Chicago | Reuters — Canada’s Nutrien, the world’s largest fertilizer company, is weighing further increases to potash production as sanctions continue to limit shipments from Russia and Belarus, interim CEO […] Read more
Tag Archives potash
Nutrien may further raise potash output as sanctions curb other supplies
Nutrien bolsters profit forecast on surging fertilizer prices
Fertilizer sector set for biggest profits in years
Reuters — Nutrien Ltd. on Monday raised its full-year earnings forecast well above estimates after posting a more than 10-fold jump in first-quarter profit, as the world’s largest fertilizer company […] Read more
Saskatchewan budget aims to spur ag investment
Potash, crude oil resource revenues help cut deficit
Sweetening existing tax credits on big-ticket investments, and setting up a new Crown corporation to support Indigenous investors, are among the items expected to help encourage new value-added ag projects […] Read more
Nutrien to produce ‘most potash ever’ in 2022
Company to ramp up production in response to Ukraine conflict
The world’s biggest potash-producing company is set to produce more potash in 2022 due to “uncertainty of potash supply” coming out of Eastern Europe. Saskatoon-based Nutrien, which has an estimated […] Read more
Canadian and U.S. shippers brace for possible CP strike
Strike notice not yet given
Winnipeg | Reuters — Thousands of workers at Canada’s second-biggest railway, Canadian Pacific Railway, have threatened to strike this week, potentially disrupting the movement of grain, potash and coal at […] Read more
Vilsack hopes fertilizer firms don’t take advantage of Ukraine crisis
Washington | Reuters — U.S. Agriculture Secretary Tom Vilsack said Thursday he hoped fertilizer and agriculture supply companies affected by the Russian invasion of Ukraine would not take unfair advantage […] Read more
Nutrien takes cautious potash approach as rival copes with sanctions
Winnipeg | Reuters — Canada’s Nutrien, the world’s biggest fertilizer company, is bumping up potash production as sanctions restrict its rival in Belarus, but is holding off on bigger expansion, […] Read more
Nutrien eyes potash production boost amid turmoil in Russia, Belarus
Idled Saskatchewan mines could be restarted
Winnipeg | Reuters — Nutrien, the world’s biggest potash miner, could boost production by up to 29 per cent in coming years, depending on any sanctions facing rival producers in […] Read more
Thunder Bay shipping season wraps up
MarketsFarm — The last vessel of the shipping season will depart the Port of Thunder Bay on Friday. Grain handling volumes were down on the year, but increases in other […] Read more
Yara to stop buying potash from Belarus due to sanctions
Fertilizer firm buys 10-15 per cent of country's potash output
Oslo | Reuters — Norwegian fertilizer maker Yara said on Monday it will wind down purchases of potash from Belarus by April 1 as international sanctions made it impossible to […] Read more