Canpotex Reaches Agreement with Indian Customers

 SASKATOON, April 4, 2014 /CNW/ - Canpotex Limited (Canpotex) is pleased to  announce that it has agreed to an annual contract with its government and  private sector partners in India to supply approximately 1 million tonnes of  potash at a price of US$ 322.00 per tonne on a CFR basis.  Steven Dechka, Canpotex's President and Chief Executive Officer, stated that  this new agreement demonstrates once again the importance Canpotex places on  the Indian market and on supporting its loyal and long-term customer base in  India.  "We are very pleased to conclude these new supply contracts with our long-term  Indian customers, and continue our role as a leading potash supplier to this  important market," stated Dechka.  Dechka also confirmed that Canpotex intends to expand its market development  programs in India in future to help provide Indian farmers with the  educational and other tools needed to improve yields through balanced  fertilization and best management practices. "We look forward to lending  further support to Indian agriculture in collaboration with our Indian  partners," stated Dechka.  Operating continuously since 1972, Canpotex is the exclusive offshore  marketing company owned by the three Saskatchewan potash producing companies:  Agrium Inc. (TSX and NYSE: AGU), Mosaic Canada Crop Nutrition, LP, a  subsidiary of The Mosaic Company (NYSE: MOS), and Potash Corporation of  Saskatchewan Inc. (TSX and NYSE: POT).    SOURCE  Canpotex Limited  Richard Downey, Vice President, Investor, Corporate Relations, Agrium Inc.,  Tel: 403.225.7357, rdowney@agrium.com; Laura Gagnon, Vice President, Investor  Relations, The Mosaic Company, Tel: 763.577.8213, laura.gagnon@mosaicco.com;  Denita Stann, Vice President, Investor and Public Relations, Potash  Corporation of Saskatchewan Inc., Tel: 306.933.8521,  denita.stann@potashcorp.com; Mark Kaplan, Vice President, Public Affairs, The  Mosaic Company, Tel: 763. 577. 2887, mark.kaplan@mosaicco.com  To view this news release in HTML formatting, please use the following URL:  http://www.newswire.ca/en/releases/archive/April2014/04/c2720.html  CO: Canpotex Limited ST: Saskatchewan NI: MNG ORDER  
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