Insights and Stories on Fertilizer

Apr. 27, 2017 at 5:39 pm CDT

Reuters — Saskatchewan-based PotashCorp reported a bigger-than-expected rise in quarterly profit on Thursday and raised its full-year outlook, citing lower costs and increased sales volumes. Shares of the Saskatoon-based fertilizer producer rose 1.6 per cent in early New York trading, touching a three-week high. Revenue was lower in the first […]

By Rod Nickel, Swetha Gopinath

Apr. 12, 2017 at 6:37 pm CDT

Winnipeg | Reuters — Canadian potash exporter Canpotex is pressing Chinese buyers to pay a “material” price increase for the fertilizer in their annual supply contract, as spot values in other markets rise off multi-year lows, Canpotex’s chief executive said on Monday. “We’re not interested in some kind of ratcheting […]

By Rod Nickel

Apr. 3, 2017 at 6:15 pm CDT

Paris | Reuters — Louis Dreyfus’ core earnings fell for a second year in 2016 amid a persistent high supply of crops, but the agricultural commodity trader said a revamp of operations should help results this year. Large inventories, low prices and limited volatility have curbed margins in the past […]

By Gus Trompiz

Mar. 29, 2017 at 11:01 am CDT

New Delhi | Reuters — India’s competition regulator said the proposed merger between Agrium and PotashCorp was likely to hurt competition, a government statement said Wednesday. The two Canadian fertilizer producers agreed to merge last September to navigate a severe industry slump by boosting efficiency and cutting costs. Neither Agrium […]

By Reuters

Mar. 9, 2017 at 2:21 pm CST

CNS Canada — This week’s dump of snow in eastern Saskatchewan and western Manitoba will likely push back fieldwork and fertilizer applications on a lot of farms, according to one crop watcher. Keystone Agricultural Producers president Dan Mazier, speaking from a conference in the U.S., said only about 50 per […]

By Dave Sims