Insights and Stories of Rod Nickel

Nov. 23, 2015 at 7:48 pm CST

Winnipeg | Reuters — The new chief executive of Canpotex expects the Canadian potash trader to decide around late 2016 where to expand West Coast terminal capacity, a move that could give it a faster route to Chinese buyers in a highly competitive market. Options include building a $775 million […]

By Rod Nickel

Nov. 20, 2015 at 7:29 pm CST

Winnipeg | Reuters –– Potash-rich Saskatchewan hopes to revise its taxes on production of the crop fertilizer to avoid big revenue drops in years when prices sag, the Canadian province’s economy minister said Friday. Saskatchewan, home to mines operated by PotashCorp, Mosaic Co. and Agrium, is conducting its first full […]

By Rod Nickel

Nov. 10, 2015 at 3:39 pm CST

Winnipeg | Reuters –– Canada’s new agriculture minister said Tuesday he likely will support the Trans-Pacific Partnership negotiated by the previous government, and is inclined to retaliate against the U.S. over a long-standing meat-labeling dispute. The Liberal government, elected last month, has not taken a firm position yet on whether […]

By Rod Nickel

Nov. 7, 2015 at 12:53 am CST

Reuters — Canadian fertilizer and farm retail dealer Agrium on Thursday reported quarterly profit jumped nearly nine per cent, as higher sales volumes and lower costs helped it buck the sector’s trend of weaker earnings. Weaker currencies in fertilizer-buying markets such as Brazil and India are weighing down prices, leading […]

By Rod Nickel, Sneha Banerjee

Nov. 6, 2015 at 1:05 pm CST

Reuters — Canadian farmers will get squeezed between new trade deals that allow more dairy imports to enter the country and slow-growing domestic consumption, Saputo’s CEO said on Thursday. The Trans-Pacific Partnership trade deal is expected to open access for New Zealand, the U.S. and other countries to 3.5 per […]

By Rod Nickel