A potash deposit from which one of the world’s biggest fertilizer companies recently walked away will be the subject of a provincial review for its future potential. The New Brunswick […] Read more
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Tag Archives potash
N.B. to assess unwanted potash deposit
Fertilizer prices look to rise by late summer
CNS Canada — A rise in prices for soybeans and other crops could make fertilizer more expensive in the coming months, according to a major player in the industry. In […] Read more
CP pulls more grain for less in first quarter
Canadian Pacific Railway (CP) hauled more carloads of Canadian grain in its first quarter of 2016 compared to the same period last year — but for less revenue per car. […] Read more
India backstops first phase of Sask. potash mine
Winnipeg | Reuters — India’s Gujarat State Fertilizers and Chemicals has agreed to guarantee payments on US$700 million in debt to finance the first phase of Karnalyte Resources’ Saskatchewan potash […] Read more
PotashCorp to curb two Sask. mines’ production
Reuters — PotashCorp said Thursday that it will curtail production at two Saskatchewan potash mines for four weeks, as excessive supplies pressure prices. The company said it would curtail output […] Read more
Mosaic looks for bargain buys as fertilizer sector slumps
Reuters — U.S. fertilizer company Mosaic Co., grappling with falling prices and profits, is looking for acquisitions that could be bargain-priced in a weak commodity sector. The world’s largest producer […] Read more
Fertilizer expected to be pricier by springtime
CNS Canada –– Relatively cheap natural gas has helped push down fertilizer prices for Canadian farmers over the past winter, but that should change by springtime. One Manitoba farm leader […] Read more
Mosaic cuts phosphate production
Reuters –– U.S.-based fertilizer producer Mosaic Co. said Wednesday it would cut output of phosphates by up to 400,000 tonnes with rotating plant shutdowns in the first quarter, due to […] Read more
PotashCorp forecasts bleak year ahead
Reuters — PotashCorp has forecast its bleakest year in a decade and slashed its dividend, due to tanking fertilizer prices. Shares of PotashCorp, which also reported lower-than-expected quarterly profit on […] Read more
CP books more Prairie grain revenue at year-end
Higher grain revenue on Canada’s Prairies helped lead to record full-year revenues and offset a lower fourth-quarter gross for Canadian Pacific Railway (CP), as the company warned of substantial job […] Read more