Reuters — Canadian fertilizer maker Nutrien on Monday cut its annual adjusted profit forecast as weaker-than-normal industrial demand held back prices for ammonia and urea ammonium nitrate. The company cut […] Read more
Tag Archives potash
Nutrien cuts profit forecast on weak ammonia prices
Nutrien cuts 2020 forecast as corn demand, potash prices hit
Reuters — Fertilizer maker Nutrien said Wednesday it has seen limited impact from the COVID-19 outbreak, but cut its annual forecast as oil downturn hit corn demand and potash prices […] Read more
Thunder Bay wraps up active shipping season
MarketsFarm — The last cargo vessel of the year departed the Port of Thunder Bay on Sunday, bringing total cargo shipments through the facility to their highest level in half-a-decade. […] Read more
Mosaic to cut fertilizer production as weather dampens demand
Reuters — Mosaic Co. said Thursday it will reduce fertilizer production until market conditions improve, as a difficult harvest season in North America has led to reduced fertilizer usage. Agricultural […] Read more
K+S considering sale of stakes in potash, salt businesses
Frankfurt | Reuters — German potash and salt miner K+S said it was looking into selling stakes in its North American businesses because an ongoing cost cutting push would not […] Read more
CN kicks off recovery after eight-day strike
Reuters –– Canadian National Railway on Thursday said it was putting a recovery plan in place while ramping up operations after the country’s biggest rail strike in a decade. The […] Read more
Nutrien potash mine idled despite rail strike’s end
Plans by the world’s largest ag inputs provider to temporarily idle its biggest potash mine in view of the Canadian National Railway strike will proceed, even as CN goes back […] Read more
CN strike drags on, hitting grain exports, fertilizer output
Ottawa/Montreal | Reuters — A prolonged strike at Canadian National Railway, the country’s largest railroad, sent further shocks through the economy on Monday with grain shipments scuttled and layoffs planned […] Read more
Nutrien cuts profit forecast on weak fertilizer demand
Bengaluru |Reuters – Canadian fertilizer maker Nutrien Ltd missed third-quarter profit estimates and cut full-year earnings forecast on Monday, as it battled lower demand for its crop nutrients. Agricultural companies have seen their […] Read more
BHP sets early 2021 for decision on Jansen potash project
Melbourne | Reuters — BHP Group Ltd., the world’s biggest miner, said on Thursday it will make a final investment decision on its long-delayed $17 billion Jansen potash project in […] Read more
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