Insights and Stories of Rod Nickel

Sep. 20, 2013 at 3:30 pm CDT

Canada’s biggest wheat crop in more than two decades will send supplies from the No. 2 wheat exporter into unusual places, battling head-on with U.S. wheat, grain traders said. Canadian farmers are expected to harvest 30.6 million tonnes of wheat this autumn, counting all varieties, according to Statistics Canada. Nearly […]

By Rod Nickel

Sep. 18, 2013 at 4:45 pm CDT

A move by top global potash producer Uralkali to quit its export partnership and seek to maximize sales volumes is unlikely to weed out higher-cost producers, the chief financial officer of rival PotashCorp said on Wednesday. Russia’s Uralkali OAO broke up Belarusian Potash Co. (BPC) in July and predicted the […]

By Rod Nickel

Sep. 17, 2013 at 4:23 pm CDT

Uralkali’s revamped potash marketing plan, focusing on maximizing sales volume rather than price, fails the “economic sniff test,” Mosaic Co. CEO Jim Prokopanko said on Tuesday. Prices of the crop nutrient have slipped since midsummer, when the biggest global producer, Russia’s Uralkali OAO, quit its export partnership with Belaruskali and […]

By Rod Nickel

Sep. 16, 2013 at 4:55 pm CDT

U.S. soybeans fell two per cent on Monday for the second straight session as forecasts for more rain this week eased concerns about declining U.S. harvest prospects and offset a tighter-than-expected supply outlook from the government. Corn slipped on reports of big yields from the early U.S. harvest, adding to […]

By Julie Ingwersen, Rod Nickel

Sep. 6, 2013 at 2:49 pm CDT

Statistics Canada may scrap one of its annual farmer surveys on crop yields in favour of a report that uses satellite data to estimate production. StatsCan, the national statistical agency, said the satellite data was producing increasingly similar results to its September farmer survey on yields of wheat, canola and […]

By louise-egan, Rod Nickel