Great video at Potashcorp.com
I just watched a high quality video — in terms of both content and imagery — called "The New Challenge for Agriculture" at www.potashcorp.com. The Saskatchewan company is booming these days, with expansions planned for all three of its mines. Potash Corp CEO Bill Doyle says the company will increase production from 10 million tonnes this year to 18 million tonnes within the next six years to keep up with global demand.
The video has commentary from Mark Pearson, Iowa farmer and host of Market to Market, Richard Brock, commodity analyst, and Keith Collins, former chief economist with the USDA. Collins quoted a UN projection that arable land per person will drop to 0.5 acres by 2030, down from 1.1 acres in 1960. That means productivity per acre must continue to rise to keep us fed. This ties into the positive outlook for a company like Potash Corp.
To see the video, click here then look for the cow photo with "The New Challenge for Agriculture" heading. Click on "watch video."
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