, WAP 1-14, January 2015 FACT BOOK 2015 Agrium 63 agricultural statistics Crop Production – Asia(1) Area Harvested Yield Production (millions ha) (tonnes/ha) (millions tonnes) 2014/15(p) 20.58 3.51 72.21 2013/14(e) 19.93 3.74 74.45 2012/13 20.78 3.56 74.04 2011/12 21.18 3.53 74.82 2010/11 19.07 3.43 67.53 2009/10 19.04 3.48 66.19 2008/09 18.78 3.67 68.85 2007/08 19.07 3.69 70.34 2006/07 18.83 3.59 67.65 2005/06 17.78 3.26 58.03 2014/15(p) 67.98 3.78 256.79 2013/14(e) 67.17 3.71 249.13 2012/13 67.18 3.71 249.06 2011/12 66.20 3.57 236.09 2010/11 65.85 3.45 227.49 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 Cotton Units of measure are “million 480lb bales” Wheat (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 FAS Circular Series, WAP 1-14, January 2015 64 Agrium FACT BOOK 2015 agricultural statistics Crop Production – China Area Harvested Yield Production (millions ha) (tonnes/ha) (millions tonnes) 2014/15(p) 24 5.23 126 2013/14(e) 24 5.06 122 2012/13 24 4.99 121 2011/12 24 4.84 117 2010/11 24 4.75 115 2009/10 24 4.74 115 2008/09 24 4.76 112 2007/08 24 4.61 109 2006/07 24 4.59 108 2005/06 23 4.28 97 2014/15(p) 37 5.82 216 2013/14(e) 36 6.02 218 2012/13 35 5.87 206 2011/12 34 5.75 193 2010/11 33 5.45 177 2009/10 31 5.26 164 2008/09 30 5.56 166 2007/08 29 5.17 152 2006/07 28 5.33 152 2005/06 26 5.29 139 Wheat Corn (e)Estimated (p)Projected Source: USDA FAS PSD Database USDA FAS Circular Series, WAP 1-14, January 2015 FACT BOOK 2015 Agrium 65 agricultural statistics Crop Production – China Area Harvested Yield Production (millions ha) (tonnes/ha) (millions tonnes) 2014/15(p) 30 6.81 145 2013/14(e) 30 6.72 143 2012/13 30 6.78 143 2011/12 30 6.69 141 2010/11 30 6.55 137 2009/10 30 6.59 137 2008/09 29 6.56 134 2007/08 29 6.43 130 2006/07 29 6.28 127 2005/06 29 6.26 126 Rice (e)Estimated (p)Projected Source: USDA FAS PSD Database USDA FAS Circular Series, WAP 1-14, January 2015 66 Agrium FACT BOOK 2015 agricultural statistics Crop Production – India Area Harvested Yield Production (millions ha) (tonnes/ha) (millions tonnes) 2014/15(p) 31 3.13 96 2013/14(e) 30 3.12 94 2012/13 30 3.18 95 2011/12 29 2.99 87 2010/11 28 2.84 81 2009/10 28 2.91 81 2008/09 28 2.79 79 2007/08 28 2.71 76 2006/07 26 2.63 69 2005/06 27 2.59 69 2014/15(p) 43 3.58 103 2013/14(e) 44 3.64 107 2012/13 42 3.72 105 2011/12 44 3.58 105 2010/11 43 3.36 96 2009/10 42 3.19 89 2008/09 45 3.28 99 2007/08 44 3.31 97 2006/07 44 3.18 93 2005/06 43 3.17 92 Wheat Rice (e)Estimated (p)Projected Source: USDA FAS PSD Database USDA FAS Circular Series, WAP 1-14, January 2015 FACT BOOK 2015 Agrium 67 agricultural statistics Crop Production – Australia and New Zealand Area Harvested Yield Production (millions ha) (tonnes/ha) (millions tonnes) 2014/15(p) 3.87 2.16 8.36 2013/14(e) 4.00 2.52 10.09 2012/13 3.71 2.13 7.91 2011/12 3.78 2.26 8.54 2010/11 3.73 2.22 8.30 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 2014/15(p) 2.71 1.26 3.41 2013/14(e) 2.65 1.43 3.80 2012/13 3.27 1.27 4.14 2011/12 2.46 1.39 3.43 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 Barley Canola (e)Estimated (p)Projected Source: USDA FAS PSD Database USDA FAS Circular Series, WAP 1-14, January 2015 68 Agrium FACT BOOK 2015 agricultural statistics Crop Production – Australia and New Zealand Area Harvested Yield Production (millions ha) (tonnes/ha) (millions tonnes) 2014/15(p) 0.73 1.59 1.16 2013/14(e) 0.73 1.79 1.30 2012/13 0.73 1.55 1.14 2011/12 0.74 1.75 1.29 2010/11 0.84 1.41 1.18 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 2014/15(p) 0.66 3.03 2.00 2013/14(e) 0.49 2.25 1.11 2012/13 0.65 3.44 2.23 2011/12 0.66 3.40 2.24 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 Oats Sorghum (e)Estimated (p)Projected Source: USDA FAS PSD Database USDA FAS Circular Series, WAP 1-14, January 2015 FACT BOOK 2015 Agrium 69 agricultural statistics Crop Production – Australia and New Zealand Area Harvested Yield Production (millions ha) (tonnes/ha) (millions tonnes) 2014/15(p) 13.86 1.77 24.51 2013/14(e) 13.52 2.02 27.38 2012/13 13.03 1.79 23.35 2011/12 13.96 2.17 30.29 2010/11 13.56 2.05 27.86 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 2014/15(p) 0.24 2.04 0.48 2013/14(e) 0.44 2.05 0.89 2012/13 0.45 2.25 1.00 2011/12 0.66 1.83 1.20 2010/11 0.58 1.58 0.91 2009/10 0.20 1.93 0.39 2008/09 0.16 1.99 0.33 2007/08 0.07 2.14 0.14 2006/07 0.14 2.04 0.29 2005/06 0.34 1.81 0.61 Wheat Cotton (e)Estimated (p)Projected Source: USDA FAS PSD Database UUSDA FAS Circular Series, WAP 1-14, January 2015 70 Agrium FACT BOOK 2015 agricultural statistics Crop Supply and Use – Australia (millions of bushels and millions acres) Year Begin Area Stocks Harvested Yield (bu/ac) Produced Total Total Supply Dom. Use Imports Exports End Stocks Barley 2014/15(p) 0.69 3.80 2.09 7.95 8.64 3.00 - 5.00 0.64 2013/14(e) 0.54 3.94 2.45 9.67 10.21 3.30 - 6.22 0.69 2012/13 0.55 3.64 2.05 7.47 8.02 3.00 - 4.48 0.54 2011/12 1.00 3.72 2.21 8.22 9.23 3.30 - 5.38 0.55 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 Wheat 2014/15(p) 6.16 13.80 1.74 24.00 30.31 7.50 0.15 17.00 5.18 2013/14(e) 4.65 13.47 2.00 26.93 31.73 6.95 0.15 18.62 6.16 2012/13 7.05 12.98 1.76 22.86 30.05 6.74 0.14 18.66 4.65 2011/12 8.18 13.90 2.15 29.91 38.22 6.51 0.13 24.66 7.05 2010/11 5.07 13.50 2.03 27.41 32.60 5.82 0.12 18.60 8.18 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 (e)Estimated (p)Projected Source: USDA FAS PSD Database USDA WASDE-537, January 2015 FACT BOOK 2015 Agrium 71 agricultural statistics Crop Production – Africa(1) Area Harvested Yield Production (millions ha) (tonnes/ha) (millions tonnes) 2014/15(p) 9.87 2.46 24.28 2013/14(e) 9.94 2.73 27.09 2012/13 10.18 2.34 23.86 2011/12 9.88 2.47 24.42 2010/11 9.44 2.25 21.29 2009/10 10.25 2.62 26.86 2008/09 9.45 2.14 20.25 2007/08 9.30 2.12 19.66 2006/07 9.86 2.49 24.58 2014/15(p) 34.11 1.96 66.90 2013/14(e) 33.96 2.08 70.66 2012/13 33.42 1.99 66.46 2011/12 34.70 1.95 67.81 2010/11 32.79 1.97 64.64 2009/10 31.61 1.94 61.30 2008/09 29.84 1.88 55.99 2007/08 27.93 1.92 53.53 2006/07 29.17 1.69 49.30 Wheat Corn (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'Ivoire, 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. (e) Estimated (p) Projected Source: USDA FAS PSD Database USDA FAS Circular Series, WAP 1-14, January 2015 72 Agrium FACT BOOK 2015 agricultural statistics Crop Production – Africa(1) Area Harvested Yield Production (millions ha) (tonnes/ha) (millions tonnes) 2014/15(p) 20.91 0.72 15.03 2013/14(e) 20.63 0.73 15.01 2012/13 19.94 0.83 16.50 2011/12 20.14 0.55 11.01 2010/11 21.39 0.77 16.52 2009/10 20.39 0.73 14.81 2008/09 21.64 0.69 14.97 2007/08 20.87 0.65 13.59 2006/07 20.99 0.75 15.83 2014/15(p) 25.28 0.99 24.91 2013/14(e) 25.23 0.94 23.60 2012/13 23.12 1.11 25.56 2011/12 29.47 0.87 25.65 2010/11 25.54 0.94 24.10 2009/10 25.10 0.94 23.51 2008/09 27.41 1.01 27.56 2007/08 26.58 1.02 27.03 2006/07 26.24 1.00 26.34 Millet Sorghum (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. (e) Estimated (p) Projected Source: USDA FAS PSD Database USDA FAS Circular Series, WAP 1-14, January 2015 FACT BOOK 2015 Agrium 73 agricultural statistics Crop Production – Middle East(1) Area Harvested Yield Production (millions ha) (tonnes/ha) (millions tonnes) 2014/15(p) 6.71 1.29 8.65 2013/14(e) 7.35 1.69 12.45 2012/13 6.92 1.49 10.30 2011/12 7.02 1.67 11.69 2010/11 7.27 1.58 11.47 2009/10 6.66 1.70 11.34 2008/09 5.40 1.49 8.03 2007/08 7.79 1.42 11.03 2006/07 7.66 1.63 12.48 2014/15(p) 1.10 5.97 6.55 2013/14(e) 1.12 6.02 6.75 2012/13 1.13 5.62 6.33 2011/12 1.27 5.65 7.16 2010/11 0.97 6.67 6.45 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 Barley Corn (1) Middle East: Bahrain, Gaza Strip, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, Turkey, United Arab Emirates, West Bank, Yemen (e) Estimated (p) Projected Source: USDA FAS Circular Series, WAP 1-14, January 2015 74 Agrium FACT BOOK 2015 agricultural statistics Crop Production – Middle East(1) Area Harvested Yield Production (millions ha) (tonnes/ha) (millions tonnes) 2014/15(p) 18.61 1.89 35.17 2013/14(e) 19.20 2.17 41.71 2012/13 18.32 2.01 36.88 2011/12 17.72 2.22 39.28 2010/11 18.75 2.06 38.64 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 Wheat (1) Middle East: Bahrain, Gaza Strip, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, Turkey, United Arab Emirates, West Bank, Yemen (e) Estimated (p) Projected Source: USDA FAS Circular Series, WAP 1-14, January 2015 FACT BOOK 2015 Agrium 75 FERTILIZER STATISTICS 76 Agrium FACT BOOK 2015 fertilizer statistics Fertilizer Consumption by Region Forecast Consumption 2014 (‘000 metric nutrient tonnes) N P K Total NPK % share of world consumption NPK Western Europe 8,272 1,863 2,153 12,288 7% Central Europe 2,969 752 664 4,385 2% Eastern Europe and Central Asia 4,206 1,247 1,165 6,618 4% 13,959 4,794 4,636 23,390 13% Latin America and the Caribbean 7,974 6,517 6,786 21,277 12% Africa 3,668 1,483 629 5,780 3% West Asia 2,997 994 234 4,225 2% South Asia 21,509 7,151 2,577 31,237 17% East Asia 44,513 15,553 11,415 71,481 39% Oceania 1,691 1,231 381 3,303 2% 111,757 41,586 30,640 183,983 Region(1) North America World (1)See Constants and Conversions for IFA Regional Classifications. Source: IFA Short-Term Prospects for World Agriculture and Fertilizer Demand 2013/14-2015/16 Fertilizer Consumption by Country Consumption Estimated 2013/14 – Top Ten (‘000 metric nutrient tonnes per year) Rank N P K Total NPK 1 China 34,699 China 11,337 China 5,476 China 51,512 2 India 17,225 India 6,890 Brazil 5,040 India 26,270 3 United States 11,703 Brazil 4,570 United States 4,200 United States 19,790 4 Brazil 3,710 United States 3,887 India 2,155 Brazil 13,320 5 Indonesia 3,422 Canada 887 Bangladesh 575 Indonesia 4,714 6 Pakistan 3,233 Indonesia 826 France 490 Pakistan 3,999 7 Canada 2,457 Australia 810 Indonesia 466 Canada 3,712 8 France 2,150 Pakistan 741 Poland 460 France 3,130 9 Russia 1,806 Bangladesh 640 Russia 404 Russia 2,814 10 Turkey 1,360 Russia 604 Spain 372 Bangladesh 2,365 Top 10 81,765 31,191 19,638 131,625 World 111,757 41,586 30,640 183,983 Source: IFA Short-Term Prospects for World Agriculture and Fertilizer Demand 2013/14-2015/16 IFA Fertilizer Consumption 2012/13-2017/18 Country Reports CANSIM, Table 001-0069 FACT BOOK 2015 Agrium 77 fertilizer statistics Fertilizer Production by Region Capacity Estimated 2014 (‘000 metric nutrient tonnes per year) N P K NPK % share of world capacity NPK Western Europe 9,917 565 5,590 16,072 6% Central Europe 6,464 922 - 7,386 3% Eastern Europe and Central Asia 22,555 4,931 15,845 43,331 15% North America 14,348 9,641 18,568 42,557 15% Latin America 9,966 2,805 1,943 14,714 5% Africa 8,281 8,858 - 17,139 6% West Asia 14,459 4,244 3,960 22,663 8% South Asia 17,463 2,170 - 19,633 7% East Asia 73,084 20,856 5,625 99,565 35% Oceania 1,833 600 - 2,433 1% 178,371 55,592 51,531 285,494 100% Region(1) World Global Fertilizer Capacity by Country Countries Estimated 2014 – Top Ten (‘000 metric nutrient tonnes per year) Rank N P 19,280 Canada K 17,038 China Total NPK 1 China 63,759 China 2 Russia 12,685 United States 9,296 Russia 8,065 Russia 24,120 3 India 12,292 Morocco 5,340 Belarus 7,600 Canada 21,756 4 United States 9,975 Russia 3,370 China 5,193 United States 20,801 5 Indonesia 5,394 India 2,089 Germany 4,250 India 14,381 6 Trinidad and Tobago 4,928 Tunisia 2,013 Israel 2,460 Belarus 8,704 7 Ukraine 4,609 Brazil 1,580 Chile 1,550 Germany 7,087 8 Canada 4,373 Saudi Arabia 1,380 United States 1,530 Indonesia 5,794 9 Egypt 3,732 Jordan 1,215 Jordan 1,500 Ukraine 5,061 10 Pakistan 3,599 Mexico 958 Spain 715 Trinidad and Tobago 88,232 4,928 Top 10 125,346 46,521 49,901 200,864 World 178,371 55,592 51,531 285,494 (1)See Constants and Conversions for IFA Regional Classifications. Source: IFA World Potash Capacities 2014, June 2014 IFA World Processed Phosphates Capacities 2014, July 2014 IFA World Ammonia Capacities 2014, June 2014 78 Agrium FACT BOOK 2015 fertilizer statistics Global Nutrient Trade Data: Imports and Exports (‘000 metric nutrient tonnes per year of nitrogen-urea & 46% nitrogen) Urea Total Exports Rank Exporting Regions 2013 2012 2011 Primary Destination 2013 1 China 3,802 3,196 1,852 India 2 Qatar 2,491 1,944 1,337 United States 3 Russia 2,388 2,222 2,259 Brazil 4 Oman 1,602 1,447 1,540 India 5 Saudi Arabia 1,418 1,425 1,471 Thailand 6 Ukraine 1,172 1,654 1,642 Turkey 7 Iran 1,037 1,353 1,091 India 8 Egypt 923 1,040 1,406 France 9 Abu Dhabi, UAE 602 270 305 United States Indonesia 582 454 337 United States World 20,630 19,812 18,057 10 Total Total Imports Rank Importing Regions 2013 2012 2011 Primary Source 2013 1 India 3,527 3,678 3,540 China 2 United States 2,809 3,256 2,403 Canada 3 Brazil 1,802 1,402 1,386 Russia 4 Thailand 1,113 1,039 1,047 Saudi Arabia 5 Australia 867 674 758 Qatar 6 Turkey 793 660 526 Ukraine 7 Mexico 645 833 694 Russia 8 Pakistan 518 491 614 China (1) 437 347 472 Qatar Philippines 406 340 319 China Total Top 10 12,915 12,719 11,757 Total World 20,630 19,812 18,057 9 10 Bangladesh (1) Data for Bangladesh includes Kafco only. Source: IFA Urea Statistics 2013 Annual, October 2014 Regional Sections: West Asia: Abu Dhabi, Iran, Oman, Qatar, Saudi Arabia Other Asia and Oceania: Bangladesh(1), India, Pakistan, Philippines, Thailand, Australia FACT BOOK 2015 Agrium 79 fertilizer statistics Global Nutrient Trade Data: Imports and Exports (‘000 metric nutrient tonnes per year of nitrogen) Ammonia Total Exports Rank Exporting Regions 2013 2012 2011 Primary Destination 2013 1 Trinidad and Tobago 3,481 3,704 3,797 United States 2 Russia 2,821 2,650 2,738 United States 3 Saudi Arabia 1,171 1,298 1,334 Korea Republic 4 Ukraine 1,064 1,002 1,091 United States 5 Canada 1,032 963 992 United States 6 Australia 532 372 317 Korea Republic 7 Indonesia 513 787 856 Korea Republic 8 Qatar 497 562 444 India 9 Algeria 489 635 536 Spain Iran 379 444 855 India World 14,952 15,439 15,964 10 Total Total Imports Rank Importing Regions 2013 2012 2011 Primary Source 2013 1 United States 4,874 5,102 5,454 Trinidad and Tobago 2 India 1,468 1,450 1,600 Iran 3 Korea Republic 1,010 1,003 997 Saudi Arabia 4 France 684 633 566 Algeria 5 Belgium 652 602 654 Russia 6 Turkey 549 519 570 Russia 7 Morocco 501 662 654 Russia 8 Germany 499 350 345 Netherlands 9 Taiwan, China 453 534 574 Saudi Arabia Spain 350 326 308 Algeria Total Top 10 11,040 11,180 11,721 Total World 14,952 15,439 15,964 10 Source: IFA Ammonia Statistics 2013 Annual, October 2014 Regional Sections: West Asia: Israel, Joradn, Saudi Arabia, Turkey Other Asia and Oceania: India, Pakistan, Philippines, Thailand, Australia 80 Agrium FACT BOOK 2015 fertilizer statistics Global Nutrient Trade Data: Imports and Exports (‘000 metric nutrient tonnes per year of phosphate) MAP and DAP Total Exports Rank Exporting Regions 2013 2012 2011 Primary Destination 2013 1 United States 2,261 2,208 2,662 Canada 2 China 2,083 2,083 2,246 India 3 Morocco 1,503 1,778 1,518 Brazil 4 Russia 1,449 1,426 1,712 Brazil 5 Saudi Arabia 862 623 199 India 6 Lithuania 373 340 378 Germany 7 Tunisia 371 257 163 Turkey 8 Mexico 313 306 310 Chile 9 Jordan 260 251 336 Turkey Australia 149 199 208 Bangladesh World 9,893 9,799 10,187 10 Total Total Imports Rank Importing Regions 2013 2012 2011 Primary Source 2013 1 India 1,741 2,803 3,427 China 2 Brazil 1,751 1,379 1,448 Morocco 3 Pakistan 373 233 253 China 4 Argentina 369 466 430 United States 5 United States 367 331 337 Morocco 6 Australia 343 339 360 United States 7 Canada 332 282 352 United States 8 Vietnam 270 199 228 China 9 Thailand 250 271 234 Saudi Arabia Japan 241 212 186 United States Total Top 10 6,097 6,513 7,255 Total World 9,893 9,799 10,187 10 Source: IFA Processed Phosphates Statistics 2013 Annual, October 2014 Regional Sections: Africa: Morocco, Senegal, South Africa, Tunisia West Asia: Israel, Jordan, Saudi Arabia, Turkey Europe, Other Asia, and Oceania: Bulgaria, Finland, Lithuania, Spain, Korea Republic, Philippines, Australia FACT BOOK 2015 Agrium 81 fertilizer statistics Global Nutrient Trade Data: Imports and Exports (‘000 metric nutrient tonnes per year of potash) Potash Total Exports Rank Exporting Regions 2013 2012 1 Canada 9,742 8,374 10,045 United States 2 Russia 4,815 4,382 5,460 China 3 Belarus 3,418 3,608 4,719 China 4 Germany 2,784 2,730 2,502 Brazil 5 Israel 2,500 2,313 2,734 Brazil 6 Jordan 947 888 1,217 India 7 Chile 783 754 561 Brazil World 25,269 23,277 27,377 Total 2011 Primary Destination 2013 Total Imports Rank Importing Regions 2013 2012 2011 Primary Source 2013 1 Brazil 4,965 4,641 4,417 Canada 2 United States 4,492 4,015 4,590 Canada 3 China 3,719 3,166 4,258 Belarus/Russia 4 India 2,105 1,658 3,022 Belarus/Russia 5 Indonesia 1,391 1,441 1,942 Canada 6 Malaysia 1,039 963 1,313 Canada 7 Belgium 672 610 647 Belarus/Russia 8 Vietnam 538 443 554 Belarus/Russia 9 Poland 430 431 426 Belarus/Russia Thailand 430 347 486 Canada Total Top 10 19,780 17,713 21,656 Total World 25,269 23,277 27,377 10 Source: IFA Potash Statistics 2013 Detailed Report, Annual Final Report, October 2014 82 Agrium FACT BOOK 2015 fertilizer statistics Global Nutrient Consumption (‘000 metric nutrient tonnes per year. Does not include industrial use.) 2014 /2015 N 2013 /2014 2012 /2013 2011 /2012 2010 /2011 2009 /2010 2008 /2009 114,298 112,181 108,798 107,867 104,327 101,865 2007 /2008 2006 /2007 2005 /2006 2004 /2005 97,663 101,155 96,136 93,196 90,503 Growth 1.89% 3.11% 0.86% 3.39% 2.42% 4.30% -3.45% 5.22% 3.15% 2.98% 3.32% P 42,645 41,655 41,064 41,377 40,507 37,484 33,712 38,449 38,946 36,713 37,505 Growth 2.38% 1.44% -0.76% 2.15% 8.06% 11.19% -12.32% -1.28% 6.08% -2.11% 7.05% K 30,951 30,197 28,689 27,987 27,435 23,522 28,896 27,635 35,846 27,654 Growth 2.50% 5.26% 2.51% 2.01% 16.64% 0.51% -19.01% 4.56% -22.91% 29.62% 5.76% 23,403 Growth in Global Nutrient Consumption Thousands of Metric Nutrient Tonnes 120,000 100,000 80,000 60,000 40,000 20,000 0 N P K Nutrient Type 2003/2004 2013/2014 Source: IFA Medium-Term Outlook for World Agriculture and Fertilizer Demand 2013/2014-2018/2019 FACT BOOK 2015 Agrium 83 fertilizer statistics 2014 Global Nitrogenous Fertilizer Supply/Demand Balance (‘000 metric nutrient tonnes per year) Region(1) Capacity Production Capability Non-Fertilizer Use Fertilizer Demand Total Demand Western Europe 9,920 9,720 4,570 8,140 13,020 Central Europe 6,460 5,560 720 2,890 3,700 Eastern Europe and Central Asia 22,550 20,100 1,940 4,640 6,740 North America 14,350 13,710 4,350 14,110 18,910 Latin America 9,970 8,780 1,390 8,000 9,630 Africa 8,280 6,280 570 3,750 4,420 West Asia 14,460 13,960 610 3,020 3,720 South Asia 17,460 15,570 600 22,520 23,700 East Asia 73,080 57,300 15,940 44,990 61,310 Oceania 1,830 1,770 980 1,590 2,640 178,360 152,750 31,670 113,650 147,790 World 2014 Global Urea Supply/Demand Balance (‘000 metric product tonnes per year) Region(1) Capacity Production Capability Non-Fertilizer Use Fertilizer Demand Total Demand Western Europe 6,670 6,360 4,480 4,420 8,900 Central Europe 4,180 3,790 730 2,580 3,310 Eastern Europe and Central Asia 17,290 15,270 1,160 3,380 4,530 North America 11,220 10,450 2,310 14,260 16,570 Latin America 7,350 6,640 1,050 11,310 12,350 Africa 10,210 7,910 170 4,970 5,140 West Asia 23,290 23,220 710 4,270 4,980 South Asia 33,380 32,040 390 40,540 40,930 East Asia 98,040 81,900 19,460 60,980 80,440 530 580 250 2,390 2,650 212,160 188,160 30,710 149,100 179,800 Oceania World (1)See Constants and Conversions for IFA Regional Classifications. Source: IFA Fertilizers and Raw Materials Global Supply 2014-2018 84 Agrium FACT BOOK 2015 fertilizer statistics 2014 Global Phosphoric Acid Supply/Demand Balance (‘000 metric nutrient tonnes per year of phosphate) Region(1) Capacity Production Capability Non-Fertilizer Use Fertilizer Demand Total Demand Western Europe 570 480 470 1,710 2,220 Central Europe 920 360 80 610 710 Eastern Europe and Central Asia 4,930 3,740 290 890 1,200 North America 9,640 8,690 850 4,800 5,760 Latin America 2,810 2,070 770 5,900 6,800 Africa 8,860 7,420 510 1,090 1,620 West Asia 4,260 3,010 350 1,010 1,390 South Asia 2,170 1,700 100 7,360 7,610 20,860 18,740 2,180 13,160 15,640 600 480 - 800 810 55,620 46,690 5,600 37,330 43,760 East Asia Oceania World 2014 Global Potash Supply/Demand Balance (‘000 metric nutrient tonnes per year of potash) Region(1) Capacity Production Capability Non-Fertilizer Use Fertilizer Demand Total Demand 5,590 4,050 400 2,200 2,680 - - 30 720 770 Eastern Europe and Central Asia 14,850 13,440 40 1,280 1,360 North America 18,570 15,790 1,010 4,720 5,850 Latin America 1,940 1,790 50 6,620 6,810 - - 70 570 660 3,960 3,720 90 240 340 - - 20 3,080 3,190 5,630 4,780 1,120 11,000 12,610 - - - 360 360 50,540 43,570 2,830 30,790 34,630 Western Europe Central Europe Africa West Asia South Asia East Asia Oceania World (1)See Constants and Conversions for IFA Regional Classifications. Source: IFA Fertilizers and Raw Materials Global Supply 2014-2018 FACT BOOK 2015 Agrium 85 fertilizer statistics International Fertilizer Prices – Historical US$/tonne 800 600 400 200 0 1999 2000 Source: Green Markets 86 Agrium FACT BOOK 2015 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 DAP, Tampa FOB Ammonia, Black Sea FOB Potash, Vancouver FOB Urea Prill, Middle East FOB 2013 2014 fertilizer statistics World Population vs. Global Fertilizer Consumption 8.00 250 200 6.00 5.00 150 4.00 100 3.00 2.00 50 1.00 0.00 1960 1970 1980 1990 2000 2010 China Developing Countries (excl. China and India) India Developed Countries/Regions Fertilizer Consumption (million tonnes of N+P+K) Population (billions) 7.00 0 Global Fertilizer Consumption Source: IFA Medium-Term Outlook for World Agriculture and Fertilizer Demand 2011/12-2016/17 and World Bank FACT BOOK 2015 Agrium 87 fertilizer statistics Total Consumption of Fertilizers – North America (‘000 metric nutrient tonnes per year) N P2O5 K 2O Total 2014(f) 11,703 3,887 4,200 19,790 2013(f) 11,925 3,934 4,252 20,111 2012 12,059 4,038 4,350 20,447 2011 12,055 4,032 4,349 20,436 2010 11,645 3,915 4,165 19,725 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 United States (f)Forecast Source:IFADATA IFA Fertilizer Consumption 2012/13-2017/18 Country Reports, June 2013 Note: Fertilizer year data 88 Agrium FACT BOOK 2015 fertilizer statistics Total Consumption of Fertilizers – North America (‘000 metric nutrient tonnes per year) N P2O5 K 2O Total 2014(f) 2,457 887 368 3,712 2013(f) 2,484 831 355 3,670 2012(e) 2,296 799 297 3,392 2011 1,990 723 312 3,025 2010 1,901 630 271 2,802 2009 1,857 576 186 2,619 2008 1,901 669 363 2,933 2007 1,740 635 394 2,769 2006 1,758 567 219 2,545 2005 1,540 610 332 2,481 2004 1,540 686 350 2,575 2003 1,650 656 336 2,642 2002 1,644 640 326 2,610 2001 1,581 634 317 2,532 2000 1,592 668 339 2,599 1999 1,682 667 357 2,705 1998 1,626 717 356 2,699 1997 1,653 704 322 2,678 1996 1,670 658 333 2,662 1995 1,576 629 310 2,515 1994 1,448 637 317 2,402 1993 1,426 616 328 2,370 1992 1,317 592 328 2,237 Canada (e)Estimate (f)Forecast Source:IFADATA IFA Fertilizer Consumption 2012/13-2017/18 Country Reports, June 2013 CANSIM, Table 001-0069 FACT BOOK 2015 Agrium 89 fertilizer statistics Total Shipments of Fertilizers and Plant Nutrients – Canada(1) (‘000 metric nutrient tonnes per year) Primary Nutrient Shipments N P2O5 K 2O Total 2013/2014 2,103 700 173 2,976 2012/2013 2,129 663 176 2,968 2011/2012 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 2013/2014 371 187 212 770 2012/2013 379 168 179 726 2011/2012 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 Western Canada Eastern Canada (1)2007/2008 to 2013/2014 data is 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 data will affect the comparability of data. Source: Statistics Canada-Fertilizer Shipments Survey 2014, Catalogue no. 21-022X 90 Agrium FACT BOOK 2015 fertilizer statistics Fertilizer Consumption – United States ('000 metric ('000 metric tonnes)tonnes) 20,000 20,000 15,000 15,000 10,000 10,000 5,000 5,000 0 1964 1969 1974 1979 1984 1964 1969 1974 Nitrogen 1979 1984 1989 Phosphate 0 Nitrogen 1989 1994 1999 2004 2009 2014(f) 1994 1999 Potash 2004 2009 2014(f) Phosphate Potash Fertilizer Consumption – Canada 4000 3,500 4000 ('000 metric ('000 metric tonnes)tonnes) 3,000 3,500 2,500 3,000 2,000 2,500 1,500 2,000 1,000 1,500 500 1,000 0 500 1964 1969 1974 1979 1984 1964 1969 Nitrogen 1974 1979 Phosphate 1984 1989 0 Nitrogen 1989 Phosphate 1994 1999 2004 2009 2014(f) 1994 Potash 2004 1999 2009 2014(f) Potash (f) Forecast Source:IFADATA IFA Fertilizer Consumption 2012/13-2017/18 Country Reports, June 2013 CANSIM, Table 001-0069 FACT BOOK 2015 Agrium 91 fertilizer statistics Fertilizer Consumption in Argentina, Brazil and Chile (‘000 metric nutrient tonnes per year) Primary Nutrient Consumption N P2O5 K 2O Total 2014(f) 3,710 4,570 5,040 13,320 2013(f) 3,620 4,440 4,940 13,000 2012 3,435 4,325 4,844 12,604 2011 3,366 3,859 4,431 11,656 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 2014(f) 700 600 45 1,345 2013(f) 650 550 40 1,240 2012 736 603 47 1,386 2011 860 712 31 1,603 2010 781 613 35 1,428 2009 586 461 31 1,079 2008 621 482 54 1,157 2007 941 686 64 1,691 2014(f) 265 126 90 481 2013(f) 270 130 92 492 2012 271 139 94 504 2011 271 139 94 504 2010 268 131 94 492 2009 260 107 90 457 2008 256 107 89 452 2007 267 152 112 531 Brazil Argentina Chile (f) Forecast Source:IFADATA IFA Fertilizer Consumption 2012/13-2017/18 Country Reports, June 2013 92 Agrium FACT BOOK 2015 fertilizer statistics Fertilizer Consumption in Europe – Top Five Countries (‘000 metric nutrient tonnes per year. Includes West and Central Europe) Primary Nutrient Consumption N P2O5 K 2O Total 2014(f) 2,250 614 470 3,334 2013 2,275 544 480 3,299 2012 2,138 495 509 3,142 2011 2,014 432 481 2,927 2010 2,332 500 598 3,430 2009 2,069 406 416 2,891 2008 2,099 296 390 2,785 2007 2,403 631 794 3,828 2014(f) 1,651 324 430 2,405 2013 1,610 279 457 2,346 2012 1,649 284 421 2,354 2011 1,640 247 386 2,274 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 2014(f) 1,225 405 465 2095 2013 1,200 410 440 2,050 2012 1,120 335 448 1,903 2011 1,095 371 433 1,899 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 France Germany Poland (f) Forecast Source: (2012-2014): Fertecon Urea Outlook 2014/02, Fertecon Potash Outlook 2014/03, CRU Phosphate Fertilizer Market Outlook, October 2014 IFA Fertilizer Consumption 2012/13-2017/18 Country Reports, June 2013 IFADATA FACT BOOK 2015 Agrium 93 fertilizer statistics Fertilizer Consumption in Europe – Top Five Countries (cont.) (‘000 metric nutrient tonnes per year. Includes West and Central Europe.) Primary Nutrient Consumption N P2O5 K 2O Total 2014(f) 890 512 330 1,732 2013 850 446 328 1,624 2012 980 377 346 1,703 2011 818 355 315 1,488 2010 967 368 350 1,685 2009 813 324 274 1,411 2008 732 158 188 1,078 2007 977 526 432 1,935 2014(f) 700 329 150 1,179 2013 585 234 140 959 2012 650 169 140 959 2011 561 178 136 875 2010 572 184 136 892 2009 547 195 110 852 2008 609 194 149 952 2007 708 319 303 1,330 Spain Italy (f) Forecast Source: (2012-2014): Fertecon Urea Outlook 2014/02, Fertecon Potash Outlook 2014/03, CRU Phosphate Fertilizer Market Outlook, October 2014 IFA Fertilizer Consumption 2012/13-2017/18 Country Reports, June 2013 IFADATA 94 Agrium FACT BOOK 2015 fertilizer statistics Fertilizer Consumption in Asia – Top Five Countries (‘000 metric nutrient tonnes per year) Primary Nutrient Consumption N P2O5 K 2O Total 2014(f) 32,595 12,443 6,900 51,938 2013 32,034 12,431 6,500 50,965 2012 31,713 12,400 6,000 50,113 2011 30,897 12,300 5,380 48,577 2010 30,015 12,100 5,203 47,318 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 2014(f) 17,700 5,975 2,350 26,025 2013 17,200 6,235 2,100 25,535 2012 16,821 6,653 2,062 25,536 2011 17,300 7,914 2,576 27,790 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 2014(f) 3,175 586 1,450 5,211 2013 3,100 607 1,325 5,032 2012 3,036 680 1,490 5,206 2011 2,940 564 1,440 4,944 2010 3,042 500 1,302 4,844 2009 3,215 450 801 4,466 2008 2,737 421 953 4,111 2007 2,596 541 931 4,068 China India Indonesia (f) Forecast Source: (2012-2014): Fertecon Urea Outlook 2014/02, Fertecon Potash Outlook 2014/03, CRU Phosphate Fertilizer Market Outlook, October 2014 IFA Fertilizer Consumption 2012/13-2017/18 Country Reports, June 2013 IFADATA FACT BOOK 2015 Agrium 95 fertilizer statistics Fertilizer Consumption in Asia – Top Five Countries (cont.) (‘000 metric nutrient tonnes per year) Primary Nutrient Consumption N P2O5 K 2O Total 2014(f) 3,200 826 25 4,051 2013 3,275 792 24 4,091 2012 2,853 747 20 3,620 2011 3,206 633 21 3,860 2010 3,133 761 32 3,926 2009 3,476 860 24 4,361 2008 3,035 651 25 3,711 2007 2,925 630 27 3,582 2014(f) 1,305 713 522 2,540 2013 1,305 699 512 2,516 2012 1,340 700 485 2,525 2011 1,300 680 482 2,462 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 Pakistan Vietnam (f) Forecast Source: (2012-2014): Fertecon Urea Outlook 2014/02, Fertecon Potash Outlook 2014/03, CRU Phosphate Fertilizer Market Outlook, October 2014 IFA Fertilizer Consumption 2012/13-2017/18 Country Reports, June 2013 IFADATA 96 Agrium FACT BOOK 2015 fertilizer statistics Fertilizer Consumption in Oceania (‘000 metric nutrient tonnes per year) Primary Nutrient Consumption N P2O5 K 2O Total 2014(f) 1,145 999 200 2,344 2013 1,150 986 188 2,324 2012 1,153 852 182 2,187 2011 1,099 880 180 2,159 2010 982 823 166 1,971 2009 849 646 158 1,653 2008 835 824 215 1,874 2007 849 990 227 2,066 2014(f) 400 420 116 936 2013 385 412 103 900 2012 369 394 107 870 2011 363 335 114 812 2010 367 338 106 811 2009 329 328 97 755 2008 295 292 103 690 2007 329 383 123 835 Australia New Zealand (f) Forecast Source: (2012-2014): Fertecon Urea Outlook 2014/02, Fertecon Potash Outlook 2014/03, CRU Phosphate Fertilizer Market Outlook, October 2014 IFA Fertilizer Consumption 2012/13-2017/18 Country Reports, June 2013 IFADATA FACT BOOK 2015 Agrium 97 fertilizer statistics Fertilizer Consumption in Africa and the Middle East – Top Five Countries (‘000 metric nutrient tonnes per year) Primary Nutrient Consumption N P2O5 K 2O Total 2014(f) 917 380 70 1,367 2013 900 197 9 1,106 2012 808 170 30 1,008 2011 900 170 50 1,120 2010 1,050 349 70 1,469 2009 1,050 349 50 1,449 2008 1,151 386 99 1,636 2007 983 408 175 1,566 2014(f) 1,315 175 55 1,545 2013 1,220 175 41 1,436 2012 1,108 163 57 1,328 2011 1,207 150 58 1,415 2010 1,159 150 56 1,365 2009 1,193 150 50 1,393 2008 1,139 180 55 1,375 2007 1,120 169 52 1,341 2014(f) 440 177 125 742 2013 430 178 121 729 2012 430 205 124 759 2011 419 270 121 810 2010 398 172 106 676 2009 414 181 111 706 2008 424 185 115 724 2007 440 192 137 769 Iran Egypt South Africa (f) Forecast Source: (2012-2014): Fertecon Urea Outlook 2014/02, Fertecon Potash Outlook 2014/03, CRU Phosphate Fertilizer Market Outlook, October 2014 IFA Fertilizer Consumption 2012/13-2017/18 Country Reports, June 2013 IFADATA 98 Agrium FACT BOOK 2015 fertilizer statistics Fertilizer Consumption in Africa and the Middle East – Top Five Countries (cont.) (‘000 metric nutrient tonnes per year) Primary Nutrient Consumption N P2O5 K 2O Total 2014(f) 224 124 37 385 2013 222 124 29 375 2012 220 136 24 380 2011 200 110 29 339 2010 205 114 25 344 2009 200 112 47 359 2008 195 111 46 352 2007 231 146 53 430 2014(f) 270 108 1 379 2013 226 108 - 334 2012 149 108 1 258 2011 136 133 18 287 2010 203 90 21 314 2009 190 90 8 288 2008 182 76 8 266 2007 214 100 8 322 Morocco Syria (f) Forecast Source: (2012-2014): Fertecon Urea Outlook 2014/02, Fertecon Potash Outlook 2014/03, CRU Phosphate Fertilizer Market Outlook, October 2014 IFA Fertilizer Consumption 2012/13-2017/18 Country Reports, June 2013 IFADATA FACT BOOK 2015 Agrium 99 fertilizer statistics Fertilizer Application Rates – United States(1) (Years ended June 30) Corn N P K 140 60 79 97% 78% 61% 136 47 48 77 41 66 90% 62% 52% lbs applied/acre 69 25 34 lbs/acre 16 46 80 18% 23% 25% 3 11 20 78 31 23 94% 84% 21% lbs applied/acre 73 26 5 lbs/acre 61 31 39 83% 54% 16% 51 17 6 lbs/acre % of area applied lbs applied/acre Cotton lbs/acre % of area applied Soybeans % of area applied lbs applied/acre Spring Wheat lbs/acre % of area applied Winter Wheat % of area applied lbs applied/acre (1) 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 100 Agrium FACT BOOK 2015 Total 231 128 34 104 74 fertilizer statistics Nutrient Uptake and Removal by Field Crops – United States (pounds per acre) N P2O5 K 2O 212 90 212 119 70 46 128 38 112 53 23 33 Uptake 275 50 179 Removal 172 34 60 Corn 159 bu/acre Uptake(1) Removal (2) Cotton 800 lb/acre Uptake Removal Soybeans 43 bu/acre (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 FACT BOOK 2015 Agrium 101 fertilizer statistics Nutrient Uptake and Removal by Field Crops – Western Canada (pounds per acre) N P2O5 K 2O S 100 – 122 40 – 49 96 – 117 12 – 14 70 – 85 30 – 37 23 – 28 6 – 8 100 – 123 46 – 57 73 – 89 17 – 21 Barley 80 bu/acre Uptake(1) (3,360 kg/ha) Removal (2) Canola 35 bu/acre Uptake (1,960 kg/ha) Removal 61 – 74 33 – 40 16 – 20 10 – 12 24 bu/acre Uptake 62 – 76 18 – 22 39 – 48 12 – 15 (1,492 kg/ha) Removal 46 – 56 14 – 17 13 – 16 5 – 6 40 bu/acre Uptake 76 – 93 29 – 35 65 – 80 8 – 10 (2,690 kg/ha) Removal 54 – 66 21 – 26 16 – 19 4 – 5 Flax Spring Wheat (1) Total nutrient taken up by the crop. (2) Nutrient removed in harvested portion of the crop. Source: Canadian Fertilizer Institute, February 2001 102 Agrium FACT BOOK 2015 fertilizer statistics Fertilizer Application Rates – Australia N P K 37% 39% 18% 367 317 30 13,963 13,963 13,963 26.28 22.70 2.15 16% 15% 10% 162 126 16 Total Wheat % Total Fertilizer Use Quantity 000 metric nutrient tonnes Area Harvested 000 ha Approx. Application Rate kg/ha 714 Other Coarse Grains % Total Fertilizer Use Quantity 000 metric nutrient tonnes Area Harvested 000 ha 5,972 5,972 5,972 Approx. Application Rate kg/ha 27.13 21.10 2.68 6% 3% 14% 61 17 16 370 370 370 164.86 45.95 43.24 10% 3% 4% 97 20 7 600 600 600 161.67 33.33 11.67 304 Sugar % Total Fertilizer Use Quantity 000 metric nutrient tonnes Area Harvested 000 ha Approx. Application Rate kg/ha 94 Cotton % Total Fertilizer Use Quantity 000 metric nutrient tonnes Area Harvested 000 ha Approx. Application Rate kg/ha 124 Source: IFA Assessment of Fertilizer Use by Crop at the Global Level 2010-2010/2011 ABARES Agricultural Commodity Statistics 2012, Dec 2012 FACT BOOK 2015 Agrium 103 fertilizer statistics 300 12 250 10 200 8 150 6 100 4 50 2 0 US EU-28 China Nitrogen Potash Phosphate Yield Source: USDA IFA Assessment of Fertilizer Use by Crop at the Global Level 2010-2010/2011, August 2013 104 Agrium FACT BOOK 2015 India Brazil 0 Yield (tonnes/ha) Nutrient Application (Kg/ha) Nutrient Application and Yield: Corn fertilizer statistics Historical Nitrogen Fertilizer and Gas Prices – North America 16.00 Nitrogen Fertilizer Products 1,000 14.00 12.00 800 10.00 8.86 8.69 600 6.73 5.89 5.47 400 4.31 8.00 6.97 6.00 3.96 3.94 3.38 200 4.37 4.39 4.00 3.68 4.00 2.75 2.27 2.00 0 Natural Gas Price (US$ mmBtu delivered) Ammonia/Urea Price (US$/metric tonnes) 1,200 0.00 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Nymex Price Urea Gran NOLA FOB Ammonia W. Canada DLV Ammonia ACB FOB 2009 2010 2011 2012 2013 2014 Urea Gran W. Canada DLV Phosphate and Potash Fertilizer Prices US$/metric tonne 1,000 800 600 400 200 prices are all spot weighted averages before any discounts, year average refers to calendar year. NOLA refers to a FOB price (loaded on barge) at the U.S. Gulf port, F ertilizer New Orleans, Louisiana. ACB refers to the U.S. corn belt. Gas prices are Henry Hub Gulf Coast Natural Gas Spot Prices. Source: US Energy Information Administration, Short-Term Energy Outlook, Nov. 2014 Green Markets 0 Note: 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 DAP PNW DLV DAP CFL FOB KCL ACB FOB FACT BOOK 2015 Agrium 105 Ammo 2.75 2.27 2.00 0 0.00 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 fertilizer statistics Nymex Price Urea Gran NOLA FOB Ammonia W. Canada DLV 2010 2011 2012 2013 2014 Urea Gran W. Canada DLV Ammonia ACB FOB Historical P & K Fertilizer – North America Phosphate and Potash Fertilizer Prices US$/metric tonne 1,000 800 600 400 200 0 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 DAP PNW DLV DAP CFL FOB KCL ACB FOB Note: Fertilizer prices are all spot weighted averages before any discounts, year average refers to calendar year. ACB refers to the U.S. corn belt. CFL refers to Central Florida. DAP PNW dlv pricing was discounted in 2013. Source: Green Markets 106 Agrium FACT BOOK 2015 livered) 200 4.00 3.68 3.38 united states ethanol facts 2014 2013 /2015(p) /2014(e) United States Ethanol Production (billion gallons) Corn Use for Ethanol (billion bu) 13.7 2012 /2013 2011 /2012 13.2 13.9 13.3 39% Feed Use 5.0 2010 /2011 2015 13.32014/10.9 5.2 5.1 4.6 United States Corn Use for Ethanol as a Percentage of Total Use 38% 45% 45% 40% Corn Total Use (billion bu) 13.6 10.3 38% Ethanol 13.0 12.5 11.5 2009 /2010 2008 /2009 (p) 2007 /2008 2006 /2007 9.3 6.5 4.9 13% 3.0 Exports 2.1 5.0 4.6 3.7 38% 35% 31% 24% 12.0 10% Food and Seed 12.6 11.1 13.1 19% united states corn use 2014/2015(p) 39% Feed Use 38% Ethanol 2013/2014(e) 13% Exports 10% Food and Seed 37% Feed Use 38% Ethanol 14% Exports 10% Food and Seed One bushel of corn yields approximately 2.8 gallons of ethanol; 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 December 2014, there (e) were 210 ethanol plants operating in the United States, 2013/2014 another 7 are currently under construction or are undergoing an expansion. n n 37% Feed Use 14% Exports (e)estimated (p)projected Source:USDA WASDE-537, January 12, 2015 Renewable Fuels Association, EIA 38% Ethanol 10% Food and Seed FACT BOOK 2015 Agrium 107 CONSTANTS & CONVERSIONS 108 Agrium FACT BOOK 2015 fertilizer production process Nitrogen Fertilizer Phosphate Fertilizer FACT BOOK 2015 Agrium 109 fertilizer production process Potassium Fertilizer Underground Sources Usually deep deposits - first step is to mine the ore and get it to the surface n Manufacturing process (remove unwanted minerals) - clays, NaCl, MgCl2, de-sliming and froth flotation n Sizing and granulation - made into final product n Potassium Rock Sources Sylvinite is composed of a mixture of KCl and NaCl crystals, 20 – 40% K 2O (Saskatchewan mines) Sylvite is extracted from Sylvinite and is composed of primarily KCl, 63% K 2O n Langebeinite is composed primarily of K 2SO4 and MgSO4, 23% K 2O n n Common Potassium Fertilizers Potassium Chloride (KCl) muriate of potash (MOP), 0-0-60 to 62 (accounts for 90% of potash sales in North America) n Potassium Sulphate (K 2SO4 ) or sulfate of potash, 0-0-50-18S n Sulphate of Potash-Magnesia (K 2SO4 -2MgSO4 ) or K-Mag, 0-0-22-22S-11 Mg n Potassium Nitrate (KNO3 ) 13-0-44 often used in foliar sprays n 110 Agrium FACT BOOK 2015 raw material requirements 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) Urea The production of 1 tonne of urea requires: n 0.58 tonnes of ammonia n 0.76 tonnes of carbon dioxide UAN The 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 (H 2 SO4) The production of 1 tonne of 100% H2SO4 requires: n 0.76 tonnes pyrites (48% S) or n 0.33 tonnes sulphur FACT BOOK 2015 Agrium 111 raw material requirements Ammonium Sulphate The 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: (1) n 3.6 tonnes phosphate rock 63% BPL 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: (1) n 3.9 tonnes of phosphate rock 63% BPL n 1.3 tonnes of silica n 0.60 tonnes of coke n 13,000 – 15,000 kWh electricity Superphosphate The production of 1 tonne of 20% P2O5 single superphosphate requires: (1) n 0.71 tonnes of phosphate rock 63% BPL n 0.37 tonnes of 100% H2SO4 Triple Superphosphate The 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 Phosphate The production of 1 tonne of monoammonium phosphate (11-52-0) requires: n 0.145 tonnes of ammonia (1) n 1.91 tonnes of phosphate rock at 63% BPL n 0.475 tonnes of sulphur n 1.35 tonnes of 40% P2O5 phosphoric acid (0.54 tonne P2O5) Diammonium Phosphate The production of 1 tonne of diammonium phosphate (18-46-0) requires: n 0.219 tonnes of ammonia (1) n 1.72 tonnes of phosphate rock at 63% BPL n 0.427 tonnes of sulphur n 1.175 tonnes of phosphoric acid (0.470 tonne P2O5) (1) 63% BPL = 29% P2 O 5. 112 Agrium FACT BOOK 2015 fertilizer minerals Sulphur Minerals %S Potash Minerals/Ores %K 2O Phosphate Rock %P2O5 Iron pyrites FeS240-53 PyrrhotiteFe6S740 GypsumCaSO4.2H2O19 AnhydriteCaSO424 SylviteKCl 63 SylviniteKCl.NaCl35 CarnalliteKCl.MgCl2.6H2O17 KainiteKCl.MgSO4.3H2O19 LangbeiniteK 2SO4.2MgSO423 PolyhaliteK 2S4.MgSO4.2CaSO4.H2O16 AluniteK 2SO4.Al2(SO4)34Al(OH)311 Tricalcium phosphate Ca3(PO4)246 FluorapatiteCa10(PO4)6F242 Carbonate apatite Ca10(PO4)6CO341 HydroxyapatiteCa10(PO4)6(OH)242 FACT BOOK 2015 Agrium 113 product analysis % N % P2 O5 % K 2O 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 1251 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 3320 0 2929 0 Calcium ammonium nitrate 20.5–28 0 0 Calcium nitrate 11.9–15.5 0 0 Dicalcium phosphate – anhydrous 052.2 0 Dicalcium phosphate – dihydrate 041.3 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 21.9 114 Agrium FACT BOOK 2015 general conversion factors 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 Acre Acre Acre Atmosphere Atmosphere Barrel (oil) Cubic foot Cubic foot Cubic foot Cubic foot Cubic foot Cubic meter Cubic meter Cubic meter Cubic meter Cubic meter Degree Fahrenheit Degree Centigrade Dollar/metric ton Dollar/short ton Gallon, Imperial Gallon, Imperial Gallon, US Grain/gallon Grain Sq. foot Sq. meter Sq. meter Sq. mile Sq. mile Ton, long Ton, long Ton, long Ton, long Ton, long/acre Ton, long/sq. ft. Ton, long/sq. inch Ton, metric Ton, metric Ton, metric Ton, metric/hectare Ton, metric/hectare Ton, short Ton, short Ton, short/acre Ton, Brit Shipping Ton, US Shipping Yard = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = 0.4048Hectares 4.048 x 10-3 Sq. kilometers 43,560 Sq. feet 14.696 Pounds/sq. inch 1.033 Kilograms/sq. centimeter 42 Gallons, US 2.8317 x 10-2 Cubic meter 6.2291 Gallons, Imperial 7.4805 Gallons, US 28.3170 Liters 0.025 Tons, US Shipping 1.308 Cubic yards 220 Gallons, Imperial 265 Gallons, US 6.289 Barrels (oil) 11 3.5830 x 10 mmBtu (°F – 32) x 0.556 Degree Centigrade (°C x 1.8) + 32 Degree Fahrenheit 0.90719 Dollars/short ton 1.1023 Dollars/metric ton 1.201 Gallons, US 4.5461 Liters 3.7853 Liters 17.12Parts/million 2.205 x 10 Pounds 9.29 x 10-6Hectares 10.764 Sq. feet 1.196 Sq. yards 259.00 Hectares 2.590 Sq. kilometers 1016.05 Kilograms 2,240 Pounds 1.0161 Tonnes 1.120 Tons, short 2.511 Tonnes/hectare 1.0937 x 10-4 Kilograms/sq. meter 1.575 Kilograms/sq. mm 2,204.6 Pounds 0.9842 L. tons 1.102 S. tons 0.3982 L. tons/acre 0.4460 S. tons/acre 907.19 Kilograms 2,000 Pounds 2.242 Tonnes/hectare 1.050 Tons, US Shipping 40.0 Cubic Feet 0.9144Meters -3 FACT BOOK 2015 Agrium 115 energy conversion factors 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 116 Btu Btu Btu/cu. ft. Million Btu Million Btu GJ Million Btu/tonne Million Btu/short ton Million Btu/long ton Calorie Horsepower hr Million kcal/tonne Million kcal/tonne KWh KWh KWh KWh KWh kWh/tonne kWh/short ton mcm Agrium FACT BOOK 2015 = = = = = = = = = = = = = = = = = = = = = 0.252kcal 2.931 x 10-4KWh 8.90 kcal/m3 1.055 GJ 0.9649 Mcf 0.9145Mcf 0.90719 Million Btu/short ton 0.2777 Million kcal/tonne 0.248 Million kcal/tonne 4.186Joules 0.746 KWh 4.033 Million Btu/l. ton 3.601 Million Btu/s. ton 3.411MBtu 859.6kcal 1.34 Horsepower hrs 2.4 lb HP steam (42 atm) 3.0 lb HP steam (3 atm) 0.90719 kWh/short ton 1.1023 kWh/tonne 36.59 mmBtu at heat of 1,036.4 Btu/cf other constants and conversions factors Calorific Values Natural gas 900–1,100 Btu/ft3 LNG 49-53 mmBtu/tonne LPG 46 mmBtu/tonne Naphtha 44 mmBtu/tonne Fuel oil 40 mmBtu/tonne Coal20-30 mmBtu/tonne Methanol 21 mmBtu/tonne Hydrogen 113 mmBtu/tonne Nutrient Factors To Convert P2O5 BPL KCl K 2O (K) BPL 2.185 P2O70.4577 K 2O0.61 KCl 1.6 Florida Rock: = = Polk County Mardee County Western U.S. States Phosphate Rock To Multiply By 68-70% BPL 62-66% BPL = 70% BPL FACT BOOK 2015 Agrium 117 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 (United States, Canada) 45.931 bu (48 lb) 0.021772 tonne Canola/Rapeseed 44.092 bu (60 lb) 0.022680 tonne Flaxseed (United States, Canada, Australia) 39.368 bu (56 lb) 0.025401 tonne Corn (Maize) (United States, Canada, Australia, New Zealand) 39.368 bu (56 lb) 0.025401 tonne Oats (Australia, New Zealand) 55.116 bu (40 lb) 0.018144 tonne Oats (Canada) 64.842 bu (34 lb) 0.015422 tonne Oats (United States) 68.894 bu (32 lb) 0.014515 tonne Potatoes (United States, Canada) 36.744 bu (60 lb) 0.027216 tonne Rice, paddy (Australia) 52.490 bu (42 lb) 0.019501 tonne Rice, paddy (United States) 48.991 bu (45 lb) 0.020412 tonne Rye (Australia) 36.744 bu (60 lb) 0.027216 tonne Rye (United States, Canada, United Kingdom, New Zealand) 39.368 bu (56 lb) 0.025401 tonne Soya beans (United States) 36.744 bu (60 lb) 0.027216 tonne Wheat (generally applicable) 36.744 bu (60 lb) 0.027216 tonne 118 Agrium FACT BOOK 2015 ifa regional classification Western and Central Europe Western and Central Europe Western and Central Europe Albania Austria* Belgium* and Luxembourg* Bosnia Herzegovina Bulgaria* Croatia* Czech Republic* Denmark* Finland* France* Germany* Greece* Hungary* Ireland* Italy* Netherlands* Norway Poland* Portugal* Romania* Serbia Slovakia* Slovenia* Spain* Sweden* Switzerland United Kingdom* Others Latin America and Caribbean Latin America and Caribbean Africa West Asia Argentina Brazil Chile Colombia Costa Rica Cuba Dominican Republic Ecuador El Salvador Guatemala Mexico Nicaragua Peru Trinidad and Tobago Uruguay Venezuela Others Egypt Ethiopia Kenya Libya Mauritius Morocco Nigeria Senegal South Africa Sudan Tanzania Tunisia Zambia Zimbabwe Others Afghanistan Bahrain Cyprus* Iran Iraq Israel Jordan Lebanon Oman Qatar Saudi Arabia Syria Turkey United Arab Emirates Yemen Others South Asia East Asia East Asia East Asia Bangladesh India Nepal Pakistan Sri Lanka Others Cambodia China Indonesia Japan Korea D.P.R. Korea, Republic of Laos Malaysia Mongolia Myanmar Philippines Singapore Thailand Taiwan/China Vietnam Others Oceania Australia New Zealand Papua New Guinea Others Africa Algeria Cameroon Côte d’Ivoire Eastern Europe Armenia Azerbaijan Belarus Estonia* Georgia Kazakhstan Kyrgyzstan Eastern Europe Latvia* Lithuania* Moldova Russian Federation Tajikistan Turkmenistan Ukraine Uzbekistan Others North America Canada United States * States that are member of The European Union (EU Note: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. FACT BOOK 2015 Agrium 119
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Sources: Company filings, Company website and Capital IQ as of July 30, 2015. Balance sheet data is as of the most recent SEC filing available on July 30, 2015.
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