Insights and Stories on Potash

Nov. 1, 2016 at 5:12 pm CDT

Reuters — U.S. fertilizer producer Mosaic Co. may need to restart its idled potash mine at Colonsay, Sask. next year, as international buyers work through inventories, the company said on Tuesday. Mosaic halted production in July at the mine, about 70 km southeast of Saskatoon, for the rest of 2016 […]

By Ismail Shakil, Rod Nickel

Oct. 27, 2016 at 10:49 am CDT

Toronto/Winnipeg | Reuters — The shareholders of Agrium and PotashCorp are set to overwhelmingly approve a merger of the two Canadian fertilizer producers, according to a source familiar with the situation, despite initial skepticism from Agrium investors. About 99 per cent of the votes from both groups of shareholders are […]

By John Tilak, Rod Nickel

Oct. 5, 2016 at 7:24 pm CDT

Rio de Janeiro | Reuters — Vale SA’s plan to dispose of fertilizer assets remains on track despite a request last week by Brazil’s state development bank, BNDES, to analyze the transaction more carefully, according to two people with direct knowledge of the situation. Terms of the deal, which involves […]

By Guillermo Parra-Bernal, Tatiana Bautzer

Sep. 20, 2016 at 5:58 pm CDT

Reuters — Plunging crop and fertilizer prices may not have hit rock bottom yet, and the market’s weakness makes it the right time to merge leading farm input suppliers, the CEO of Agrium said on Tuesday, making his pitch to skeptical investors for a US$26 billion union with PotashCorp. “Are […]

By Rod Nickel

Sep. 12, 2016 at 11:09 am CDT

The boards of two of the heaviest hitters in Canada’s fertilizer sector have formally agreed to a $47 billion “merger of equals” deal under a new, yet-to-be-named parent company. PotashCorp, the world’s biggest fertilizer company by capacity, and rival Agrium, which is also the world’s biggest crop input retail chain, […]

By Staff