U.S. soybean futures fell on Tuesday to a more than one-year low, weighed down by favourable crop conditions and weather that point to a bumper harvest. Corn prices were mixed […] Read more
Chicago soybeans drop, new corn slips as big harvests near
Maple Leaf Foods posts zero earnings for second quarter
Canadian food processor Maple Leaf Foods reported a disappointing quarterly loss on Wednesday, hurt by weak returns on raising pigs. Shares fell 3.6 per cent or 55 cents to $14.95 […] Read more
Potash Corp profit misses, outlook weakens as prices slide
Potash Corp of Saskatchewan, the world’s biggest fertilizer producer, reported a lower-than-expected quarterly profit on Thursday and cut its outlook as prices of its crop nutrients fell. Potash’s U.S.-listed shares […] Read more
ICE Futures Canada weighs pre-arranged block trades
ICE Futures Canada, known mainly for its canola futures and options, is considering whether to allow pre-arranged trades of large blocks of contracts, a practice already common in some other […] Read more
Monsanto to spend $100M on Prairie corn over 10 years
Seed developer Monsanto said on Monday it will spend $100 million over the next 10 years on breeding corn for Western Canada — a move it said might change the […] Read more
Agrium suspends nitrogen projects as rivals race to build
Canadian fertilizer company Agrium stepped back from two projects that would have expanded its capacity to make nitrogen-based fertilizer, partly because numerous competitors are pursuing similar plans. Agrium, the world’s […] Read more
Uralkali to delay potash boost if Billiton proceeds in Sask.
Russia’s Uralkali OAO would delay two of its potash mine expansion projects for as long as a decade if rival BHP Billiton builds the world’s biggest mine of the crop […] Read more
Canada prepares to target U.S. goods in COOL spat
Canada will put forward a list of U.S. products it wants to target in retaliation for U.S. country-of-origin meat labels if last-minute changes to U.S. label regulations don’t prove satisfactory, […] Read more
Agrium gives weaker-than-expected outlook, Q1 profit slips
Canadian fertilizer and ag retail firm Agrium reported lower quarterly profit on Thursday, as cold, wet spring weather delayed plantings in the U.S., and forecast weaker-than-expected earnings for its current […] Read more
PotashCorp drops bid for ICL
PotashCorp, one of the world’s largest potash producers, said Thursday it was abandoning efforts to take over Israel Chemicals Ltd. because of strong opposition in Israel. PotashCorp, which currently holds […] Read more