Insights and Stories on Fertilizer

Jun. 7, 2021 at 7:34 pm CDT

Reuters — Fertilizer company Nutrien said Monday it expects to increase potash production by about half a million tonnes in the second half of the year compared to earlier expectations, due to strong global demand. As crop prices rise, farmers have greater incentive to use fertilizer and maximize yields, boosting […]

By Reuters

Jun. 4, 2021 at 3:40 pm CDT

Winnipeg | Reuters — Fertilizer producer Mosaic Co. said Friday it would immediately cut production at its biggest potash mine due to flood risks, and restart an idled mine to offset some of the reduction. Mosaic’s K1 and K2 mine shafts at Esterhazy, Sask., about 75 km southeast of Yorkton, […]

By Rithika Krishna, Rod Nickel

May. 26, 2021 at 4:58 pm CDT

Reuters — BHP Group is in discussions with fertilizer maker Nutrien about a partnership in the miner’s massive potash project in Saskatchewan, Bloomberg reported Wednesday, citing sources. Potential options include Nutrien acquiring a stake in BHP’s mine at Jansen, Sask., or becoming the mine’s operator and selling the potash through […]

By Reuters

May. 20, 2021 at 3:37 pm CDT

Mumbai | Reuters — Indian authorities have opened an investigation into the heads of two leading fertilizer importing companies, alleging they secured commissions from overseas suppliers for inflating the prices of crop nutrient purchases. The Central Bureau of Investigation (CBI), India’s top crimefighting agency, said late Wednesday it was investigating […]

By rajendra-jadhav

May. 4, 2021 at 7:37 pm CDT

Winnipeg | Reuters — Canadian fertilizer and farm dealer Nutrien will continue its existing business strategy, including a focus on supporting global potash prices over maximizing sales, new CEO Mayo Schmidt said Tuesday. Surging prices of corn, soybeans and canola have given North American farmers more incentive to spend on […]

By Rod Nickel