New York | Reuters — The owners of several new potash mines that are adding fertilizer to an already oversupplied market are banking on better times, bucking industry thinking that […] Read more
Tag Archives Fertilizer
Undaunted by glut, new potash players bank on fertilizer rebound
Agrium posts smaller-than-expected loss for quarter
Reuters — Agrium, the world’s biggest farm retailer, reported a smaller-than-expected loss on Monday, helped by higher selling prices for potash. The Calgary-based fertilizer and ag retail firm sold 636,000 […] Read more
PotashCorp notches higher profit as sales climb
Reuters — Saskatchewan-based PotashCorp reported a bigger-than-expected rise in quarterly profit on Thursday and raised its full-year outlook, citing lower costs and increased sales volumes. Shares of the Saskatoon-based fertilizer […] Read more
Canpotex aims for ‘material’ potash price bump from China
Winnipeg | Reuters — Canadian potash exporter Canpotex is pressing Chinese buyers to pay a “material” price increase for the fertilizer in their annual supply contract, as spot values in […] Read more
Dreyfus sees recovery after two-year profit slide
Paris | Reuters — Louis Dreyfus’ core earnings fell for a second year in 2016 amid a persistent high supply of crops, but the agricultural commodity trader said a revamp […] Read more
Indian regulator warns on Agrium-PotashCorp merger
New Delhi | Reuters — India’s competition regulator said the proposed merger between Agrium and PotashCorp was likely to hurt competition, a government statement said Wednesday. The two Canadian fertilizer […] Read more
Wet spring hampers Prairie fertilizer timetable
CNS Canada — This week’s dump of snow in eastern Saskatchewan and western Manitoba will likely push back fieldwork and fertilizer applications on a lot of farms, according to one […] Read more
B.C. police stop farmer clearing snowy street with Zamboni
Vancouver | Reuters — Police stopped a “well-intentioned” farmer on Vancouver Island on Monday night after he tried to clear a snowed-in neighbourhood street with a Zamboni, a vehicle for […] Read more
Potash prices look lower for longer as competition overheats
Reuters — The deepest slump in a decade for the oversupplied potash fertilizer market may abate only slightly in 2017, major producers say, and could take years to correct due […] Read more
Fertilizer prices ‘float along’ with eyes on China, corn
CNS Canada — It’s shaping up to be a typical winter season for fertilizer prices, according to an industry expert, but he cautions plant expansions in the U.S., corn acreage […] Read more