Reuters — Canadian fertilizer and ag retailer Agrium has joined rival PotashCorp in forecasting a weaker-than-expected 2016 profit, as prices for crop nutrients remain weak. Agrium’s Toronto-listed shares fell as […] Read more
Tag Archives agrium
Agrium’s forecast disappoints
Yara to buy Agrium fertilizer upgrading plant
Canadian fertilizer firm Agrium has a buyer lined up for a U.S. nitrogen upgrading site it’s been looking to sell since April. Oslo-based fertilizer giant Yara said Thursday it’s made […] Read more
Canpotex sees terminal expansion decision late next year
Winnipeg | Reuters — The new chief executive of Canpotex expects the Canadian potash trader to decide around late 2016 where to expand West Coast terminal capacity, a move that […] Read more
Agrium bucks fertilizer sector trend with Q3 profit
Reuters — Canadian fertilizer and farm retail dealer Agrium on Thursday reported quarterly profit jumped nearly nine per cent, as higher sales volumes and lower costs helped it buck the […] Read more
Mosaic lays off staff at Sask. potash mine
Reuters — U.S. fertilizer company Mosaic Co. has laid off 46 unionized workers, or eight per cent of the workforce, at its Colonsay, Sask. potash mine, the company said Friday, […] Read more
Ex-Viterra chief to take Ontario’s Hydro One public
The chief executive who morphed Saskatchewan Wheat Pool from a debt-crushed grain handler into Viterra, then oversaw its sale to Glencore, has been tapped to take Ontario’s Crown-owned power utility […] Read more
Canola program stacks genes against new clubroot
Rather than send out a canola variety with a single source of resistance against clubroot — especially the disease’s most recent pathotype — Agrium’s CPS division has stacked several sources […] Read more
Agrium to shed California UAN plant
Fertilizer and ag retail firm Agrium plans to sell off its fertilizer upgrading plant in northern California. The Calgary company announced Thursday it “intends to divest” the West Sacramento plant […] Read more
Cost-cutting Mosaic CEO collects $5.5M pay raise
Reuters — U.S. fertilizer producer Mosaic Co. boosted its CEO’s pay last year by more than $5 million as a reward for slashing costs and jobs, a regulatory filing shows. […] Read more
Saskatchewan aims to ease potash tax’s price reliance
Winnipeg | Reuters — Resource-rich Saskatchewan wants to change the taxes it charges on production of potash, to better reflect output and lessen the influence of potash prices, the province’s […] Read more