Insights and Stories of Rod Nickel

Feb. 14, 2013 at 6:09 pm CST

Canadian wheat exports might be heading toward the biggest volume in six years following a bountiful harvest in Canada and sharply lower output from rival shipper Australia. A projected 26 per cent decline in wheat production in Australia, the world’s second-biggest wheat exporter last year, ahead of Russia and Canada, […]

By Rod Nickel

Feb. 13, 2013 at 4:27 pm CST

Corn prices fell for a ninth straight session on Wednesday as South American weather improved, but bargain buyers lifted wheat off a seven-month low and took soybeans from a one-month bottom. Trade was choppy as weather conditions continued to boost prospects for U.S. wheat and South American corn and soybeans, […]

By Rod Nickel

Feb. 12, 2013 at 4:00 pm CST

Chicago wheat prices fell to a seven-month low on Tuesday after much-needed precipitation provided some moisture to the drought-stricken winter-wheat growing area of the United States. Corn also slipped, extending its losing streak to the longest since mid-2007, on a potential rebound in world grain supply this year, while soybeans […]

By Rod Nickel

Feb. 7, 2013 at 7:09 pm CST

Canpotex Ltd., the offshore selling agency for leading North American potash miners, has signed a new potash supply contract with Indian buyers at a smaller than expected discount. The deal to supply India with the crop nutrient for the remainder of 2013 ends a long standoff by Indian buyers that […]

By Rod Nickel

Jan. 31, 2013 at 7:21 pm CST

PotashCorp of Saskatchewan forecast a modest rebound in earnings for 2013, with key importers in China and eventually India resuming purchases of the crop nutrient potash, but the company’s recovery will be more gradual than expected. PotashCorp, the world’s biggest fertilizer company, reported a surprisingly large drop in fourth-quarter profit […]

By Rod Nickel