Reuters — Activist hedge fund ValueAct Capital on Friday disclosed it had bought a 5.7 per cent stake in Agrium, one and a half years after the Canadian fertilizer and […] Read more
ValueAct buys stake in fertilizer dealer Agrium
PotashCorp hurt by fall in income from overseas investments
Reuters — Saskatchewan-based PotashCorp has narrowed its full-year earnings forecast range and reported a lower-than-expected quarterly profit as income fell from its overseas investments. The price of potash has plunged […] Read more
U.S. grains: Soybeans, wheat, corn rebound on technical buying
Reuters — Chicago grain and soybean futures rose Thursday on technical buying, rebounding from losses in the previous session that were due to forecasts for favourable harvest weather in the […] Read more
Staff, hog shortages leave Canada’s pork industry squealing
Winnipeg/Chicago | Reuters — Shortages of hogs and packing plant workers in Canada, exacerbated by recent government restrictions, may severely cut hog processing and pork exports, helping to keep North […] Read more
U.S. grains: Soybeans slip on big harvest views, spreading against corn
Reuters — Soybeans slipped on Wednesday on rising expectations of a huge U.S. harvest and spread trading against corn. Corn rose on short-covering ahead of a key U.S. government crop […] Read more
Fertilizer maker Mosaic cuts phosphate output
Reuters –– Mosaic Co., the world’s largest maker of finished phosphate products, said Tuesday it will reduce phosphate output, and it dampened sales expectations. The U.S. fertilizer producer said the […] Read more
Canadian fertilizer firms brace for fall in U.S. crop prices
Winnipeg | Reuters — Canadian fertilizer companies PotashCorp and Agrium are bracing for a pullback in demand from U.S. farmers due to sliding crop prices, but say any slump is […] Read more
Frozen barley crops to push craft beer prices higher
Winnipeg | Reuters –– Beer prices in North America may rise next year as brewers and maltsters face higher costs after cold, wet weather damaged Canadian barley crops and left […] Read more
PotashCorp may raise 2015 potash output
Reuters — Saskatchewan’s PotashCorp, the world’s second-biggest potash producer, is recalling workers at some of its Canadian mines as it gears up for a possible rise in production in 2015, […] Read more
Canada’s small fertilizer firms shuffle ranks, search for capital
Reuters — Capital-strapped small fertilizer companies in Canada are shuffling their senior executive ranks to draw investors in a period of weak prices. Stonegate Agricom Ltd., which is developing a […] Read more