MarketsFarm — Grain shipments through the Port of Thunder Bay are running well ahead of the year-ago level, with 3.747 million tonnes of grain shipped through the port on the […] Read more
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Tag Archives potash
Thunder Bay grain shipments up on year
Grain traffic contributes to increase in overall cargo handle
No plans for Nutrien to sell assets
Reuters – Canadian potash producer Nutrien is not looking to sell assets to raise capital, CEO Ken Seitz told Reuters, even as falling fertilizer prices have caused it to scrap […] Read more
Nutrien to pause potash ramp up, ammonia project on falling prices
Potash prices have eased after the resumption of shipments from major supplier Belarus
Reuters – Nutrien NTR.TO on Wednesday decided to indefinitely pause its ramp-up plans for potash production and halt work on its clean ammonia project at Geismar, Louisiana, as the world’s […] Read more
Nutrien cuts output as West Coast port strike hits day 11
Longshore union, management met Monday night, source says
Ottawa | Reuters — The world’s biggest fertilizer producer Nutrien cut production on Tuesday, citing the impact of a 11-day-old strike in Canada’s Pacific ports whose cost has now ballooned […] Read more
Thunder Bay grain shipments up on year
Less potash moved so far this year
MarketsFarm — Grain shipments through the Port of Thunder Bay are running well ahead of the previous year’s pace, according to updated data from the Lake Superior facility. Grain shipments […] Read more
Nutrien cuts earnings forecast after quarterly profit misses estimates
High fertilizer prices seen dragging on demand
Reuters — Nutrien Ltd. on Wednesday cut its forecast for 2023 earnings as elevated fertilizer prices owed to Western sanctions on Russia and Belarus weigh on demand. U.S.-listed shares of […] Read more
Mosaic misses profit estimates on lower prices of fertilizers
Farmers seen waiting on prices to stabilize
Reuters — Mosaic Co. on Wednesday missed Wall Street estimates for first-quarter profit on lower prices of potash and other crop fertilizers, even as the fertilizer maker sold higher volumes. […] Read more
Mosaic misses profit estimate amid lower demand for fertilizers
Reuters — Mosaic Co. on Wednesday became the latest fertilizer maker to miss fourth-quarter profit estimates amid lower demand for potash and other crop fertilizers, pushing shares down 2.2 per […] Read more
Nutrien misses profit estimates amid higher fertilizer prices
CF Industries also books lower sales
Reuters — Canadian fertilizer maker Nutrien on Wednesday forecast lower-than-expected 2023 earnings and posted fourth-quarter profit below Wall Street estimates, sending shares down 2.6 per cent in extended trading. While […] Read more
Feds back BHP potash mine for sustainable tech
Fund to provide $100M for electrifying equipment
Major miner BHP’s potash mine-in-progress in Saskatchewan has picked up $100 million in federal funding to go toward investments in low-emissions equipment. Federal Industry Minister Francois-Philippe Champagne on Monday announced […] Read more
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