By Michael Dabaie

Nutrien Ltd said it expects to increase potash production by about half a million tons in the second half of 2021 compared to earlier expectations.

The company said this is in response to tightening global potash market conditions.

"We are responding to strong market fundamentals to ensure our customers have the crop inputs they need to feed a growing population. Our network of flexible production and extensive logistics is designed to provide reliable supply and we have a unique ability to be agile and respond to changing market conditions. Our potash asset portfolio is optimally positioned to meet customer needs and drive shareholder value," said Ken Seitz, Nutrien's Executive Vice President and CEO of Potash.

On sales volumes:

"Domestic and offshore potash sales volumes are currently fully committed through September, based on our original production profile for 2021. Nutrien will be actively hiring additional employees and adapting its resources to help increase production across most of its potash mines, ramping up its Vanscoy facility in particular, and will ensure the highest safety standards are maintained in the process."

Write to Michael Dabaie at michael.dabaie@wsj.com

(END) Dow Jones Newswires

06-07-21 1008ET