Increased revenue from grain handling — albeit on a slightly lower overall grain handle — helped Canadian Pacific Railway improve its fourth-quarter and year-end gross for 2018. Calgary-based CP on […] Read more
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Tag Archives fertilizers
CP books higher Q4 grain revenue on reduced handle
Fertilizer prices likely to increase
China has shifted focus and is buying more than in previous years
Canadian fertilizer prices are expected to increase as spring draws nearer, according to industry professionals. “The further you buy out from spring, the prices tend to be a little bit […] Read more
Chinese firm buys stake in miner SQM from Nutrien
Santiago | Reuters — China’s Tianqi Lithium Corp. has bought a 23.77 per cent share in Chilean miner SQM from Canadian fertilizer giant Nutrien, the Chilean stock exchange said on […] Read more
CN’s grain handle up in record quarter
Traffic in Canadian National Railway’s grain and fertilizers segment rose eight per cent in its latest quarter, helping the company to record quarterly revenue. Montreal-based CN on Oct. 23 reported […] Read more
Global fertilizer market prices vary
An expected drop in potash prices has not happened as quickly as thought
Fertilizer prices are expected to vary over the next few months, with some types continuing to increase while others should drop, according to an analyst. Why it matters: Fertilizer can […] Read more
Grain handle down in CP’s ‘best-ever’ fourth quarter
U.S. income tax reform and significant increases in non-grain traffic more than offset a dip in Canadian Pacific Railway’s grain handle in its fourth quarter of 2017. Calgary-based CP on […] Read more
PotashCorp Q3 profit disappoints ahead of merger
Reuters — Canada’s PotashCorp, set to merge with rival Agrium to withstand a fertilizer slump, reported a smaller-than-expected quarterly profit Thursday and narrowed its full-year forecast, pressuring its stock. Prices […] Read more
Mergers spawn expanded supply network for input dealers
A wholesale buying network set up by and for independent Prairie crop input retailers, against a rising tide of industry consolidation, is now growing through consolidation. The Prairie retailers, who […] Read more
Grain revenue, grain handle higher in CP’s Q1
Increased grain and potash traffic and revenue helped Canadian Pacific Railway book a shift to “positive volumes” in its first-quarter ledger. Calgary-based CP on Wednesday reported net income of $431 […] Read more
CP trims outlook on delayed Prairie harvest
Rain delays in this year’s Prairie grain harvest have bit into third-quarter revenues and earnings expectations for Canadian Pacific Railway (CP). The Calgary company on Wednesday booked overall net income […] Read more
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